UKRAINIAN IT SECTOR

TIMES OF ISRAEL: What do the USA, Israel and Ukraine have in common?

The estimated Israeli investment into running engineering departments in Ukraine reached over USD 40 million in 2018

Alexey Chalimov
Tuesday, 12 November 2019 13:12

Despite being geographically and culturally remote, the USA, China and Ukraine have formed some of the most advantageous partnerships of the last decade. How come that Ukraine became a “skills pool” of the second Silicon Valley and what is the impact Israeli businesses have had on the Ukrainian IT industry.

Israei and Ukraine have always been closely interrelated due to a number of historical and ethnic factors. A number of major Israeli companies have chosen Ukraine as their preferred location for R&D activities. Some prominent examples of the latter include Wix, which was among the pioneers opening its first R&D center in Ukraine 10 years ago; as well as Plarium and Playtika, both having over 50% of their engineering workforce located in Ukraine. Look at the story of SimilarWeb: they managed to solve their HR problem within a month by outsourcing development to Ukrainian engineers.

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