Ukraine is an emerging free market, with a gross domestic product that has experienced rapid growth in recent years
Western-oriented government policies encourage partnership and close business ties with US and EU companies
In 2008 Ukraine joined the World Trade Organization
Ukraine now has the potential to be one of the region’s leaders in volume of foreign direct investment and portfolio investment
In 2007 Ukraine had the highest IT industry growth rate among Central and Eastern European countries. Ukrainian IT market ranked fourth after Russia, Poland and the Czech Republic, with almost 40 percent growth and over $3,4 billion in volume, accordingly to IDC survey
The USA, Germany, Poland, the UK, Japan, China, Russia are the main trade partners of Ukraine
In 2007 the Ukrainian Parliament adopted the law “On the Foundations of the Development of Ukrainian Information Society in 2007-2015”. The goal of the law is to promote growth of information society in Ukraine, strengthening the basis of IT sector development.
One of the most comprehensive law on law on Intellectual property and copyright protection in the world
Non-residents at the territory of Ukraine may perform activities only through their own representative offices
Government Support and Legal Aspects of Business in Ukraine
Overview of IT Outsourcing Industry in Ukraine
Key Outsourcing Centers in Ukraine 75 80 4 1.8 Odessa 65 70 14 Other 75 80 8 2.0 Dnipropetrovsk 6 5 75 11 1.3 Lviv 8 0 85 20 2.5 Kharkiv 100 100 42 4.0 Kyiv Property price level relative to Kyiv, % Average salary relative to Kyiv, % Part of outsourcing industry resources, (mostly IT), % Population, millions City
Average Rates of Ukrainian Companies 25-30 27-32 more than 5 Project manager 25-30 27-32 more than 5 Team leader 20-25 22-27 more than 5 Sr Software Java Engineer 16-20 18-22 from 3 to 5 Software Java Engineer 12-16 14-18 to 3 Junior Java developer Rate on long project, (> 3 month), $USA Rate on short project, (< 3 month), $USA Experience ( years ) Type of specialists
NET Technology Center WEB100 – the Ukrainian software development company that provides offshore outsourcing services and deals with the development of IT solutions for B2B communications and business solutions based on Social Media technologies.
NET Technology Center WEB100 is an active member of Ukrainian HI-TECH Initiative since 2003.