IT Ukraine Association

As part of the General Meeting of the #ITUkraineAssociation, the composition of the ITU Council of Representatives for 2025-2026 was presented, adopted with 92.5% support: Representing companies with over 3,000 specialists:  🧔🏼♂️ Yuriy Antoniuk (EPAM Systems) 👩🏻 Anna Shcherbakova (GlobalLogic) 🧑🏻 Olena Samborska (Luxoft) 👴🏻 Taras Kytsmey (SoftServe) Representing companies with 1,200 to 3,000 specialists: 👨🏻🦲 Vitaly Nuzhny (Ciklum) 👨🏻 Vitaly Sedler (Intellias) 🧔🏻♂️ Sviatoslav Kavetskyi, LL.M (N-iX) 👱🏼♂️ Valery Krasovsky (Sigma Software Group) 👩🏻 Yaroslava Tverska (SupportYourApp) Representing companies with 200 to 1,200 specialists:  🧔🏻♂️ Oleksandr Medovoy (AltexSoft) 👱🏻♂️ Taras Tymoshchuk (Geniusee - Custom Software Product Development) 👨🏻 Dmytro Gryn (Jooble) 👨🏻🦳 Sergii Shumygora (Wargaming) Representatives companies with up to 200 specialists:  🧔🏻♂️ Dr. Yegor Aushev (Cyber Unit Technologies - CyberUnit.Tech) 🧔🏼♂️ Ihor Polych (Devlight) 👩🏻 Anna Tyshchenko (JEVERA) 👩🏻 Julia Fedosyuk (UAPAY)

As part of the #ITUkraineAssociation General Meeting, the results of the election campaign of the ITU Board for 2025-2026 were announced: 👨🏻 Taras Kytsmey (Co-founder & Board Member SoftServe) — newly elected as President of the IT Ukraine Association — replacing Olena Samborska (Managing Director/HR Operations Director Ukraine, Luxoft) 👨🏻 Oleksiy Uros (Director of Business Development at Asters) — re-elected as Vice President on Legal Affairs of the IT Ukraine Association. 👨🏻 Denys Grynov  (Head of EPAM Campus in Ukraine) –- re-elected as Vice President on Educational issues of the IT Ukraine Association. 👨🏻 Andrey Kashperuk (Deputy Chairman of the Board for Retail Business of UKRSIBBANK BNP Paribas Group) — elected as Vice President on Small and Medium Business issues of the IT Ukraine Association — replacing Lyubov Danilova (Payoneer Україна Country Manager). 👨🏻 Ihor Polych (CEO Devlight) — re-elected as Vice President on International Cooperation of the IT Ukraine Association. 👩🏻 Tetyana Laduba (Global Employer Branding Director, Ciklum) — newly elected as Vice President on PR issues of the IT Ukraine Association — replacing Nina Vasylova (Director of Corporate Communications EPAM Systems). Details coming soon! 👨🏻 Konstantin Magaletskyi 🇺🇦🇺🇦🇺🇦 (ex-partner of Horizon Capital, Co-founder of Ukraine Recovery Fund, Angel Investor) — re-elected as Vice President on Partnerships issues of the IT Ukraine. 👩🏻 Maria Shevchuk — re-elected as the Executive Director of the IT Ukraine Association. We extend our thanks and congratulations. Your decisions affect industry decisions!

💎 The annual General Meeting of the IT Ukraine Association took place! We are pleased to welcome 29 new participating companies that joined in the II half of 2024: SupportYourApp, Softbees.dev, FERM, Malyovana Іnsurance, FlexReality, IPTel, HUSPI IT Consulting & Development, Aurora Multimarket, CheckEye, Magefan 🇺🇦, Dataslab , DreamX, RozetkaPay, TwinCore.NET, AgriChain, AmonSul, Gart Solutions, Zapal, Cyber Unit Technologies - CyberUnit.Tech, HOWCOW, UniTalk, Credit Agricole Bank, Stfalcon LLC | Mobile & Web App Development Company, INTBOARD.ua, EdEra, FRENDT, Amrop Ukraine, Sales'Up and Uklon. Congratulations to the 60 companies that have been approved by an official vote within the ITU. We will remind you that in July we welcomed 31 companies: lnkd.in/gSYF9eJC We are grateful to our participants for >96% turnout (0% against and <4% abstained).

