The Antimonopoly Committee of Ukraine (AMCU) approved PrJSC “Kyivstar”’s acquisition of control over LLC “GigaCloud”—the cloud provider GigaCloud.
The AMCU adopted the relevant decision on July 9, 2026.
GigaCloud is a cloud service provider founded in 2016 that specializes in providing relevant services to businesses. The company’s clients include the agricultural holding Kernel, Naftogaz, and others.
In late May, during the “Business Breakfast with Volodymyr Fedorin,” Kyivstar President and CEO Oleksandr Komarov declined to comment on a possible acquisition of GigaCloud but also noted the group’s interest in strengthening its position in the cloud business.
“This is one of our strategic priorities. It could happen organically, since we are a major Microsoft partner—we are currently building our own cloud. It could also happen inorganically if we identify attractive targets,” Komarov emphasized.
In June 2025, the mobile operator launched its own cloud service for Ukrainian users, Kyivstar Cloud, which is available to small, medium, and large businesses, as well as public sector organizations.
In the first quarter of 2026, Kyivstar increased its EBITDA by 28.5% to 7.5 billion UAH, while revenue grew by 31.3% to 13.9 billion UAH.
Attacks on data centers in the Middle East may accelerate the revision of global standards for digital infrastructure protection and open up an opportunity for Ukraine to offer the world its own experience of cloud service resilience during wartime, according to Anton Khvastunov, co-founder and CBDO of GigaCloud. He wrote about this in a blog for the Interfax-Ukraine agency.
According to the author, after the strikes on data centers in the region, the requirements for their protection may approach the standards for the protection of military facilities. This could include non-disclosure of location, new security protocols, additional certification, and mandatory data redundancy between multiple sites so that a direct strike on one facility does not completely shut down services.
Khvastunov notes that this situation creates a window of opportunity for Ukraine, as Ukrainian providers have already gained practical experience in operating and protecting data in wartime conditions. He emphasizes that dependence on a single, even very large, infrastructure provider makes data vulnerable, and therefore the market will move towards interoperability and distributed storage of critical information.
The blog also states that in the spring of 2025, the largest players in the Ukrainian cloud market created the Ukrainian Digital Sovereignty Alliance. According to the author, as part of this initiative, participants are working on a model in which the stability of critical digital infrastructure is ensured not by one provider, but by several major market players simultaneously.
The author believes that the topic of digital sovereignty will become increasingly important in Europe and other regions, and attacks on data centers may make data protection one of the key areas of the new technology policy. The full text of the blog is published on the Interfax-Ukraine website.
Source: Anton Khvastunov’s blog “The war for data centers has begun. What does this mean for the world and Ukraine” on the Interfax-Ukraine website.
The growing number of development partners and system integrators around cloud providers allows for faster launch of complex and large-scale projects in the Ukrainian market. This conclusion is given in his column for Interfax-Ukraine by Volodymyr Bjelov, Country Director of GigaCloud.
According to him, it is the “partner model” that helps to close the lack of expertise and speeds up the path from pilot project to commercial operation.
GigaCloud is a Ukrainian cloud provider (part of GigaGroup), founded in 2016. The company provides IaaS/PaaS services, virtual data centers, redundancy and continuity solutions (DR/BCP) and GPU clouds. The infrastructure is located in data centers in Ukraine and the EU (Kiev, Lviv, Warsaw) with TIER III/IV compliance; the provider has VMware Cloud Service Provider (Premier) status and is registered in CSA STAR Registry, portfolio – over 1.5 thousand customers.
Since the beginning of the full-scale war, cybersecurity and business continuity (BCP/DR) have solidified as a strategic priority for Ukrainian companies: formal documents have given way to practical integration of SOC, SIEM and other defenses into daily operations. This is stated in the author’s column by Volodymyr Bjelov (GigaCloud) for Interfax-Ukraine.
The expert emphasizes that “security by default” reduces the risks of downtime and data loss and becomes a critical factor when choosing cloud providers.
GigaCloud is a Ukrainian cloud provider (part of GigaGroup), founded in 2016. The company provides IaaS/PaaS services, virtual data centers, redundancy and continuity solutions (DR/BCP) and GPU clouds. The infrastructure is hosted in data centers in Ukraine and EU (Kiev, Lviv, Warsaw) with TIER III/IV compliance; the provider has VMware Cloud Service Provider (Premier) status and is registered in CSA STAR Registry, portfolio – over 1.5 thousand customers.
