As the Ukrainian IT sector is still growing in spite of the economic turmoil, the country lacks qualified professionals to meet the expanding levels of international demand for skilled IT staff. If the Ukrainian IT sector is to reach its potential as one of the engines of the new Ukrainian knowledge economy, a fresh generation …
Global technology players with offices in Ukraine are as disappointed as anyone with the halting pace of Ukraine’s post-revolutionary changes. “Everybody observes that there is a certain, let’s say, decline in the speed of reforms… We see that the reforms that were promised year and a half ago are not taking place as fast as …
IBM Ukraine head unhappy with slow pace of reforms Read More
Earlier this month American-Ukrainian software development company Innovecs launched a Blockchain research and development center in Kyiv (Kiev). The center was set up with the participation of Mikhail Chobanyan, co-founder of Bitcoin Foundation Ukraine (BFU). A blockchain is a distributed database that maintains a continuously growing list of data records. This technology offers protection against tampering and revision, even …
Software developer Innovecs opens internationally-oriented Blockchain R&D center in Kiev Read More
Earlier this month the Ministry of Finances of Ukraine launched eData, a portal to track the use of public funds and “defeat corruption.” “We are introducing a revolutionary IT platform that will ensure more transparent use of public funds. After completion of the project, all citizens of Ukraine will be able to check the use of …
Ukrainian government launches web portal to track use of public funds Read More
Ukrainian startup Settle has completed the round of funding which it initiated earlier this year to commercialize its mobile booking and payment service for restaurants in the US market. The company — which initially hoped to deal with US investors — raised $1.5 million in total from SMRK, a Kyiv (Kiev)-based fund, and Alexander Chernyak, a startup entrepreneur operating in the USA, Russia and …
Restaurant booking app Settle completes $1.5 million round, launches in US market Read More
Oleksandr has been an Apple fan since he was a student. In the middle of the first decade of the 2000s, earning only 200 hryvnas (about 20 dollars) a month, he couldn’t afford much. In one of computer shops in Kiev he was attracted by the desk-lamp-like iMac G4, but figured that he could only …
An ex-volunteer and a soldier of the Ukrainian Battalion “Luhansk-1,” Andrii Umrykhin won gold at the FAI F2 European Championships for Control Line Model Aircraft. Contestants from 40 countries participated in the competition, which was held by the World Air Sports Federation (FAI) in Bulgaria in late August. Umrykhin defeated two Russian contestants, Igor Trifonov, …
Ukrainian soldier won gold at Europe’s drone modeling championship Read More
WinTaxi, a Ukrainian copycat of Uber, has received an undisclosed amount of funding from Evgeniya Dubinskaya, reported last week tech blog AIN.UA. The business angel has received a minority stake. The startup, which claims to have registered 400 taxi drivers and 7,000 users since its launch in spring, will use the money to develop new functionalities …
‘Ukrainian Uber’ claims 7,000 users, secures angel funding Read More
On Tuesday, Snapchat users got a new feature to play with, called Lenses. Now they can modify their photos and short videos to show themselves with altered facial features, cartoonish eyes or rainbows coming out of their mouths. They can thank the biggest deal involving a Ukrainian tech company. Ukrainians are known for their tech prowess. …
Yesterday Snapchat announced the launch of “Lenses,” a new feature that enables users to create a variety face effects while making selfies. These augmented reality filters will allow you to change eye or skin color, alter your face to remove blemishes or look thinner. Behind these new types of avatars is a technology developed by Looksery, a startup originated from Odessa, Ukraine, with …
Snapchat acquires Ukrainian technology Looksery in reported $150 million deal Read More
Leading international industry association IAOP is pleased to announce its return to Europe for the fourth European Outsourcing Summit taking place on 18-20 October at the Frankfurt Marriott Hotel in Frankfurt, Germany. This event is being organized with the support of the IAOP’s founding members, global partners, Regional Advisory Boards, and European and Eastern European chapters.
“The country is probably one of the best mid- and long-term investment opportunities in the world at the moment,” believes Pavel Curda, who follows closely the Central and Eastern European startup scene. Having spent two weeks in Lviv (Lvov) and Odessa in August, the Czech entrepreneur suggests western investors to co-invest with local business angels.
