KYIV. April 12 (Interfax-Ukraine) – Ukrainian photo bank Depositphotos seeks to invest around UA 150 million in development of Lightfield Productions photo studio with a gross area of some 2,500 square meters that was opened on April 11.
The founder of Depositphotos Dmytro Serheyev told Interfax-Ukraine that he plans that the payback period will be until the middle 2018.
He said that this is the sum, including spending on construction and equipment of the photo studio. The studio is located in Kyiv near the office of Depositphotos.
“We invite all photographers to cooperation with the studio. Best Ukrainian photographers are making pictures here. Now they will be able to earn more. We want to attract more talented authors with their own style to the industry,” Depositphotos said in a press release, citing Serheyev.
Depositphotos is an international photo bank, a commercial platform for authors and buyers of stock photos, vector graphics and video clips. The company is working with clients in 192 countries from offices in Kyiv, New York, London, Berlin, Milan, Moscow and Warsaw.
The company was founded in 2009 by businessman Serheyev. In 2016, the company was estimated at over $80 million.
