Business news from 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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The most in-demand specialists in 2021 were specialists in sales, IT, banking and investment, marketing, advertising and PR, as well as transport and logistics, according to a study by the expert-analytical center “The search for personnel during the year has more than doubled,” Ruslana Berezovska, head of the expert-analytical center, said.
In particular, vacancies in sales, IT, banking and investment, marketing, advertising and PR, transport and logistics increased from 91% to 174%.
At the same time, specialists in insurance, top management, law, sports, fitness and beauty industries, government service and non-profit organizations were not in demand in 2021.
According to the study, the leaders in the largest number of vacancies are Kyiv city, Dnipropetrovsk, Kharkiv, Odesa, Lviv, and Kyiv regions.
The top five spheres with the highest average wages included: IT and communication (UAH 54,000), top management (UAH 43,600), consulting (UAH 26,200), construction and real estate (UAH 24,800), and civil service (UAH 23,100).
The top five spheres with the lowest average wages included: tourism and restaurants (UAH 13,200), healthcare (UAH 13,000), initial career (UAH 12,200), working staff (UAH 11,900), and administrative staff (UAH 10,700).

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Sitronics Telecom Solutions Ukraine LLC (Kyiv) changed its name to Seeton Group LLC, rebranded and starts operating in the markets of Eastern Europe and the Caucasus.
According to a message of the Ukrainian system integrator, circulated on Thursday, the company will focus on priority sectors where the IT component is most in demand: telecommunications and banking, industry, energy, agro, retail – and will strengthen cooperation with the public sector.
The new strategy envisages both intensification of activities in Ukraine and expansion of presence in the countries of Eastern Europe and the Caucasus.
Earlier in the same year, Sitronics changed its owner, in connection with which it revised its development strategy and lines of business. Also, a full-fledged rebranding was carried out, during which the company changed its name to Seeton, changed its visual style and revised its philosophy: mission, values and principles of work.
Expanding its technological activities in system integration, Seeton develops IT consulting. The company is actively working in the field of information security, business intelligence, servers, data storage systems and directly in consulting, helping companies and organizations, based on analytics and forecasting, comprehensively solve problems and plan the implementation of IT projects.
“Now we are entering the international market and will be able to apply the experience of working in Ukraine in other countries that are also on the path of digitalization,” Bohdan Khoroschak, director of Seeton, quoted by the press service.
At the same time, it is noted that in the next few years Seeton intends to invest in the development of employee competencies, expansion of the team and intensive training of specialists on existing and new products.
The second area of investment is business development abroad. Seeton has already opened a representative office in Azerbaijan, where it is conducting new projects with its first clients, and is planning further development in the Caspian region and in the neighboring countries of Ukraine.
As reported, in October 2020, the Antimonopoly Committee of Ukraine allowed relatives of owner of NEQSOL Holding Nasib Hasanov, who is a 100% beneficiary of the second largest Ukrainian mobile operator Vodafone Ukraine, to acquire 100% of Sitronics Telecom Solutions Ukraine LLC.
Sitronics Telecom Solutions Ukraine provides services in the Ukrainian market for technological solutions, structured cabling systems, networks and IT optimization expertise.



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Автоматически созданное описание

Virtual reality: to what extent does technology affect the success of a grower?

Date December 2, 2021 (Thursday)

Time 14:00


Technology has changed dramatically over the last twenty years. Thanks to its rapid development, we explore, interact, buy and live differently. Agriculture is no exception. Growers can no longer work without satellites, drones and artificial intelligence. Technologies that help to collect data are becoming very important. However, perception of modern agriculture can be quite different – from a small farmer in a cab of old tractor to highly mechanized operations full of tractors and thousands of hectares. Sometimes it may seem that only high-tech farms use digital technology. But this is not quite true. Similar to how everyone on the planet uses smartphones, growers protect their crops with digital technology. But can digitalization really transform agriculture?  Can a farmer grow more using less?

