Business news from Ukraine

Business news from Ukraine

AJAX SYSTEMS WANTS TO JOIN DIIA.CITY

14 February , 2022  

Ukrainian developer and manufacturer of security systems Ajax Systems (Kyiv) has applied for residency in Diia.City, Deputy Prime Minister, Minister of Digital Transformation Mykhailo Fedorov has said.
“Their product is one of the most high-tech in the world. Since its founding in 2011, the company has managed to grow 100 times, attract over $10 million in investments, and also get into the list of Ukrainian companies preparing for an IPO,” he wrote on his Telegram channel last week.
Fedorov also said that if in 2011 95% of the market was occupied by wired systems, then in 2021 about 70-80% belongs to wireless solutions, and Ajax itself occupies a leading position in this segment. Today, the company’s devices protect more than 1 million users in more than 120 countries around the world.
“It’s great that all the company’s products are developed and manufactured in Ukraine. Capacities include R&D offices in Kharkiv, Kyiv and Vinnytsia, as well as two factories in Kyiv,” he added.
As reported by Fedorov, as of February 10, a total of 44 companies have already applied for residency in Diia.City.

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