The Kyiv Post

Launched in 1995, Kyiv Post is Ukraine’s leading English-language newspaper, produced by a team of Western and Ukrainian journalists. Over the years, the weekly newspaper has led the charge for a free press in Ukraine, and has played roles in the Georgiy Gongadze scandal, the Orange Revolution and other significant Ukrainian events. The Kyiv Post’s IT coverage is sponsored by Looksery, Ciklum, Steltec Capital and SoftServe. The content is independent of the donors.

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The Current Wave: New breed of Ukrainian tech entrepreneurs seek success in global markets, Part 5

Report: Ukraine ranks 34th among world’s best countries for startups

Foreign businesses and investors call Ukraine an inspiring country: Despite years of economic difficulties, it still manages “to create technology that is both scalable and global,” reads StartupBlink’s just released annual report on startup ecosystems. According to the report, Ukraine ranked 34th in the list of 100 startup-friendly countries — it lost five points compared …

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Ukraine’s police arrest hackers attacking firms in South Korea, universities in US

Ukrainian police said on June 16 that it detained a group of hackers blamed for ransomware attacks that cost its victims — South Korean and U.S. firms — over $500 million. The criminals face up to eight years in prison for violating computer crime and money-laundering laws. After two dozes raids in and around Kyiv, police arrested …

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Ukraine’s parliament imposes additional taxes on Apple, Netflix, Facebook

Ukraine’s parliament passed a bill on June 3 that imposes additional taxes on foreign companies like Apple, Netflix, Amazon and Facebook. According to the new legislation, foreign tech companies that are not registered in Ukraine will pay a 20% value-added tax (VAT) for digital services they provide to local users. The bill targets content like …

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Tech industry transforms Ukraine, attracts new talent with decent pay

Jobs in information technology are highly sought after in Ukraine. Local techies work in modern offices and develop services for big overseas clients, some earning enough to afford to work remotely from under palm trees in Bali or Thailand. Today, Ukraine has over 212,000 tech specialists, 11% of the country’s 1.9 million individual entrepreneurs. Over …

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Facebook bans hundreds of fake accounts linked to Ukrainian lawmakers

Social network Facebook removed in April up to 1,000 fake accounts and public pages that spread propaganda and offensive content against rival politicians. Some of these accounts were run by Ukraine’s top officials. People behind these accounts could be linked to President Volodymyr Zelensky’s Servant of the People party, ex-Prime Minister Volodymyr Groysman, head of the Dovira …

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Dutch businessman roots for local IT talent but corruption remains shocking

When Dutch investor Theo Schnitfink made it to Ukraine some 12 years ago to open an office of his software development firm Symphony Solutions, he was amazed with the level of skill of Ukrainian software engineers. Corruption in the country didn’t scare Schnitfink away, but he admits he was shocked when he faced it himself. …

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French BlaBlaCar acquires Octobus to digitize local bus operators

French carpooling company BlaBlaCar has acquired Ukrainian tech firm Octobus that develops software for bus operators to manage their finances and ticket sales. The companies have not disclosed the price of the acquisition. With Octobus, bus carriers could sell tickets online, analyze their sales and create mobile apps for drivers to keep track of passenger traffic. BlaBlaCar …

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Ukrainian startup raises $500,000 to develop “the cleanest toothbrush ever”

Ukrainian startup Effa, which creates nature-friendly toothbrushes, has attracted $500,000 of investment and is now valued at $3.5 million, its cofounder Dasha Kichuk said on April 12. The money came from a Ukrainian private investor who doesn’t reveal his name to avoid requests for financing from other startups, Kichuk told the Kyiv Post. With the new investment, …

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Large Chinese electronics manufacturer to invest $13 million in Ukraine’s TV brand Kivi

China’s Shenzhen MTC, one of the largest television manufacturers in the world, has signed a $13 million deal with the Ukrainian company Kivi, which produces internet-connected television sets or smart TVs, according to the company’s vice president Sergey Wenger. Kivi wants to use the money to develop a new smart TV model, improving its design, image and sound …

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Ukrainian railways roll out chatbot to sell tickets via Viber, Telegram

Ukrainian railway monopoly Ukrzaliznytsia has launched a chatbot to service its customers via popular mobile messenger apps, the company announced on Jan. 12. Having the same name as the company, Ukrzaliznytsia, the bot can help people buy or return train tickets, check the timetable and even find the platform the train arrives at — all through Telegram and Viber. It …

Ukrainian railways roll out chatbot to sell tickets via Viber, Telegram Read More

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