This is what we will discuss on December 2 during the panel discussion “Transformation of Agriculture through Digital Technology”:

  • Is it possible to increase trust, transparency, reduce risks and be efficient in the relationship with a client, by providing new technologies, new opportunities, and a scientific basis?
  • How do optimal based pricing models and digital tools help to create sustainable food system?
  • How do investments in the development of new crop protection products, innovative genetics and digital tools help farmers to get better yields and to protect environment?
  • What is the role of data in decision-making?

These and other important topics our participants will be discussing during the panel discussion:

  • Olga Trofimtseva, President of Agricultural Platform
  • Sergiy Sychevskyi, Business Development Manager, Bayer
  • Dmytro Zaitsev, Head of Precision Agriculture Department, Continental Farmers Group
  • Mykola Chornonos, Head of Precision Agriculture Department and Telemetry in Ukraine, Moldova, Scandinavia and the Baltics, CNH Ukraine.
  • Kirill Druzhynin, Head of Innovations, Agrain

Moderator: Oleg Nivievskyi, Assistant Professor/Center for Food and Land Use Research at Kyiv School of Economics

Partner: Bayer.

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Grammarly, an IT company with Ukrainian roots, has attracted more than $200 million in investments from venture capitalists Baillie Gifford and BlackRock, according to a press release from the company.According to the announcement, Grammarly has reached a valuation of $13 billion.Grammarly plans to use the investment to accelerate product innovation and team growth.“Grammarly’s latest funding round underscores the importance of our mission and the broad need for effective communication,” Grammarly CEO Brad Hoover was quoted as saying.The company will also continue to promote its natural language processing and machine learning technologies to provide personalized feedback to users around the world.“We’re delighted to partner with the team at Grammarly to democratize effective communication. As the world has digitized, people communicate more than they ever have – yet it has never been so difficult,” Peter Singlehurst, Head of Private Companies at Baillie Gifford said.“What attracted us is the company’s vision and the team’s ability to drive the product forward to help more people in more situations communicate better. Grammarly’s long-term and ambitious approach also aligns with our approach to investing. We look forward to many years of partnership with Grammarly,” he said.The company also said that the number of Grammarly employees has almost tripled since 2019, and thanks to the recently announced hybrid model of remote work, the company is hiring employees in the United States, Canada and Ukraine.Grammarly was founded in 2009 by Kyiv residents: Max Lytvyn, Alex Shevchenko, and Dmytro Lider. Its offices are located in Kyiv, San Francisco, New York and Vancouver.Grammarly is an online grammar checker service created by Grammarly Inc. It automatically detects potential grammatical, spelling, punctual, verbal and style errors. The service is available in a web editor, desktop app, as well as extensions for Chrome, Safari, Firefox and Edge browsers, mobile keyboards, and an add-in for Microsoft Office.

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Co-founder of the Ukrainian multi-gaming e-sports organization Natus Vincere (NAVI) Oleksandr Kokhanovsky said that he supports the creation of a special legal regime for IT companies – Diia City.
As Kokhanovsky said during the presentation of Diia City on Monday, his plans are to raise at least $100 million investments in projects in which he is involved, while he noted that the conditions of Diia City would mean fewer risks for foreign investors.
According to him, the reduced tax rate, which will operate within Diia City, will allow Ukrainian companies to compete more successfully with foreign ones, and the strengthening of legislation in the field of intellectual property will improve the country’s image in the eyes of international investors.
“Our goal is to make Kyiv a core of e-sports in Europe. And I am very glad that now we have an ally that will speed up this process at times,” he said during the presentation.
Earlier, Deputy Chairman of the Verkhovna Rada Committee on Digital Transformation Yehor Chernev said that he hopes to adopt a legislative framework for the launch of a special legal regime Diia City by mid-summer.
The Ministry of Digital Transformation of Ukraine expects that the tax system for companies in the Diia City mode will help reduce the tax burden 5-fold.
According to Fedorov, thanks to Diia City, the income of the IT industry in Ukraine by 2025 may grow to $16.5 billion, and the number of jobs in this industry is planned to be increased to 450,000.

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