Of the Fortune 500 list of largest US corporations, 100 use Ukrainian companies to outsource their IT work,

Of the Fortune 500 list of largest US corporations, 100 use Ukrainian companies to outsource their IT work, according to an industry survey by the Kyiv IT Cluster. The survey also found that of the 100 IT R&D centers in Ukraine, 44% are American companies. Tied for second place were companies from Israel and Russia. In a briefing to the British Ukrainian Chamber of Commerce, Nataly Veremeeva, the Cluster CEO, estimated that number of IT specialists working in Ukraine will double by 2025, hitting 242,000. In attendance, Nick Cotton, managing director of Cushman Wakefield, said that IT companies now account for half of rentals of new office space in Kyiv.