Data & reports

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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Contactless payment use grows three-fold in five months in Ukraine

Payment for goods and services using contactless payment cards is gaining popularity in Ukraine. The Ukrainian Processing Center (UPC) has recorded a threefold increase in the turnover and the number of transactions using NFC-supported cards emitted by UPC’s five partnering banks. The average transaction value increased slightly from 48 hryvnias at the end of December …

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Ukrainian IT students and alumni rank universities – and reveal appalling corruption

DOU.UA, a leading online community of IT programmers, has published a ranking of Ukrainian IT universities based on a survey of their graduates and students. The strengths and weaknesses of each university were evaluated based on their overall image, knowledge capacity and usefulness. More than 2,800 people participated in the survey, with 60% of these …

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Report: Ukraine now counts 7.5 million broadband Internet subscribers

The number of broadband subscribers in Ukraine exceeded 7.49 million in the first quarter of 2014, up 0.7% compared to Q4 2013, according to Russian consultancy iKS-Consulting. Broadband ISP revenue in the country exceeded 1.472 billion hryvnias in the first quarter of 2014. At the same time, according to the consultancy, the dynamics of broadband …

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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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Almost a third of Ukrainian users access the Internet via mobile devices

According to Yandex.Metrika, the share of unique visitors in Ukraine who access websites from smartphones or tablets grew by 11 points to 29% between August 2013 and April 2014. However, so far mobile Internet users are less active than those who use computers for Internet access, so the share of tablets and smartphones accounts for …

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Technologically heeled companies are more optimistic about the future

Despite the difficult economic and political situation in the country, 23% of SMB companies in Ukraine project financial growth within the year. 64% of these optimistic market players make use of information technologies, in particular cloud-computing, according to an Ipsos MORI survey ordered by Microsoft. According to the survey, 85% of small and 66% of …

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Three Ukrainian companies rated “rising stars” in global ranking of IT outsourcing companies

In its annual ranking of the world’s best outsourcing service providers, the International Association of Outsourcing (IAOP) has included three Ukrainian companies among the “Top 5 Rising Stars:” Intetics, Miratech and Softengi made the list, occupying the 3rd, 4th, and 5th spots, respectively. EPAM and Luxoft – two companies with Russian origins and large development …

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