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Overview of Economy Ukraine is an emerging free market, with a gross domestic product that has
experienced rapid growth in recent years
Western-oriented government policies encourage partnership and close business ties with US and EU companies
In 2008 Ukraine joined the World Trade Organization
Ukraine now has the potential to be one of the region’s leaders in volume of foreign direct investment and portfolio investment
In 2007 Ukraine had the highest IT industry growth rate among Central and Eastern European countries. Ukrainian IT market ranked fourth after Russia, Poland and the Czech Republic, with almost 40 percent growth and over $3,4 billion in volume, accordingly to IDC survey
The USA, Germany, Poland, the UK, Japan, China, Russia are the main trade partners of Ukraine
Citizens of the United States, European Union, Swiss Confederation, Liechtenstein, Canada, and Japan DO NOT need visas for entering Ukraine since 2005
Kyiv, Kharkiv, Lviv, Dnipropetrovsk, Donetsk, Odessa - main airports with direct links with most countries of the world
A lot of hotels and airports are being modernized, and the new ones are being built as a preparation to host Euro 2012. 4 cities are to host Euro 2012!
Ukraine has a long standing reputation as major technology region, with a well developed scientific and educational base
With only 1% of all world’s population, Ukraine has 6% of the world’s physicists, mathematicians, computer programmers, and other highly educated professionals
More than 16,000 IT specialists with bachelor degree and about 14,000 IT specialists with master degree graduate from universities each year
To bridge the gap between classical education and real business and technical process, outsourcing companies have partnered with leading universities to offer additional classes and labs for students
In 2007 the Ukrainian Parliament adopted the law “On the Foundations of the Development of Ukrainian Information Society in 2007-2015”. The goal of the law is to promote growth of information society in Ukraine, strengthening the basis of IT sector development.
One of the most comprehensive law on law on Intellectual property and copyright protection in the world
Non-residents at the territory of Ukraine may perform activities only through their own representative offices
Government Support and Legal Aspects of Business in Ukraine
1999-2002: Industry growth within DOT COM boom Wide usage of Internet Projects for DOT COM startups The volume of offshore projects exceeds the volume of onshore projects
2002-2003: Period of Uncertainty Global IT market recession and focus of software development market on
offshore customers became the reason of industry slowdown. Separate companies bankrupted (Novatek, Tessart, Ukrsoft)
Ukrainian Hi-Tech Initiative (hi-tech.org.ua) – association of companies providing IT outsourcing services. The association unites more than 50 companies who employ more than 4500 IT specialists.
ITUkraine (itukraine.org.ua) - аssociation of Ukrainian software development companies. The association unites 28 companies.
Developers (developers.org.ua) - сommunity of Ukrainian IT professionals
JUG Ukraine (jug.org.ua) - Ukrainian Group of Java Developers
Market research: Ukrainian IT Services and Products Export Market Research 2003 CEE IT Outsourcing Review 2007 CEE IT Outsourcing Review 2008
Events: Ukrainian Outsourcing Forum 2005, 2006, 2007 Hardware Design Development in Ukraine 2006 Aaron Marcus workshop “Successful User Interface Development” 2007 Job Fair in Kyiv, Donetsk, Cherkassy
Cooperation with Government Concept for Government Program on the development of Ukrainian
Software Development industry – “UKRAINE, THE IT-FIRST NATION”
Content projects ITOnews.eu – information portal for association CEEOA CATALOG.ceeoa.org – directory of ITO services providers from CEE
NET Technology Center WEB100 – the Ukrainian software
development company that provides offshore outsourcing services and deals with the development of IT solutions for B2B communications and business solutions based on Social Media technologies.
NET Technology Center WEB100 is an active member of