News Feed

Friday, March 31

5:26 AM

ISW: Putin unlikely to deploy troops from routine spring conscription cycle to Ukraine. Russian President Vladimir Putin signed a decree on March 30 calling 147,000 citizens up for statutory military service. The Institute for the Study of War said in their update that the new conscripts will not increase Russian combat power in the short term.

4:05 AM

Pentagon: Ukrainian soldiers complete Patriot missile training. Pentagon spokesperson Patrick Ryder said on March 30 that 65 Ukrainian soldiers completed training on Patriot air defense systems at Fort Sill, Oklahoma, and returned to Europe.

Friday, March 31

2:17 AM

War analysis

Can Russia afford to commit to a years-long war?

2:08 AM

Turkey ratifies Finland’s NATO bid. Turkey’s parliament voted in favor of Finland’s NATO accession on March 30. Turkey was the last country in the military alliance to approve the bid, clearing the way for Finland to become a NATO member.

1:00 AM

Russian forces attack 3 communities in Sumy Oblast, injuring 1. Russian forces attacked Krasnopillia, Bilopillia, and Seredyno-Buda, the Sumy Oblast Military Administration reported on March 30.

10:51 PM

War update

Ukraine war latest: Bakhmut is 'slaughter-fest for Russians,' says top US general.

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Tech

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German-based tech company Avenga buys Ukrainian outsourcer Perfectial

by Daryna Antoniuk November 25, 2021 3:47 AM 1 min read

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

Tech reporter

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.

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