Business news from Ukraine

Business news from Ukraine

UKRAINE WANTS TO EXPORT IT PRODUCTS – UKRAINIAN PRESIDENT

Ukrainian President Volodymyr Zelensky during his working visit to Japan met with top managers of the Japan Association of New Economy (JANE) and said that the IT sector is one of the most dynamically developing in Ukraine. Zelensky also shared plans to develop it.
“We plan to develop innovative infrastructure by opening business incubators, accelerators and innovative platforms, opening landmark R&D centers of global corporations, creating innovative or startup platforms in higher education institutions,” the press service of the Office of the President said on Wednesday morning, citing Zelensky.
According to the report, Japanese businessmen became interested in the State in the Smartphone project. Zelensky said that the digitalization reform is under his personal control.
The head of state also announced Ukraine’s desire to create a competitive IT product.
“In the Western world, our IT specialists are perceived as cheap labor. It is important for us to change this. We want to create IT products and sell them in the world,” he said.
Representatives of the association told the President of Ukraine about examples of successful innovative projects for the use of artificial intelligence in Japan, which have already proved their effectiveness in various fields of life. It is about tourism, entertainment and cybersecurity.

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LARGEST EUROPEAN LOW COST RYANAIR COULD ESTABLISH COMPANY TO CREATE IT PRODUCTS IN UKRAINE

Ryanair, the largest European low cost air carrier, is considering the possibility of establishing a company in Ukraine to create IT products, Yulia Kovaliv, the head of the National Investment Council’s office, said on the air of Radio NV. “One of the ideas we discussed with the Ryanair leadership is to establish an internal company in Ukraine, which develops all IT products for the low cost carrier,” she said. Kovaliv also noted that in the near future the company plans to start domestic flights in Ukraine.
“If we are talking about the launch of domestic flights by the carrier in the country, then, again, the level of airport charges is important, but all companies understand that the cheaper the ticket is, the faster the airline will become competitive,” she said.
As reported, Ryanair began flights to Ukraine on the route Berlin-Kyiv-Berlin from September 3. Ryanair offers flights from Kyiv to six cities in Poland, one destination in Germany, Spain, Lithuania, Slovakia, the UK and Sweden, as well as two destinations from Lviv to Germany and Poland, one to the UK. Ryanair (Ireland) is the largest low cost airline in Europe.

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