Many Ukrainian startups continue to operate despite damage to critical infrastructure in the country.
- While Russia’s invasion has severely damaged Ukraine’s economy, with estimates that it could shrink up to 35% this year, many tech startups in the country are doing everything they can to keep their businesses operating.
- It hasn’t been easy. Thirty-year-old Oleksandar Shubin, who comes from Kharkiv, one of the most heavily bombed cities in the country, has been keeping his startup running during the nine months of the war.
- “During the early hostilities, our work slowed down a good bit, because we had to ensure maximum safety for our employees and their families,” Shubin, the founder and CEO of software development company SDA, tells ZDNET. “Some of them were forced to evacuate, but others remained in dangerous areas. Nevertheless, we did not stop working and some of our colleagues are even working from basements and shelters,” he says.
- During the last few weeks, Russia has been also targeting critical infrastructure in the Ukraine, which is an additional challenge for tech companies in the country.
Read more via ZDNet
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