Business news from Ukraine

LUCKY LABS MULLING OPPORTUNITIES FOR STRATEGIC ACQUISITIONS WORTH $20-30 MLN ABROAD

16 December , 2016  

KYIV. Dec 16 (Interfax-Ukraine) – Lucky Labs international IT company, headquartered in Ukraine, is mulling opportunities for strategic acquisitions in Europe and, in general, in the world, according to a press release from Lucky Labs.

According to the report, the company primarily focuses on acquisitions worth $20-30 million in Britain, Germany, or Latvia.

“From the beginning we focused on absorption of manufacturers of innovative applications around the world. Once we managed to collect a strong portfolio of gaming and marketing applications, we want to continue to grow in international markets and, first of all, in Britain, Germany and Latvia, where we see particularly ambitious startups with fantastic ideas,” reads a press release citing Lucky Labs co-founder Rustam Gilfanov.

“We will be glad to appeals from new startups that develop games. We are ready to assist them in realizing their ideas,” another co-founder of Lucky Labs Serhiy Tokarev said.

Lucky Labs is an international group of IT companies. It has been engaged in software development for more than 10 years. Its central office is located in Kyiv. It employs more than 500 people.