Software Development in Ukraine, Poland, Belarus and Romania report

We are glad to share with you the first ever Software Development in Ukraine, Poland, Belarus and Romania report issued by AVentures Capital, Aventis Capital, and Capital Times, the local investment leaders.

The four countries of the CEE region can fill that gap on a global level. While Ukraine, Belarus, Poland, and Romania each present a fraction of the Chinese or Indian software development market, the four countries make up an enormously competitive hot spot exporting $13 billion worth of services in 2018.

Today, the above-mentioned four countries house over 200 universities and colleges graduating over 60 thousand IT specialists per annum. Overall, more than 700 thousand professionals form the regional competing force serving 470+ Software Development companies with 50+ employees each.


Coupled with superior profitability, this makes the sector a hot spot in M&A activity. The region had over 70 M&A transactions in the past 4 years, spanning 2015 through 2018.