Ukrainian IT companies donated 24.5 million dollars during the first 10 days of the war

Ukrainian IT companies donated 24.5 million dollars

Ukraine's IT industry, being the third-largest in the country's export earnings, continues to operate and financially supports the Armed Forces of Ukraine and the state as a whole.

According to IT Ukraine Association, only during the first 10 days of the war Ukrainian IT companies
donated *:

  • USD 12.1 million for humanitarian purposes;
  • USD 6.1 million to the Armed Forces;
  • and paid USD 6.3 million of taxes in advance.

Ukraine's IT industry has demonstrated great resilience and adaptivity in these extreme conditions thanks to the Business Continuation Plans, developed long before. For the IT industry, people are the top priority, consequently, companies spend millions of dollars and make huge efforts to support the army and humanitarian projects. IT specialists with military experience and skills have joined the Armed Forces of Ukraine and the territorial defense units. The rest, thousands of experts, are fighting Russia on the cyber front, fulfilling their work duties and ensuring the currency to the state budget. This way everyone contributes to our victory,

said Konstantin Vasuk, executive director of the IT Ukraine Association.

In addition to financial donations, IT companies support numerous volunteer initiatives, including international fundraising, supplying of medical, protective, and computer equipment for territorial defense units, doctors support, creation of online platforms for volunteers, etc.

* according to a survey of members of the IT Ukraine Association, the largest professional association of Ukrainian IT service and product companies in Ukraine, that collectively account for 50% of all export earnings of the IT industry in Ukraine and unite 27% of Ukrainian IT professionals.