The annual ITU General Meeting was held, attended by more than 215 member companies of the Association. At the meeting we: ☑️ presented the results of the first stage of deployment of the network of ITU industrial committees; ☑️ the results of the Election campaign were announced; The Board of IT Ukraine for 2025-2026; ☑️ officially congratulated 60 companies that joined the ITU in 2024. 💬 "The development of innovative technologies in Ukraine is crucial for building a strong and independent state. Despite all the difficulties, we continue to believe in the potential of Ukraine and its future through innovation and technology," — noted Andrey Kashperuk, Deputy Chair of the Board for Retail Business, UKRSIBBANK BNP Paribas Group. 💬 "We sincerely thank our partners for their contributions to the growth of the IT industry in Ukraine. We officially joined the community this year, though we had known each other and worked on projects in the past," — emphasized Oleksii Loginov, Marketing Manager, Mercedes-Benz AG. 💬 "We are grateful to the Association and its members for their support of the industry and the positive impact they have on its development. We believe the intense competition during the elections is a very positive signal—it shows that the industry matters and that its participants are eager to contribute to its growth and representation," — highlighted Artem Skrypnyk, CEO of Favbet Tech. Furthermore, we presented a detailed report from the operations team with key results for 2024 and outlined strategic priorities and ambitious plans for 2025: lnkd.in/geDvurgR 💎 ITU General Meeting 2024 was organized by IT Ukraine Association. Bank partner – UKRSIBBANK BNP Paribas Group. General partner – Favbet Tech. Automotive partner – Mercedes-Benz AG Ukraine. Water partner – VODA UA. Cocktail partner – Jack Daniel’s.

How do investments shape the future of startups? How to build a startup in challenging conditions? How do corporate innovations shape the future? How do banks support innovation and startups? How do associations transform Ukraine's IT landscape? Tomorrow, December 19, at the IDF Annual Meeting 2024, you will find out the answers to these questions and much more. Among the main speakers: 🗣️ Andriy Brodetskyi (analyst at Horizon Capital); 🗣️ Dmytro Dubrovskyi (co-founder of Uklon); 🗣️ Taras Shevchenko (Head of Government Relations at Glovo); 🗣️ Inna Tyutyun (Member of the Board at @Sense Bank). Maria Shevchuk, CEO of IT Ukraine Association, will join the meeting and explain how IT companies help startups find partners, resources, new markets and …What opportunities do vertical committees create for startups? …How do IT associations support the integration of tech teams into global markets? …What the future holds for Ukraine’s IT ecosystem in 2025? 🔗 Learn more about the event: http://surl.li/qazeac 🎫 Registration: lnkd.in/gFfP3HqS

🎓 As the Ukrainian EdTech sector is oriented towards the global market, companies are developing products that can be easily integrated into the educational systems of other countries, which makes them attractive to partners and investors. The IT Ukraine Association presents The Ukrainian EdTech Industry Navigator, an analytics tool that immerses you into the respective vertical of the IT industry of Ukraine: the landscape and mapping of leading companies. Navigators will become valuable guides, a source of inspiration and motivation for cooperation by Ukrainian IT companies. Download: lnkd.in/g9f_rSpc 📄 The navigators were developed by the IT Ukraine Association team in collaboration with the Top Lead agency. The general partner was UKRSIBBANK BNP Paribas Group. 🤝🏻 Special thanks goes to analytical partners Capital Times and Ukrainian Startup Fund, as well as to Compliance Partner Velstadt Cybersecurity for their significant contribution to the project, Legal Advisor Asters and Innovative Partner UNIT.City . We would like to express our gratitude to the experts of the companies participating in the committees, Denys Grynov (Vice President on Educational Issues of the IT Ukraine Association, Head of EPAM Campus in Ukraine), Mykhailo Shubin (CEO FlexReality) and Volodymyr Strashko (CEO, Unicorn School) for their personal meaningful contribution.

🛡️ Ukraine’s cybersecurity market is projected to grow by 50% by 2029. This forecast underscores the resilience of Ukraine’s cybersecurity sector. It also highlights the sector’s potential to contribute to and forge partnerships on the international stage. The IT Ukraine Association presents The Ukrainian CyberTech Industry Navigator, an analytics tool that immerses you into the respective vertical of the IT industry of Ukraine: the landscape and mapping of leading companies. Navigators will become valuable guides, a source of inspiration and motivation for cooperation by Ukrainian IT companies. Download: lnkd.in/gES8KKCg ℹ️ The navigators were developed by the IT Ukraine Association team in collaboration with the Top Lead agency. The general partner was UKRSIBBANK BNP Paribas Group. Special thanks goes to analytical partners Capital Times and Ukrainian Startup Fund, as well as to Compliance Partner Velstadt Cybersecurity for their significant contribution to the project, Legal Advisor Asters and Innovative Partner UNIT.City . We would like to express our gratitude to the expert Cyber Unit Technologies - CyberUnit.Tech, a company member of the committee, Dr. Yegor Aushev (CEO and Co-Founder) for his personal meaningful contribution.

