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.
President Volodymyr Zelensky said Ukrainian intelligence had obtained Russian internal documents showing the volumes of weapons Russia is preparing to produce next year and the funding allocated for them.
The plant, located in the city of Azov, is part of Russia’s Tactical Missiles Corporation and produces opto-mechanical and optoelectronic equipment, as well as electronic systems for artillery, missile, and anti-tank weapons.
Novynskyi received citizenship through a provision allowing Serbia to naturalize a foreign national under an expedited procedure when authorities determine that doing so is in the country’s interest.
The sanctions package includes 44 individuals "who act in Russia's interests and facilitate the occupation of parts of Donetsk, Luhansk, Kherson, and Zaporizhzhia oblasts, as well as Crimea and Sevastopol," the statement said.
The arson attack took place in Munich on Sept. 3, when several incendiary devices were thrown from a passing car onto a construction site near the headquarters of Rohde & Schwarz and Helsing.
The capital has been under near-continuous Russian attack for a second consecutive day. During the night and morning of Sept. 26 alone, air raid alerts were issued five times, some lasting several hours.
Ukraine's Unmanned Systems Forces said the strike on the oil refinery, located approximately 400 kilometers (250 miles) from where the Ukrainian drones were launched, was carried out by the 1st Separate Center of the Unmanned Systems Forces and the 414th Separate Brigade, known as "Madyar's Birds," along with other Ukrainian military units.
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