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Torben Majgaard, founder of Ciklum, a top Ukraine IT company, died Thursday in Marbella, Spain at the age of 48

Monday, January 7, 2019
Torben Majgaard, founder of Ciklum, a top Ukraine IT company, died Thursday in Marbella, Spain at the age of 48

Torben Majgaard, founder of Ciklum, a top Ukraine IT company, died Thursday in Marbella, Spain at the age of 48. A heavy drinker, he suffered from cirrhosis of the liver. After moving from his native Denmark to Ukraine two decades ago, Majgaard first sold used computers, then founded Ciklum. Today, Ciklum has 3,000 employees and offices in Ukraine and nine other nations. In Kyiv, its engineering workforce of several hundred is split between two business centers — Gulliver and Horizon Park. Ciklum often does work for Fortune 500 companies.

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