🌾 The Ukrainian AgriTech market is rapidly gaining momentum and attracting international partners and investors, thanks to its fast development and high level of innovation. Ukraine possesses one of the largest areas of arable land globally — over 42 million hectares. This grandness creates vast opportunities to develop precision agriculture, smart agribusiness, and sustainable farming technologies. The IT Ukraine Association presents The Ukrainian AgriTech Industry Navigator, an analytics tool that immerses you into the respective vertical of the IT industry of Ukraine: the landscape and mapping of leading companies. Navigators will become valuable guides, a source of inspiration and motivation for cooperation by Ukrainian IT companies. Download: lnkd.in/g28dEHgs The navigators were developed by the IT Ukraine Association team in collaboration with the Top Lead agency. The general partner was UKRSIBBANK BNP Paribas Group. 🤝🏻 Special thanks goes to analytical partners Capital Times , Ukrainian Startup Fund and Aggeek, as well as to Compliance Partner Velstadt Cybersecurity for their significant contribution to the project, Legal Advisor AVITAR and Innovative Partner UNIT.City . We would like to express our gratitude to the experts of the companies participating in the committees Serhiy Ryzhkov (CEO and Founder PROFEED SYSTEMS), Bohdan Kruglyk (CEO FRENDT) and Stanislav Shum (CEO and Founder Top Lead) for their personal meaningful contribution.

The Ukrainian FinTech segment shows a significant acceleration of growth, distinguished by developed technological competences, competitive pricing policy and a globally oriented approach. The Ukrainian market is growing faster than the world market, which is a key indicator in calculating the prospects and potential of Ukrainian companies. Yes, neobanking has grown 87 times since 2018. The IT Ukraine Association presents The Ukrainian FinTech Industry Navigator, an analytics tool that immerses you into the respective vertical of the IT industry of Ukraine: the landscape and mapping of leading companies. Navigators will become valuable guides, a source of inspiration and motivation for cooperation by Ukrainian IT companies. Download: lnkd.in/gJrrG35R ℹ️ The navigators were developed by the IT Ukraine Association team in collaboration with the Top Lead agency. The general partner was UKRSIBBANK BNP Paribas Group. Special thanks go to analytical partners Capital Times and Ukrainian Startup Fund, as well as to Compliance Partner Velstadt Cybersecurity for their significant contribution to the project, Legal Advisor Juscutum Legal Engineering and Innovative Partner UNIT.City . We would like to express our gratitude to Юлія Федосюк (CEO of the national payment service UAPAY) and Margarita Stotska (CFO RozetkaPay) for their personal meaningful contribution.

On Tuesday, December 10th, the ITU Webinar ‘CFC Reporting 2024: Legislative Changes, Deadlines, and Practical Advice for Businesses’ was held, organised by the IT Ukraine Association in collaboration with #ITUPartner Juscutum Legal Engineering. The speaker of the webinar was Mykola Klymenko, Head of Accounting Support Practice at Juscutum. Among the key points discussed: 🖋️ A CFC is a legal entity registered abroad, which is under the control of a physical or legal person who is a resident of Ukraine; 🖋️ The controlling person is a physical or legal person who is a resident of Ukraine. Their duties towards the state include submitting notifications about changes in the CFC, reporting, and providing information upon additional requests; 🖋️ Reasons for submitting a CFC notification include acquiring or indirectly acquiring a share in the CFC, its liquidation, the commencement of actual control, transferring a share in a foreign legal entity, and changing the share in the capital structure of the controlling person; 🖋️ Adjusted profit refers to the portion of the profit proportional to the share of the controlling person; 🖋️ Forms of CFC reporting include shortened and full reports; 🖋️ Penalties for late or incomplete submission of CFC reports: for non-submission, late submission or failure to notify about changes in the CFC. It’s important to check the accuracy of adjusted profit calculations and use the latest NBU exchange rates for conversion into Ukrainian hryvnias. Gather all necessary documents and submit reports and notifications about changes in the CFC on time. If necessary, consult auditors or specialists to verify your reports. Always submit your reports on time, without waiting for the last day, to avoid fines for delays. For more details, watch the recording: lnkd.in/gKSUNjbQ 📼