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Business and government synergy to officially represent Ukraine at the Web Summit

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For the first time in history, Ukraine will host a pavilion at Web Summit, the world’s largest tech conference. The pavilion will feature startups, IT service companies, foundations, and innovations. The organizers are giving a special presentation within the official Web Summit program along with a Ukrainian dinner. On November 2, some of the country’s best-known companies will be showcasing the Ukrainian technological ecosystem.

Today, Ukraine’s IT industry is booming, growing five times faster (25%) than the global average (4-6%). Here are some impressive numbers:

● 5,000 IT companies
● 250,000 developers
● Five unicorns
● Ukrainian startups raised $2 billion in VC investments in 6 years
● By 2025, the industry is projected to generate $10 billion

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“Ukrainians are known worldwide for their IT skills and creativity. As the government is introducing a special legal framework for IT companies — Diia City — we expect further development of Ukraine as a European hub for innovation and R&D. Ukraine’s participation in Web Summit 2021 became possible thanks to the joint efforts of the Ukrainian government and the private sector,” says Dmytro Senik, Deputy Foreign Minister of Ukraine, Chief Digital Transformation Officer.

The Ukrainian presence was made possible thanks to the combined efforts of the co-organizers — the Ukrainian Startup Fund, the Ministry of Digital Transformation, Ministry of Foreign Affairs, Embassy of Ukraine in Portugal, Sigma Software Group, Ukrainian Hub, Еuropean Business Association, and iplace digital agency — with partners Digital Future, Kyivstar, Parimatch Tech, Rocket, Fondy, Avenga, ISSP, Concord Fintech Solutions, UNIT.City, and IT EDUCATION DEVELOPMENT.

“As an international product company with Ukrainian roots, we support government initiatives to build up and develop technical expertise in the country. Our largest development center, located in Kyiv, monitors the trends in the world of technology and, whenever possible, applies them to our products, thereby raising the level of Ukrainian engineers. We are grateful to our partners and the state for the opportunity to be involved in the demonstration of Ukrainian technical expertise to the whole world,” commented Maksym Liashko, co-CEO of Parimatch Tech.

Parimatch Tech develops the Ukrainian IT market as an employer and organizer of hackathons, international conferences, and projects such as Parimatch Tech Academy — a free educational project where practicing engineers train specialists for the growing Ukrainian IT market. Star students receive job offers from Parimatch Tech or glowing recommendations when applying to other companies.

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Eastern Europe

EveryMatrix opens new eco-friendly HQ in Bucharest as it announces 1,000th employee

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EveryMatrix has officially inaugurated its new development hub, located at the heart of Bucharest, Romania, while also reaching a milestone of 1,000 employees. 

In collaboration with STRABAG Real Estate, construction on the cutting-edge business hub commenced in 2022 with the building now open, providing the tier-1 iGaming supplier’s Bucharest-based team of 400+ staff and growing with a modern, eco-conscious workspace.

EveryMatrix has also surpassed the 1,000-employee mark, just 16 years after it was founded in 2008. The company’s purely organic growth has sky-rocketed in the last four years, with the number of staff increasing by 90%, up from 525 employees in 2020 to 1,000 today. The business announced record profitability in 2023.

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The new office is situated near University Square, the city’s focal point with the central location streamlining commute times, making it easily accessible to employees, clients, and partners.

Equipped with a large in-house gym, spa, pool, garden and state-of-the-art amenities across six dedicated floors, as well as free electric car charging points for all staff to encourage switching from fossil fuelled transport, Arghezi 4 was designed to offer the best working experience and environment, catering to the diverse needs of EveryMatrix’s employees.

Click here for an exclusive glimpse into the office and the benefits and features of the building’s beautifully crafted interiors.

The building meets rigorous LEED V4 Gold green certification using sustainable construction practices to minimise environmental and human health risks. Employing building materials and construction methods that are not harmful to the climate and environment, the new office sets a new standard for corporate and environmental responsibility.

Ebbe Groes, Group CEO, EveryMatrix, said: “Building our own HQ has been very exciting but has equally involved a great deal of work. This is our first purpose-built office here, so its opening, combined with our 1,000th employee represents a special moment in the company’s 16-year history.

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“We are continually investing in the development of the business and its culture for both the well-being of our employees and to futureproof EveryMatrix, and I know from speaking to many of the teams here that it ticks all the boxes for our colleagues’ happiness.”

Marius Iancu, Global Head of HR, EveryMatrix, added: “This building is not just a new office; it also serves as an important part of our talent acquisition strategy from 2024 onwards. Every one of its elements has been designed to position EveryMatrix as an employer of choice and provide our teams with a work-life experience that goes beyond expectations.

