Business news from Ukraine

PM GROYSMAN: GROWTH OF IT SECTOR IN UKRAINE IN 2017 IS 20%

24 April , 2018  

Ukrainian Prime Minister Volodymyr Groysman has said that the growth of the IT sector in Ukraine last year was 20%. He said that the similar growth is planned for this year. “In 2017, the IT industry brought $3.6 billion of export revenue to the country. The share of the IT sector of the country’s GDP is around 3.4%. As of early 2018, over 120,000 employees and engineers worked in the sector, and their number is permanently growing,” he wrote on Twitter on Tuesday. He also said that in May it is planned to hold a new ‘deregulation’ meeting of the Cabinet of Ministers: “We will continue annulling piles of unnecessary regulations and approve the required decisions, first of all, for the IT sector.”

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