The war turned Lviv into the largest IT hub in Ukraine as mass relocation has caused $40 million losses for the industry
Lviv and the region has become the main relocation destination for Ukrainian technology companies. Before the war, the city was the third IT center of Ukraine after Kyiv and Kharkiv, with around 30,000 IT specialists. Now Lviv has become its IT capital.
According to Lviv IT Cluster’s estimates, Ukrainian IT companies have spent at least $30-40 million on moving to Lviv alone. Companies were relocating also to cities of Uzhhorod and Ivano-Frankivsk.
Meanwhile, IT has been of the few industries that has successfully stayed afloat in the wartime economy. As of the beginning of March, 98% of the IT companies were still in business, about 42% had the same workload, and one in fifteen received even more orders.
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