EPAM

Despite the war, reconstruction is ongoing across Ukraine. The government has approved the allocation of ₴14.5M from the fund for liquidating the consequences of armed aggression to finish building two key infrastructure projects in the Kherson and Chernihiv ...

• #Borodyanka
• #Chernihiv
• #EPAM
• #Kherson
• #UkraineReconstruction
• #UkraineRecovery
• #Zhytomyr

During the three years of the war, the combined workforce of the 50 largest Ukrainian IT companies has declined by 20,000 specialists due to relocation abroad. IT companies N-IX and Grid Dynamics Group saw a decrease of 50% in their workforces, while EPAM’s workforce was reduced by 31%. The largest exodus of IT specialists from Ukraine occurred in the ...

• #BusinessRelocation
• #EPAM
• #GridDynamicsGroup
• #N-IX
• #Poland
• #UkrainianITcompany

Half of Ukraine’s largest IT companies have reduced revenues due to the war and the need to relocate. In 2023, 15 of the 30 largest IT companies in Ukraine recorded a decrease in revenue compared to 2022. This is due to the redistribution of business between legal entities of the same group, relocatio...

• #EPAM
• #GlobalLogic
• #Luxoft
• #Monobank
• #Playtika
• #UkrainianITcompany

Analysts and market participants provide a forecast for the development of Ukraine’s IT sector in 2024. Last year, for the first time in history, the Ukrainian IT industry has experienced a reduction in the volume of its service exports, to $6.7B, which is 8.5% or $622M less than the figure for 2022. Am...

• #EPAM
• #ITservices
• #KharkivITcluster
• #UkraineITexport
• #UkrainianITcompany

An American investment company became a new shareholder of the largest IT company in Ukraine. AllianceBernstein acquired 6.1% of EPAM Systems’ shares, according to data from the website of the US Securities and Exchange Commission. Based on quotes for EPAM Systems, the market value of th...

• #AllianceBernstein
• #EPAM
• #UkrainianITcompany

Leading Ukrainian IT companies are losing specialists. The number of specialists in Ukraine’s 50 largest IT companies decreased by 6,100, or (6.6%), in half a year, reported DOU. So, as of July, there are 86,300 total specialists in the top 50, comp...

• #DataArt
• #EPAM
• #ITspecialists
• #UkrainianITcompany

IT firm EPAM, has opened an office in Kherson. The new office will have up to 40 employees, and the company will co-operate with local universities including the Kherson State University and Kherson National Technical University on educational pro...

• #EPAM
• #EPAMoutsorcing
• #EPAMukraine