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 …
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 …
Life.SREDA, a Moscow-based venture capital firm focusing on mobile and online fintech startups, is to invest $1.5 million in Settle, a mobile payment service developed by Kyiv (Kiev) -based startup Advice Wallet. Combining mobile payments and a loyalty scheme in one app, Settle makes it possible to both order and then pay your bill at a restaurant or café through …
Kyiv startup Advice Wallet secures $1.5 million from Russia’s Life.SREDA Read More
The ongoing crisis in Ukraine is threatening to destabilize the operations of Magento, an open-source content management system for e-commerce web sites owned by eBay and based in Kyiv (Kiev). In its last quarterly report for the second quarter ending June 31, 2014, eBay noted that “The current situation in Ukraine and the Crimean peninsula, along …
eBay’s Magento business under threat from continuing Ukraine crisis Read More
New York-based VertaMedia, an online marketing agency, last week announced the acquisition of AdCenter for $400,000. Based in Odessa, AdCenter organizes targeted ad campaigns on Russian-language social networks including Vkontakte (VK.com) and Odnoklassninki.ru. The agency serves Ukrainian as well as Russian clients via an office in Krasnogorsk in the Moscow region. The AdCenter site currently operates …
Ukrainian social media advertising agency AdCenter acquired by US agency VertaMedia Read More
Last week, authorities from Lviv (Lvov), a major city in western Ukraine, signed a cooperation memorandum with Microsoft to launch several “smart-city” projects, reported leading Ukrainian IT portal AIN.UA. Utilizing the Microsoft CityNext platform, the city will create an interactive tourist-portal that will enable visitors to obtain quality services and necessary information. A portal allowing …
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 …
Many of you might know the Ukrainian game development industry by its recent hits, including Assassin’s Creed, the Star Wars series, Crysis, Metro 2033, S.T.A.L.K.E.R., Warface and World of Tanks – which were all fully or partly developed in Ukraine. Launched on May 15, ZADZEN’s Elements: Epic Heroes is the latest in this series of …
New Ukraine-made mobile game downloaded 1 million times in the first week Read More
Having already invested $88 million since it established a base in Uzhgorod, Ukraine in 2004, the US-based manufacturing giant Jabil Circuit announced yesterday that they intend to spend a further $1.5 million for the purpose of boosting manufacturing-capacity for high-tech, complex products. The company says that this latest investment will be directed towards boosting output …
Jabil Circuit Ukraine to invest $1.5 million in electronics production in Transcarpathia Read More
The Internet Initiatives Development Fund (IIDF, or FRII in Russian), a government-backed fund supporting startup development, will open a remote regional accelerator in Sevastopol, Crimea, as soon as this summer, the Russian business daily Kommersant reported last week. The fund is expecting to support five to seven projects, which will be evaluated on the local and national levels. Funding …
Russia seeks to develop startup industry in Crimea Read More
Three weeks after Russia asserted that Crimea and the city of Sebastopol have become part of its territory, Facebook and Russian-language social network Vkontakte still categorize the inhabitants of these regions as being located in Ukraine. Meanwhile, two other major social networks, Odnoklassniki (Classmates) and Moi Mir (My World), have already classified them as being part …
