Business news from Ukraine

AJAX SYSTEMS WANTS TO JOIN DIIA.CITY

Ukrainian developer and manufacturer of security systems Ajax Systems (Kyiv) has applied for residency in Diia.City, Deputy Prime Minister, Minister of Digital Transformation Mykhailo Fedorov has said.
“Their product is one of the most high-tech in the world. Since its founding in 2011, the company has managed to grow 100 times, attract over $10 million in investments, and also get into the list of Ukrainian companies preparing for an IPO,” he wrote on his Telegram channel last week.
Fedorov also said that if in 2011 95% of the market was occupied by wired systems, then in 2021 about 70-80% belongs to wireless solutions, and Ajax itself occupies a leading position in this segment. Today, the company’s devices protect more than 1 million users in more than 120 countries around the world.
“It’s great that all the company’s products are developed and manufactured in Ukraine. Capacities include R&D offices in Kharkiv, Kyiv and Vinnytsia, as well as two factories in Kyiv,” he added.
As reported by Fedorov, as of February 10, a total of 44 companies have already applied for residency in Diia.City.

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MANUFACTURER OF PROFESSIONAL SECURITY SYSTEMS AJAX OPENS SECOND PLANT IN KYIV

Ajax Systems, a manufacturer of professional security systems in Ukraine, has opened a second plant in Kyiv on the territory of the former Kyiv Radio Plant and plans to switch its employees to 24/7 working hours.
According to the company’s website, the area of the premises is 1,865 square meters.
“Next year we plan to double the business, for this we need another production site. We decided to open it in Boryspilska Street, where a large production cluster already exists. This location will also allow us to attract more employees from the Left Bank of Kyiv and build a large production facility team faster,” CEO of Ajax Systems Oleksandr Konotopsky said.
Ajax Systems plans to recruit 150 people in 2020 for the new facility. Next year it is planned to create up to 1,000 jobs.
The company also said that the new plant is now focused on the production of DoorProtect and DoorProtect Plus sensors, but in the future both Ajax enterprises will duplicate each other in design and manufacture the entire product line.
“Now in Boryspilska Street we have launched 24/7 testing, arrangement and assembly, quality control and packaging. In the future, we plan to transfer all sites to the 24/7 schedule,” Director of Production at Ajax Systems Bohdan Demchyshyn said.

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