Business news from Ukraine

Business news from Ukraine

UKRAINIANS RECEIVE $100 MLN IN FISCAL AID REMITTANCES FROM INTL ORGANIZATIONS THROUGH PRIVATBANK

Ukrainians have received 800,000 aid remittances totaling $100 million from international organizations, the bank’s press service reported on Monday.

According to the report, most of the payments came from the UN World Food Program, the UN Refugee Agency in Ukraine and the International Committee of the Red Cross.

According to the statistics of the National Bank of Ukraine, as of April 1, 2022, PrivatBank ranked first (UAH 592.38 billion) among 69 banks operating in the country in terms of total assets.

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SII GROUP PLANS TO OPEN NEW OFFICES IN UKRAINE

International IT outsourcer Sii Group in January joined the Ukrainian division of Sii Ukraine to the Polish Sii Poland and announced large-scale growth of the company in Ukraine.
“In order to diversify the candidates’ resource pool and increase competitiveness, Sii Poland decided to expand and invest in Ukraine. The contract has been finalized in November 2021. The company intends to hire dozens of engineers in the coming months. We decided to make an investment on the Ukrainian market because it has huge potential,” the company quoted Gregoire Nitot, CEO of Sii Poland, Sweden, and Ukraine as saying.
The company stressed that more than 200,000 highly qualified IT specialists work in Ukraine, which makes it an attractive place for investment.
“Our goal is to make Sii Ukraine a large delivery center, just like Sii Poland is today. We hope to hire hundreds of engineers and open new offices in many Ukrainian cities,” Nitot said.
Sii Poland informed the Ukrainian IT media DOU that they plan to hire 2,000-3,000 employees, mainly IT specialists, and open offices in Kyiv, Kharkiv, Lviv, Dnipro and other cities.
Sii Ukraine was opened in 2006. Currently, the company employs about 30 specialists, working in the office located in Odesa.
A merger of the subsidiary with Sii Poland is connected with dozens of open IT positions, but also back office specialists in Ukraine.
Sii Group was founded in 1979. The company employs 13,000 people worldwide and has opened 88 locations. The company is a global business partner in the field of IT, engineering, digital technologies and business process outsourcing (BPO) services. Its Sii Poland division is considered the largest Polish IT service provider.

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SERGIY BUBKA RE-ELECTED VICE PRESIDENT OF INTL ASSOCIATION OF ATHLETICS FEDERATIONS FOR ANOTHER FOUR YEARS

President of the National Olympic Committee (NOC) of Ukraine Sergiy Bubka on Wednesday was re-elected to the post of vice president of the International Association of Athletics Federations (IAAF) for four years. “According to the results of the vote, President of the National Olympic Committee of Ukraine, the legendary athlete, Olympic champion, multiple world champion, 35-times world record holder Serhiy Bubka has been re-elected to the post of IAAF Vice President for a term of four years,” the NOC of Ukraine said in a statement.
He received 139 votes from the national federations of the countries participating in the vote.
Briton Sebastian Coe was again elected President of the IAAF.
Bubka became IAAF Vice President in 2007.

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