Business news from Ukraine


2 October , 2017  

KYIV. Oct 2 (Interfax-Ukraine) – The volume of exports of computer and information services from Ukraine in January-June 2017 increased by 18.3%, to $1.256 billion compared with the same period in 2016.
According to the press service of the European Business Association (EBA), thus, in terms of export earnings growth in the first half of the year, the IT industry ranked third in the export structure. At the same time, the volume of tax revenues from the IT sector to the national budget grew by 32.9% against the similar figure of last year and amounted to UAH 3.69 million.
“In the first half of 2017, the industry of information and computer services in Ukraine continues to show a steady and stable growth in terms of exports of high-tech solutions and tax revenues to the budget,” a statement reads.
The growth in the main indicators of the IT sector is primarily due to a 7% rise in the number of specialists in the top 50 largest players in the industry (according to the portal) in January-June 2017, the adoption of bill No. 4496 on simplification of exports of services at the end of 2016 and a relative political and legislative stability in the country.
“At present the IT industry is a driver of the growth of the Ukrainian economy and a component of the promotion of our state as a high-tech country in the international arena. Starting from 2013, the industry demonstrates a stable growth in exports and in the first half of this year it ranked third in terms of growth in foreign currency earnings,” Executive Director of the EBA IT Committee Kostiantyn Vasiuk said.