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9.1.7 TMT sector news
Ukraine’s creative industries have lost $3bn, accounting for 2% of GDP, due to the coronavirus (COVID-19) epidemic and the quarantine measures introduced in the country, the country's senior official announced on November 19. "What are the quarantine’s consequences in terms of the creative economy? $3bn, accounting for 2% of GDP, and 300,000 jobs have been lost. If we continue in the same way, the prospects look bleak: 10% of GDP loss or one third of people who will lose their jobs," Minister of Culture and Information Policy of Ukraine Oleksandr Tkachenko was quoted as saying by Ukrinform at the Creative Ukraine 4th annual international forum. He added that public investment, which was attracted to the creative industries, was currently being lost and wasted because there is no audience. "If we continue to move in this direction, the state will come to nowhere, wasting taxpayers' money," Tkachenko stressed. According to the minister, the state should focus on development, on grants for institutional support for creative industries.
Ukrainian food delivery service Raketa appeared among Europe’s top 10 most downloaded food delivery mobile applications in 2020, reports Sensor Tower. Raketa ranks first in Ukraine's AppStore followed by Baltic Bolt Food, which rolled out a few weeks ago in Ukraine. Raketa launched its services in 2018 and broadened its presence in 26 Ukrainian cities during the quarantine period. The company plans to expand its services in 10 new countries in 2021. With the global pandemic unfolding in 2020, Ukraine’s food delivery market has seen significant growth. Ukraine provides a huge room for growth in e-commerce and online delivery services as many companies have been experiencing an increase in the number of orders.
Ukraine’s IT companies posted 6,000 vacancies in September, a record figure for the last three years, according to a study by GlobalLogic. “The IT market began to recover,” Denis Balatsko, vice president of GlobalLogic, told Tech.Liga.Net news site. “GlobalLogic alone opened more than 600 positions in Ukraine in September.” In the last two months, an estimated 2,000 Belarusians fled police violence at home and took jobs in Ukraine.
Ukrainian cell phone operators will lose up to $35mn this year due to the loss of roaming revenue stemming from the corona-era drop in travel, Olha Ustynova, director general of Vodafone Ukraine, tells Interfax-Ukraine. The data portion of revenue increased to 60%, from 50% one year ago, said the director of Ukraine’s second largest mobile company. Previously, talk was the revenue mainstay.
Responding to the pandemic, 39% of Ukrainian CEOs polled by KPMG have accelerated digitalization of their business, and 42% plan to reduce office space, according to a new study for the international accounting and consulting firm. Of 74 surveyed managers, 30% indicated that their investment in digitalization put the companies ahead for years to come.
Creating a digital enclave economy, Ukraine plans to more than triple the IT share of Ukraine’s GDP, from 3% today to 10% by the end of Zelenskiy’s term, in 2024, Mikhail Fedorov, Digital Transformation Minister, told reporters Tuesday. The goal is to more than double the number of Ukraine’s IT workers, from 200,000 today, to 450,000 in 2024. To get there, the government submitted bills to the Rada Monday that will create a virtual
65 UKRAINE Country Report December 2020 www.intellinews.com