Page 64 - UKRRptDec21

9.1.7 TMT sector news
Ukraine was named the best IT outsourcing destination in Eastern Europe. The ranking of first among Eastern European countries in terms of attractiveness for IT outsourcing. The country was also named the No1 IT offshore destination in Eastern Europe, and the best in the world for hiring programmers. Competing against Croatia, Romania, Belarus, Bulgaria, the Czech Republic, Hungary, and Poland, Ukraine was able to deliver the most competitive cost of software development in the region. The cost of which averages between $30-60, in comparison with Poland at $ 45-69, said epravda.
Rozetka the leading Ukrainian online marketplace, will expand to Uzbekistan. The company plans to develop networks in the regions of Uzbekistan, and is also developing a cross-board model that will make it possible to sell goods from the Ukrainian website to Uzbek customers and vice versa, said Vladyslav Chechotkin, the founder and co-owner of Rozetka.ua.
“Ukraine Wants to be The Crypto Capital of the World” headlines a front page business section story in yesterday’s The New York Times. Reported from Kyiv, the 3,000-word story explores the consequences of the Rada legalizing and regulating Bitcoin two months ago. “The big idea is to become one of the top jurisdictions in the world for crypto companies,” Alexander Bornyakov, deputy minister at the Digital Transformation Ministry, tells the Times reporters. “We believe this is the new economy, this is the future and we believe this is something that is going to boost our economy.”
64 UKRAINE Country Report December 2021 www.intellinews.com