In 2024-2025, medium and large businesses in Ukraine will more often choose private clouds – due to the requirements for data control and compliance with security standards. The trend has intensified against the backdrop of war and regulatory requirements, notes Volodymyr Bjelov (GigaCloud) in a column for Interfax-Ukraine.
The key change is the transition from “formal incident plans” to built-in cybersecurity: PAM, SIEM, SOC, encryption, DDoS protection are now considered at the level of cloud solution architecture, rather than as an “add-on”.
GigaCloud is a Ukrainian cloud provider (part of GigaGroup), founded in 2016. The company provides IaaS/PaaS services, virtual data centers, redundancy and continuity solutions (DR/BCP) and GPU clouds. The infrastructure is hosted in data centers in Ukraine and the EU (Kiev, Lviv, Warsaw) with TIER III/IV compliance; the provider has VMware Cloud Service Provider (Premier) statuses and is registered in CSA STAR Registry, portfolio – over 1.5 thousand customers.
ARCHITECTURE, BUSINESS, GigaCloud, private clouds, SECURITY, Vladimir Bjelov
Over 2,500 visitors and more than 60 programs: an overview of the Svoe.IT 2025 showroom in Kyiv
On Friday, May 9, the Mystetskyi Arsenal in Kyiv became a gathering place for everyone who creates, develops, and implements Ukrainian technological solutions. The third national showroom of Ukrainian software, Svoe.IT 2025, brought together over 55 Ukrainian developers and more than 2,500 participants from all over the country.
This is not just an exhibition, but a platform for testing solutions in action: CRM and ERP systems, document management software, accounting software, call center software, website and application development, payment services, POS systems, software for the public sector, EDTech solutions, and more.
Event format
Traditionally, the event was held in a showroom format to simplify the process of finding the necessary software for visitors. Guests could “try on” and test programs on site, conduct a full test drive, and get advice on their implementation. Most importantly, they could understand whether a particular software would meet their business needs.
Participants of Svoe.IT 2025 in categories
Payment services, POS systems, software cash registers
IT services
Accounting/management accounting
Reporting and Document Management
AI solutions
Telecom, telephony, and software for call centers
ERP
CRM
Risk monitoring and cyber security solutions
Other
Svoe.IT and Ukraine’s digital sovereignty
This year’s event was dedicated to the topic of Ukraine’s digital sovereignty — the state’s ability to independently control, protect, and develop its own IT infrastructure without critical dependence on foreign technologies.
“Digital sovereignty is not an abstract concept, but a real necessity for Ukraine in the context of war. Svoe.IT demonstrates that we already have our own powerful solutions that can replace foreign or Russian software. When we choose our own, we protect the state, support the economy, and build an independent technological future,” said Nazar Kurochko, CEO of GigaCloud, in his speech.
Nazariy emphasized that high-quality software is not only created in the capital. Khmelnytskyi, Chernivtsi, Kryvyi Rih, Poltava, Dnipro, Uzhhorod, and Ivano-Frankivsk are regions that are full-fledged players in the market. With this in mind, GigaCloud plans to expand the geography of Svoe.IT by organizing regional events to support local developers and strengthen the presence of Ukrainian IT solutions in every corner of the country.
The event also featured panel discussions with business and government representatives. Experts discussed issues related to countering hostile software, integrating AI into domestic developments, what is needed for the development of the technology industry, and practical case studies of solutions for small and medium-sized businesses.
Throughout the event, funds were raised for the needs of soldiers from the 46th separate brigade. Cloud provider GigaCloud launched the fundraiser together with the Tycho Charitable Foundation, and anyone could contribute with a donation. The fundraiser is still ongoing, and anyone who wishes to contribute can do so via this link.
The general partners of the event were IT Ukraine Association and UKRSIBBANK BNP Paribas Group. Diia.City Union and EIT, the Ukrainian hub of the European Institute of Innovation and Technology, organized the Tech Ecosystem Stage. Diia.City United organized a chamber event, Diia.City Square, during the event.
The Svoe.IT 2025 showroom demonstrated the existence of competitive Ukrainian developments in various market segments. GigaCloud announced further steps in the development of the project, including regional events, and therefore Svoe.IT remains a platform for the dissemination of domestic technological solutions and discussion of key issues of the country’s digital development.
https://interfax.com.ua/news/press-release/1071171.html
GigaCloud, Payment services, POS systems, software cash registers, Svoe.IT 2025, Назар Курочко
