Business news from Ukraine

LVIV IT-COMPANY SOFTSERVE INVESTS $100 MLN IN CAMPUS CONSTRUCTION

Lviv IT-company SoftServe plans to invest over $100 million in the construction of a creative office campus on the site of Lviv penal colony No. 48 acquired for UAH 377.5 million at a privatization auction.
According to a SoftServe press release on the Business Wire portal, construction will begin in 2022 and it will take about five years. An international architectural bureau will be involved in the work on the project.
“The new campus will not only breathe new life into the whole district of Lviv, but will also continue the development of the city as a major educational and technological hub in Ukraine and in the world,” the co-founder and member of the Board of Directors of SoftServe, Oleh Denys, said.
According to the project, the campus will house SoftServe offices, as well as the company’s corporate university, conference rooms and exhibition grounds, a school and a kindergarten, and apartments.
As reported, SoftServe acquired Lviv penal colony No. 48 on a 10.7 hectare plot for UAH 377.5 million at a privatization auction held on June 3.
SoftServe specializes in software production, development services, quality control and support of information systems and business solutions. To date, about 10,000 employees of the company work in 38 offices. The main offices of the company are located in Lviv and Austin (Texas, the United States). The company’s development centers are located in Lviv, Kyiv, Dnipro, Kharkiv, Rivne, Ivano-Frankivsk, Chernyvtsi, Sofia (Bulgaria) and Wroclaw, Bialystok, Gliwice and Warsaw (Poland).

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UKRAINIAN IT COMPANY SOFTSERVE OPENS OFFICE IN DUBAI

SoftServe, one of the largest Ukrainian IT companies, opens a new office in Dubai to support clients in the Middle East region, the number of which is growing rapidly.
According to the press service of the company, the new office of the company is located in the business center Dubai Internet City.
SoftServe said that the company has been operating in the Middle East since 2018, supplying solutions for large business conglomerations in the areas of trade, finance and the energy sector. The Middle East today is a hub that is rapidly developing and attracting investment, and due to the increase in population, opportunities are opening up for activities outside the oil sector. Therefore, this region occupies a key position in SoftServe’s growth strategy.
“Today, we are seeing an increase in demand for software and digital transformation in this region and are pleased to be able to provide our expertise. Our new office will better serve and support our customers by developing innovations in the areas of artificial intelligence, machine learning, cloud solutions, and digital banking solutions. We expect to build long-term and sustainable relationships in the Middle East, providing the most relevant technological solutions and services. Our presence in the location is another evolutionary step in the development of key markets in the region,” the press service said, quoting Executive Vice President EMEA at SoftServe Volodymyr Semenyshyn.
According to the company, the new office of SoftServe in Dubai will offer clients a full range of services – from consulting to project management, implementation of solutions and their ongoing support. In addition to the business development direction, developers will also work in the office.
The company said that the Dubai office will become a place for frequent visits by employees, customers and partners. In general, in 2019-2020, 150 employees of the company traveled to the UAE for business purposes.
“SoftServe is partnering with Google Cloud, Amazon Web Services, Microsoft Azure to showcase expertise across the region that is recognized by global corporations – from cutting edge technology solutions, big data management, cloud architecture to AWS best practices for business and solutions based on Microsoft technologies,” SoftServe said.
SoftServe specializes in software production, development services, quality control and support of information systems and business solutions. To date, about 10,000 employees of the company work in 38 offices. The main offices of the company are located in Lviv and Austin (Texas, the United States). The company’s development centers are located in Lviv, Kyiv, Dnipro, Kharkiv, Rivne, Ivano-Frankivsk, Chernyvtsi, Sofia (Bulgaria) and Wroclaw, Bialystok, Gliwice and Warsaw (Poland).

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