EPAM Ukraine

History

2022: Ukraine has become the largest EPAM region in terms of the number of developers. The company announced the readiness of local offices for emergency situations

In 2021, the Ukrainian EPAM team became the company's largest in terms of the number of production specialists, taking over the palm from Belarus. This follows from the EPAM Q4 and full year 2021 financial statement published in February^[1]. In 2021, the number of these specialists in Ukrainian offices reached 12,389 people, an increase of almost 36%. In Ukraine, EPAM is also the largest IT company, according to local ratings.

Production personnel account for about 90% of all EPAM employees. In 2021, in all the main locations of the company, its number increased, with the exception of Belarus, which a year earlier was the largest team with 9,638 production personnel. In 2021, this team was reduced to 9,416 people.

The Russian office is in third place in terms of the number of production employees in 2021 - 8,933 people with an increase of about 40%.

Dynamics of EPAM production personnel by region in 2020-2021, data based on the company's financial release

According to the Ukrainian website EPAM, the company in this country has offices in Kyiv, Lviv, Kharkov, Dnipro, Vinnitsa, Ivano-Frankivsk, Odessa, Zaporozhye, Khmelnitsky, Chernivtsi, Nikolaev, as well as remote cooperation throughout Ukraine. And in early February 2022, the Ukrainian EPAM announced plans to open another office in Rivne. Some of these locations as of February 25 became "hot" points due to the Russian military operation.

EPAM was unable to promptly comment on TAdviser what was happening in the company's offices on February 24 and 25, when the actions of the Russian military in Ukraine gained momentum, and how this affected its work.

The Belarusian portal about IT Dev.by collects information about the plans of IT companies against the background of hostilities in Ukraine^[2]. On February 24, the portal quoted two EPAM employees as saying that they did not know anything about the company's plans, one that "the company was planning/preparing an evacuation, we were waiting for information."

Dev.by also cites comments from his bot in Telegram:

I am in Kyiv. [...] I work at the ERAM - they advise you to stay at home whenever possible. We packed our bags in the morning, there are supplies of food and water. We are considering how we will go to Poland.

EPAM Ukraine not give official comments. The main message is stay calm.

Another employee wrote the following:

Quoting HR: "So far we have set up collection points in [the city], then as soon as the opportunity arises we will make every effort to take our staff to safety. We are already looking for locations in Poland that will allow all evacuees to be accommodated. Project teams and customers are notified of the situation.

A week before the large-scale military operation in Ukraine began, the top management of EPAM held a conference call with analysts dedicated to the quarterly and annual results of^[3] During it, CEO, President and Chairman of the Board of Directors of EPAM Arkady Dobkin cited data that at the moment in Ukraine the company already has about 13 thousand production employees. At that time, the company was operating as usual.

Dobkin noted that since 2014-2015. active operations are underway on the border with Ukraine in disputed territories, and since then military operations have been observed there. There have been escalations there for 8 years, but they haven't been covered as widely as they are now, the head of EPAM says. And for all this time, these events did not affect the company.

For 8 years from the beginning of the tension in the region, we have done a lot to be ready and independent of the local infrastructure in any project, "the head of EPAM emphasized.

He added that the company has many development centers on the territory of Ukraine, and there are plans for how to move employees from one center to another and move them further from the border if necessary.

Jason Peterson, Senior Vice President, Chief Financial Officer and Treasurer of EPAM, also explained during the same conference call that the company has significantly increased the number of production personnel in regions outside Ukraine, Belarus and Russia, including India and Latin America.

The idea is that we are becoming an increasingly global company, we are becoming larger, and we need a wider pool of people. And at the same time, diversification has advantages in terms of risks, "said Peterson.

2021: Epam bought a business center in Kyiv

The Antimonopoly Committee of Ukraine at the end of July 2021 allowed Epam to buy a shopping and office center in Kyiv, located at: st. Korolenkovskaya, 4.

This building houses catering establishments, entertainment and recreational areas, as well as parking. How much Epam cost to acquire this complex is not specified.

The seller of the asset was SBI Group LLC. According to the YouControl service, SBI Group was created in 2017, its main activity is the organization of building construction. The authorized capital of the company is UAH 311.4 million, its founders are TRK Invest LLC (70%) and Service Trust LLC (30%).

Epam acquired a business center in Kyiv

As noted in Epam, the company will continue to expand its presence in Ukraine, creating new opportunities for training and development.

This is cooperation with the company in regular and remote formats within the Epam Anywhere program, training of young specialists at Epam University training programs, opportunities for career and professional development at the global level, the company told the publication dev.ua.

By the beginning of August 2021, the company has representative offices in Kyiv, Kharkov, Dnipro, Lviv and Vinnitsa, and the opening of new offices in Ivano-Frankivsk and Odessa is also being prepared.

Earlier, Epam bought the Clover Park business center in Belarus, which was built by the Israeli company Fishman Group. The final amount of the transaction was not disclosed, but initially in the documents published on the single portal of the financial market, it was about $18.9 million. These documents stated that Epam planned to conclude a sale and purchase agreement with Devinvest. The purchase of this business center at Epam was attributed to the expansion of the staff and, as a result, the need for new office space. Probably, for the same purpose, a shopping and office center in Kyiv was acquired.^[4]

2020: The Ukrainian office of Epam became the first IT company in the country with a staff of 10 thousand people

By January 2021, the number of employees of the Ukrainian subsidiary Epam amounted to 10,300 people, which is the highest rate among IT companies in the country. This is evidenced by the rating of the DOU edition.

For six months, EPAM Ukraine hired about 2 thousand employees, showing the highest staff growth rates in the Ukrainian IT market.

As the publication was told in EPAM, in 2020 the company began to cooperate with a number of new large clients, including from the sphere. health care In addition, EPAM began working with specialists throughout - To Ukraine even in places where there are no official representative offices of the company.

The Ukrainian office of Epam became the first IT company in Ukraine with a staff of 10 thousand people

In addition, as reported in Epam, the company launched the Anywhere platform, designed to quickly select projects for specialists who prefer flexible formats of cooperation. The pace of attracting new talents to EPAM Ukraine in the second half of the year is record for both the Ukrainian branch for its entire existence and for the entire company.

The three Ukrainian IT companies with the largest number of personnel by January 2021 included SoftServe (7900 people) and GlobalLogic (5712), which in six months increased their staff by 500 and 900 people, respectively.

The rapid growth in SoftServe is explained by the recovery of customer business activity and a number of global factors that led to new customers in Ukrainian IT.

GlobalLogic explains that over the past six months by January 2021, growth has occurred both due to the start of projects with new clients and due to the expansion of many current projects.

For the first time, the Techiia holding (27th place) and the Jooble grocery company (47th place) were included in the rating. And Grid Dynamics Group took 23rd place.

The study also notes that over the past almost 10 years, the number of specialists in the 5 largest IT companies in Ukraine has grown from 9 to 30,000. There were no changes in the arrangement of the top 5.^{[5] [6]}

Notes