A Memorandum of Understanding has been signed between BCS and the IT Ukraine Association as
the tech industry continues to be one of the few sectors to thrive in Ukraine.
The latest figures from the IT Ukraine Association show the tech industry continues to grow and maintain its position as a major IT powerhouse in Europe. Despite the conflict, the country’s computer services industry generated US$5.5 billion in exports so far this year, up by almost 13 per cent on the previous year, with exports to the UK second after the USA. Overall, the industry’s turnover was US$6.8 billion in 2021.
The two organisations signed the MoU at a joint event at the BCS London office, attended by Ukraine’s Ambassador to the UK, Vadim Prystaiko, the IT Ukraine Association’s Executive Director, Konstantin Vasyuk and BCS CEO, Rashik Parmar.
The Ukrainian Ambassador, who holds a computer science degree, said the signing of the MoU was an important step as it went beyond “natural sympathy” for the plight of the people of Ukraine.
“We want companies to understand their support isn’t only about coming to us out of the kindness of their hearts, but also because we have something to bring to UK firms and their stakeholders – our expertise,” Mr Prystaiko said.