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Archive For: Ukraine’s Economy

Ukrainian IT industry employs 100,000 people

Ukrainian IT industry employs 100,000 people

The Ukrainian IT industry now employs 99,940 people — up from 89,300 last year — according to the latest report of DOU.UA, an authoritative industry resource. The figure includes programmers, QA specialists, project managers and other IT-related professionals. Almost half of these professionals live in Kyiv (Kiev). Others are inhabitants of such other major Ukrainian cities as Kharkiv (Kharkov), Lviv (Lvov), ... Read More
 
2017 Should Be the Year Ukraine’s Economy Takes Off

2017 Should Be the Year Ukraine’s Economy Takes Off

Three years after the Revolution of Dignity, the Ukrainian economy has stabilized and is ready for growth. Will the growth be fast or slow? Dangers lie ahead, but opportunities prevail. Success is easily taken for granted, so it is worth recalling what Ukraine has accomplished in the past three years. An unsustainable budget deficit of ... Read More
 
Ukrainian IT Industry: How to transform Ukraine’s brain drain into brain gain

Ukrainian IT Industry: How to transform Ukraine’s brain drain into brain gain

Returning IT entrepreneurs can help Ukraine to upgrade from breadbasket to brainbasket In February 1992 my former employer, Digital Equipment of Canada, moved me to Kyiv to develop its IT business from scratch. At the time, DEC was the No. 2 global IT company. Prior to my arrival, the transfer of sophisticated technology was prohibited ... Read More