Avenga announced the deal on Nov. 25. The company didn’t disclose how much it paid, however, Forbes Ukraine reported that Ukrainian investors estimated the purchase at nearly $20 million.
This is Avenga’s second acquisition in Ukraine. Close to 700 of Avenga’s 3,000 tech specialists work in Ukraine.
Perfectial employs nearly 500 people. It generated $1.1 million in revenue last year and posted a $70,000 profit.
Ukraine has a growing tech industry with over 200,000 highly-skilled tech specialists who earn half as much as their counterparts in Germany or the U.S.
Daryna Antoniuk is a tech reporter at the Kyiv Independent. She worked in the same role at the Kyiv Post and has focused on Ukrainian startups, investment and the fintech market. Antoniuk previously was a tech reporter for Forbes Ukraine. Her work has also been published at Sifted and The Record. She graduated from Taras Shevchenko National University in Kyiv with BA in journalism and communications.
Rescue operations are still underway as authorities search for 26 people believed to be trapped under the rubble of a destroyed apartment building in Ternopil, western Ukraine.
The Kyiv Independent’s Oleksiy Sorokin sits down with Daria Kaleniuk, executive director of Ukraine’s Anti-Corruption Action Center, to discuss Ukraine’s biggest wartime corruption scandal, which involves people from President Volodymyr Zelensky's circle and several government officials.
Russian forces in Pokrovsk are operating like sabotage and reconnaissance groups and complicating Ukraine's defense efforts by dressing as civilians, the commander of the 68th Jaeger Brigade, codenamed "Liutyi," told Suspilne on Nov. 19.
Halushchenko is being investigated by the National Anti-Corruption Bureau (NABU) as part of the Energoatom case, the biggest corruption investigation during Zelensky's presidency. Eight suspects have also been charged, and Timur Mindich, a close associate of President Volodymyr Zelensky, is allegedly the ringleader.
Russian FPV drones are turning front-line towns on the Dnipro’s right bank into “no right to life” zones, a Truth Hounds report finds, documenting rising civilian deaths in Kherson and Nikopol.
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