DataArt Opens New European Headquarters in Kyiv

Ukrainian Capital Becomes the Fifth R&D Center for custom software development firm, top IT employer in Eastern Europe

NEW YORK – April 20, 2011DataArt, a custom software development firm that builds advanced solutions for select industries, announced the opening of a new development center in Kyiv bringing the total number of employees to more than 600 throughout its offices in North America and Eastern Europe. DataArt’s fifth R&D center, and its third in Ukraine, will become the company’s new European Headquarters.

Kyiv, the largest city in Ukraine and one of the oldest in Eastern Europe, is an important industrial, scientific, educational and cultural center. Its well-developed high-tech sector, top universities and modern infrastructure have long attracted European and U.S. businesses. In addition to its excellent academic and IT landscape, DataArt selected Kyiv due to its cultural affinity with existing DataArt locations and easy access with direct flights from all major U.S. and European cities.

“We’ve had a tremendously successful year making expansion a necessity to our immediate and future growth strategies,” said Michael Zaitsev, Co-Founder and Chairman of DataArt. “Opening in Kyiv is a logical step as it allows us to hire top talent for project management in the capital, while continuing gradual expansion into other Ukrainian cities, where the IT market is not as competitive, in the future.”

The DataArt Kyiv office will become the company’s European headquarters, strategically located in the city center and occupying two floors of a business center with its own state of the art conference facility. Currently with two dozen highly trained project managers and computer engineers, the office focuses on project management of mission critical systems and is headed by George Kremenetsky, a PhD in Computer Science and a former CTO of DMS Consulting.

“DataArt again made the right move at the right time,” said George Kremenetsky. “The company is already well-known in Ukraine, and Kyiv is a recognized IT capital. The fact that DataArt is consistently voted one of the best companies to work for sends a solid message to our clients that our productivity tops competition.”

DataArt has an excellent track record in the region. It was voted a Top Ten Employer in Russia by HR Brand 2010, the best employer in Kharkiv by a leading local business daily, and a top five Ukrainian company to work for by Ukrainian Association of Developers.

DataArt first entered Ukraine in 2007, opening two R&D centers in the cities of Kharkiv and Kherson, currently employing half of the company’s engineers. DataArt’s Russian offices are in St. Petersburg and Voronezh.

About DataArt

DataArt ( is a custom software development firm that builds advanced solutions for the financial services, healthcare, hospitality and other industries. Combining domain knowledge with offshore cost advantages and resource flexibility, DataArt develops industry-defining applications, helping clients optimize time-to-market and minimize software development risks in mission-critical systems. With an unrivaled talent pool of highly skilled software engineers in New York, London, Russia and Ukraine, DataArt provides the technical skill, accountability and industry knowledge needed to deliver custom applications on time and on budget.

DataArt clients include Standard & Poor’s, Harmonic Fund Services, Ogilvy, artnet, Panasonic, Cancer Research, Charles River Laboratories, Betfair, Misys, leading asset management firms and three of the top ten investment banks. http://www.twitter/DataArt

Media Contact:
Vica Vinogradova
+1-212-378-4108 x. 4014

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