Belarus wants to be a link between the European Union and the Eurasian Economic Union. It is using its geographic location and economic advantages to attract more foreign investors. One of the key advantages is its pool of young specialists.
Sergei Popkov, Belarusian minister of Communications and Informatisation, spoke to Nikodem Chinowski. They discussed the government’s priorities for the implementation of internet solutions to business and the rapid dissemination of internet access among young Belarusians. Continue reading “e-Belarus”: Embracing the Internet and its Possibilities
The Belarusian economy is expected to grow by 0.7 per cent in 2017, says the outlook from FocusEconomics Consensus Forecast Belarus — November 2016. That growth will help GDP to slightly exceed the 2014 per capita figure of $7,048, by 2020. Continue reading Belarus’ Economy Is Slowly Recovering From Past Declines
On October 24, Emerging Europe and the EBRD co-hosted the EBRD Emerging Europe Outlook on Belarus conference in London.
On November 30 we will put the spotlight exclusively on the IT outsourcing industry.
In 2016 the European Outsourcing Association shortlisted Belarus as “Outsourcing Destination of the Year”.
In partnership with the Global Sourcing Association (GSA) we are hosting a networking seminar to bring together leading Belarusian IT companies, industry experts and decision makers and influencers from buyers of sourcing services. Continue reading Join our networking seminar in London on November 30
The current uncertainty which was caused by an increasingly right wing rhetoric from the UK government, has done little to quell the UK’s fears of finding ourselves out in the cold, on the world market stage, after Article 50 is finally triggered and the two-year negotiation period expires. However, we would be remiss not to appreciate the opportunities that the current situation offers. Continue reading UK Shores: the New Frontier, a View on a Series of Fortunate Events
This year, Belarus was shortlisted as a top outsourcing destination of 2016, by the UK-based Global Sourcing Association (GSA). The country was also included in the Top 30 Locations for Offshore Services by Gartner. These two successes prove that Belarus has a great potential to becoming a leading IT outsourcing destination — according to Uniter’s IT Industry in Belarus 2016 report, more than 90 per cent of Belarusian companies out of almost existing 1,000 firms, developed customised software, in 2015. Continue reading Belarusian Tech Companies Lead a Global Technological Advance in Outsourcing and Product Development
Hi-Tech Park (HTP) Belarus was set up a decade ago and today, it is home to 164 IT companies whose total revenues are approaching $1 billion. Apps developed by HTP residents are used by almost 1 billion people in 193 countries across the globe.
Dr Valery Tsepkalo, director of HTP, spoke to Andrew Wrobel about the park’s growth within the first decade, as well as its residents and the fast-developing Belarusian IT sector. Continue reading HTP: Belarus’ Engineers Are Leading a Cool Revolution
Increasingly, more young Belarusians are choosing a career in the IT sector. In 2010, some 20,000 people had a job in the industry and that number grew to 36,000 in 2015, according to the Belarusian National Statistical Committee. Out of those, 25,000 software engineers work in companies that are residents of High Tech Park Belarus (HTP). Continue reading Young Well-Paid IT Specialists Are Making Belarus Known Internationally
It is common knowledge that the German market for IT services is suffering from a severe shortage of IT skills. While the economy is thriving and order books are full across the production and service sectors, there’s a cap on growth in the IT industry – there are simply not enough people to fulfil all the orders. Since the IT industry is characterised by a high intensity of labour, the lack of developers, project managers, quality assurance professionals and consultants is having a severe impact. Continue reading Outsourcing in Germany: Stop Talking at and Start Talking to
The European Outsourcing Association has just announced its shortlist for the Outsourcing Destination of the Year 2016 and one of the countries on the shortlist is Belarus. Continue reading Belarus Is One of the Top Outsourcing Destinations of 2016
The National Statistical Committee’s recent data on science and innovation in Belarus is rather disappointing. The number of applications for patents fell from 1933 in 2010 to a mere 691 in 2015. Continue reading Falling Student Numbers and Declining R&D Result From Lack of Funds
Although there is a lot of tech talent in Belarus and the start-up ecosystem is blossoming, when it comes to venture firms and angels’ groups there is a huge gap between talents and available funds. Continue reading Belarus Is Ready to Begin With Venture Capital Investments
At the beginning of July, the Russian media reported on the success of two Belarusian programmers. Gennady Korotkevich and Adam Bardashevich, both students at the St Petersburg ITMO University, teamed up to win $16,000 in the finals of the VK Cup 2016. This event is widely regarded as the biggest competitive programming competition in the Russian-speaking world. Continue reading Why Is Belarus Tech Booming?
The Belarusian economy has still to be discovered by many potential investors, but it is worth the effort. For one reason or another, the prevailing public perception, in the West, is somewhat prejudiced towards what is happening in Belarus. However, those business people and investors, who are ready to overcome prejudices and an unjustified bad image, may be truly rewarded for their efforts. Continue reading Innovation Brings Great Opportunities to the Belarusian Economy