Analysis & opinion

Association agreement shows strong EU commitment to high tech cooperation; local businesses have mixed reactions

Hopes, fears and expectations are high in Ukraine following the signature of the association agreement with the European Union (EU) in late June. The science, research and innovation sectors, as well as high-tech investment and e-commerce, are no exceptions, since they are directly or indirectly impacted by  important sections of the economic part of the …

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Ukrainian players respond: How the association agreement will impact the country’s IT, e-commerce and startup industries

Following the signature of the EU-Ukraine association agreement in late June, six figures of the Ukrainian high tech industry – EastLabs CEO Eveline Butchaskiy, Bionic Hill CEO Victor Galasyuk, Alexandr Ladyvir of Nova Poshta, UADM President Valentin Kalashnik, N-IX founder Andrew Pavliv, AVentures Capital’s Yevgen Sysoyev and TA Venture’s Viktoriya Tigipko – have shared with Ukraine Digital News their views on the …

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How Ukraine’s IT outsourcing industry has been impacted by the Maidan revolution

Since Ukraine popped up on the front pages of newspapers around the globe at the beginning of this year, there have been concerns – from both overseas customers and employees here in Ukraine – about how the Maidan revolution and its aftermath will impact the IT industry. Let us try to quantify what’s happening right now in the industry with …

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American technology companies have a lot at stake in Ukraine

An astounding number of American technology companies employ engineers in Ukraine, but you would never know it. Most don’t have formal offices in Kiev, preferring to hire people through intermediaries. Many companies would prefer to not publicly acknowledge these employees exist given that “outsourcing” is a dirty word in in U.S. politics. But given the …

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Ukrainian VC ranks the country’s best startups

It’s a year since top Ukrainian venture capitalist Yevgeny Sysoyev produced his first overview of Ukraine’s top-100 startups. A lot has changed since then, and many more people are now familiar with the complicated geography, politics and economics of his country. The Ukrainian startup ecosystem is still comparatively small, with a maximum valuation of just $2.5 billion. However, despite its …

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Russia still dominates Ukraine’s money transfer market

Russian money-transfer service Zolotaya Korona (Golden Crown) has displaced Western Union as the most-popular option for sending money to Ukraine, according to Elena Makhaeva, who heads the department tasked with overseeing money-transfer services for the National Bank of Ukraine (NBU). Zolotaya Korona and Western Union together own more than half of the Ukrainian money-transfer market, …

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Ukraine after the crisis: Moving to a knowledge-based economy – an invitation to act now

Dear Mr. Sheremeta, I would like to extend this invitation to you, as a representative of the government, to have a meeting with “IT Ukraine” association using this document as the agenda. We should immediately establish a working group to transform these ideas into concrete plans that can be put into action right away. As …

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