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Eastern Europe

SBC Summit Tbilisi 2024 Promises Growth and a Deep-Dive into Eastern Europe & Central Asia

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SBC Summit Tbilisi is poised to reclaim the spotlight on 25-26 June at the Sheraton Grand Tbilisi Metechi Palace, marking its early return after a highly successful inaugural edition in October 2023.

1,500 senior sports betting and iGaming executives will reconvene in the heart of Georgia’s capital, to solidify their foothold in the promising markets of Eastern Europe and Central Asia, while gaining invaluable insights into the nuances that shape industry dynamics.

SBC has once again partnered with SMH to organise SBC Summit Tbilisi, continuing the event’s partnership that began with the SBC Summit CIS in Kyiv in 2021. SMH is an international iGaming and sports management organisation based in Georgia, bringing valuable local knowledge to an event that incorporates unique elements reflective of the vibrant Eastern European and Central Asian markets.

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Lasha Machavariani, Founder and CEO of SMH, said: “I’m thrilled that the SBC Summit Tbilisi is making a comeback to my beautiful home country of Georgia. Witnessing all the engaging conversations and networking that took place last year filled me with pride, affirming that the effort that goes into organising an event of this calibre is absolutely and undoubtedly worthwhile.

“Offering a platform for those keen on Eastern European and Central Asian markets feels not only rewarding but also essential, especially given all the buzz in these markets we’re diving into. If this event wasn’t on your radar yet, now’s the perfect time to start considering it.”

Andrew McCarron, Managing Director at SBC, commented: “Operators, suppliers and affiliates who want to make a mark in the region simply have to attend SBC Summit Tbilisi if they are going to compete successfully. These markets are tricky to thrive in without local knowledge, which is why SBC has partnered with SMH in order to provide the platform for companies to perform effectively.”

Centered on these dynamic regions, the event promises an in-depth exploration of key markets, including Georgia, Romania, Serbia, Bulgaria, Kazakhstan and Slovenia among others, and guarantees to be a melting pot of ideas and strategies tailored for these geographically diverse regions. The conference agenda will focus on trends including the new regulatory landscapes in Eastern Europe and Central Asia, the influence of innovations from crypto to AI, and new developments in eSports, payments, and influencer marketing, among other topics.

Last year, the host country had a strong operator presence during the inaugural summit, with industry leaders like Adjarabet, Betlive, Crocobet, Europebet, Leaderbet, LVBet, Superbet, TotoGaming and Vbet making their mark.

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Past event attendees responded exceptionally well to the inaugural edition of the event. Tereza Tokmajyan, CMO of TotoGaming, called it an ‘excellent opportunity for operators and service providers from the region.’ Dmitry Starostenkov, CEO of EvenBet Gaming, described it as “featuring a very active and representative audience, outstanding topics, and speakers”. Additionally, Vakhtang Mdivani, CPO and Co-Founder of Promofy, praised the event, expressing: “Hosting such an exceptional event in Georgia for the first time and setting the bar so high was truly awesome”.

This year’s show floor is set to be significantly larger, featuring over 60 exhibitors and sponsors, effectively doubling the count from the previous year. Moreover, there is an anticipated 70% growth in the count of operator representatives, and affiliate representatives are poised to experience a 50% increase compared to the figures reported last year.

To cater to the growing interest, this year’s event will expand its agenda, commencing with a half-day conference on the opening day (25 June). This addition brings the total number of featured speakers to 60, marking a significant 50% increase from last year.

The first day will feature a poker tournament followed by the Official Opening Party sponsored by Setanta Sports, taking place at Stamba Hotel. On the second day, a VIP dinner exclusively for C-level executives will be held at the Republic Restaurant, followed by a Closing Party at the Republic Event Hall.

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Compliance Updates

CT Gaming Obtains New Certifications for Romania

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NEXT, EZ Modulo 32/32/32, EZ Modulo 27/27/27 and Aurora slot cabinets have received certifications according to the new laws in Romania.

“Due to the new local technical laws, we had to take the needed measures and ensure that our clients can operate without any issues. We were able to acquire the needed certifications for NEXT, EZ Modulo 32/32/32, EZ Modulo 27/27/27 and Aurora slot cabinets,” said Robert Stancu, Sales Manager at CT Gaming, Romania.

The new regulations in Romania require operators to comply with strict regulations regarding the function of their gaming halls and casinos.

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“To maintain the leading positions at the Romanian market, it was highly important to act fast in adapting to the new regulations. After the multigame packs such as Diamond King and Diamond King 2 were certified, we did the same for the slot machines that support these packages,” Mr. Stancu said.

He added that now they have applied for certification of Diamond King 3 and NEXT’ 32/32/32 slot machine. The certificate is being processed, so it is expected that soon the hit multigame will respond to the new laws.

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