According to research by Yandex Ukraine, Ukrainians have created 40 million accounts on popular social networks like Odnoklassniki, Vkontakte (VK.com), Facebook, and Twitter as of summer 2014. Russian social networks still dominate the market, as 27 million accounts have been created on Vkontakte and 11 million have been created on Odnoklassniki, as opposed to only …
Illustrating a willingness to reshape and open their industry to the global market, Ukraine’s venture capitalists have launched their own association. Joining the initiative are 30 industry players including not only such major Ukrainian funds as AVentures Capital, Horizon Capital, TA Venture or Vostok Venture, but also the EBRD and the Ernst & Young Venture …
Ukraine’s first VC association aims to be “the front door for foreign investors” Read More
Police in Ukraine’s capital city of Kiev (Kyiv) are testing a new innovation that allows residents to track queries made to the police through an online platform. As reported by Ukrainian online publication AIN.UA, the initiative is part of a growing state strategy to liberalize and digitalize the relationship and interactions between citizens and government …
Kiev police testing new online tracking platform for resident queries Read More
Ritot, a Ukrainian startup seeking crowdfunding on Indiegogo for a what they present as the “first projection watch,” has raised a considerable amount of funding, but garnered criticism and accusations of fraud in the process. With less than a week left in their Indiegogo campaign, the company has far surpassed its original target of $50,000 …
Ukrainian startup Ritot accused of fraud after raising $1 million on Indiegogo Read More
Staff at Ciklum, one of the largest IT-companies in Ukraine, have been suggested to transfer 1.5% of their salary to the needs of the military operations in Eastern Ukraine against pro-Russian insurgents. The proposal was made by the founder and director of Ciklum, Torben Majgaard, who sent an open letter to his employees regarding the issue, …
IT outsourcing company Ciklum comes out in support of new Ukrainian military tax Read More
Last week the analytical firm IDC reported that losses in potential VAT revenue from the illegal importation of IT-related products, such as tablets, laptops, and phones from $233 million in 2013. Moreover, this figure does not take into account the related losses borne by the state when refunding nonexistent VAT to unscrupulous importers. For the …
Report: Illegal importation of IT-related products causes huge losses to Ukrainian budget Read More
Economists, reformers, public figures and businessmen are gathering in Kyiv (Kiev) to discuss potential models and tools for a much-needed Ukrainian “economic leap.” The First Kyiv International Economic Forum (KIEF) is set to take place on October 2 at the Hilton Kyiv Hotel in partnership with Ukraine Digital News. The organizers and speakers will focus …
The Ukrainian investment fund Fison has invested $500,000 in DataProm, a Kyiv (Kiev) -based startup developing data-driven recommendation solutions for online retailers. The deal – which valued the startup at $2 million – was closed in May but made public only last week. “We’ve been paying attention to the Big Data segment for a long time …
Earlier this week Dmitry Shimkiv, Deputy Head of the Presidential Administration for Administrative, Social and Economic Reform, and Economic Development Minister Pavel Sheremeta, presented the online platform Easybusiness in UA. The platform – available in Ukrainian language only – displays tasks that are being worked on by the presidential team responsible for reform. A separate section on …
Ukrainian government unveils 14 priorities for the reform of domestic IT industry Read More
In a case of East meets West, the most dynamic representatives of Ukraine’s emerging tech industry are set to gather in the USA at the breakthrough U.T. Gem conference. The event will be held in San Francisco on September 18 at the Hyatt Regency hotel in partnership with Ukraine Digital News. Ukraine has become one …
Ukrainian tech sector to showcase its emerging talent in San Francisco Read More
Due to the unrest in Eastern Ukraine, many programmers have run away from the Donbass region to other parts of Ukraine or abroad. Liga.Business reports that, as of early June, one-fourth of programmers had left the region, with most IT companies directing their employees to cities like Kyiv (Kiev), Uzhgorod, Lviv (Lvov), or even out …
IT programmers and businesses run away from Donbass unrest Read More
Programmer Ekaterina Zyryanova, who lived in Kramatorsk, a war-torn city of the Donetsk region, for over 30 years, was forced to move to Western Ukraine to pursue a new life and career. She found a job in a Lviv (Lvov) based IT outsourcing company. Zyryanova has been kind enough to share with Ukraine Digital News her harrowing experience of …
