From resilience to investment execution: BDO in Ukraine presented Ukraine's USD 6.96 billion ICT/TMT

BDO in Ukraine held the business breakfast "From Recovery to Competitive Edge: Why Ukraine's ICT/TMT Sector Is Investable Now" on the sidelines of the Ukraine Recovery Conference 2026 in Gdańsk.

The event was organised by BDO in Ukraine together with the Union of Entrepreneurs and Employers of Poland (ZPP), in partnership with  Diia.City Union, and was listed first in the official URC 2026 Business Dimension side-events programme. It brought together investors, financial institutions, strategic corporate partners, Polish business representatives, technology companies, Ukrainian ICT/TMT project teams and institutional stakeholders.

The business breakfast attracted more than 200 registrations and featured 14 speakers and panelists. Around 70% of registered participants were senior decision-makers — C-level executives, founders, partners and heads of function. This level and quality of interest confirmed a clear market signal: Ukraine's digital sector is no longer perceived only through the lens of resilience. It is increasingly viewed as a practical platform for investment, partnerships, EU market access and long-term competitiveness.

The event was opened by Cezary Kaźmierczak, President of ZPP, with remarks from Michał Giergoń, Deputy Director at the Ministry of Foreign Affairs of Poland, who underlined Poland's continued support for Ukraine's recovery. The event was moderated by Vira Savchenko, CEO of BDO in Ukraine.
 

"Ukraine's digital sector is no longer only a story of resilience. It is becoming a practical investment platform for Europe's next wave of secure, AI-enabled and innovation-driven growth," said Vira Savchenko. "At URC 2026, our goal was to show not only sector potential, but also concrete investment projects, financing logic, partnership models and the practical readiness that investors need to see."

The discussion was designed as a focused, practical conversation rather than a general sector showcase. The goal was to connect the ICT/TMT investment pipeline with the questions investors and strategic partners actually ask: 

• What is ready for financing? 
• What makes a project bankable? 
• What due diligence materials are available? 
• How should risks be mitigated? 
• Which Polish and European partners can help projects scale? 
• What structure is needed before financing, M&A, joint ventures or market-entry discussions begin?

 

Why ICT/TMT matters for Ukraine's recovery

Ukraine's recovery is not only about rebuilding physical assets. It is also about building a stronger, more productive and more competitive economy.

Digital infrastructure, ICT/TMT services, GovTech, cybersecurity, AI, data infrastructure and dual-use innovation are central to this process. They support business continuity, public-sector efficiency, investor confidence and long-term growth.

Ahead of URC 2026, BDO in Ukraine prepared the white paper "Ukraine's Digital Recovery 2026: Building Europe's Most Resilient and Investable ICT/TMT Economy". The document presents Ukraine's ICT/TMT investment potential, project pipeline, key risks and partnership models.



According to the white paper, Ukraine's digital economy is already operating at meaningful scale. Key indicators include USD 6.655 billion in computer-services exports in 2025, approximately USD 12.2 billion in estimated total economic impact of Ukraine's IT sector, around 305,000 IT professionals, 3,893 Diia.City residents, a broader ICT/TMT investment pipeline of approximately USD 6.96 billion and an external financing request of approximately USD 6.7 billion across selected ICT/TMT projects.

These figures change the conversation. Ukraine's digital sector is not only resilient. It is commercially active, internationally connected and investable now.

 

From sector visibility to investor-ready projects

During the event, BDO in Ukraine presented key findings from its ICT/TMT sector analysis prepared in the context of the Ukraine Investment Guide 2026 — developed by KSE Institute in cooperation with the Ministry of Economy, Environment and Agriculture of Ukraine, with the support of the UK Government. BDO in Ukraine contributed to the Guide's preparation alongside other leading international audit and advisory firms.

The analysis identified five investable verticals where public demand, commercial logic, resilience needs and strategic relevance intersect:

• resilient telecom and connectivity;
• digital public infrastructure and GovTech;
• cybersecurity and trusted digital services;
• AI and sovereign data infrastructure;
• defense-tech and dual-use innovation.

The central investment question is not whether Ukraine has digital demand or implementation capacity. The key question is how capital should be structured and how projects can be prepared for investor scrutiny.

For many ICT/TMT projects, credible preparation requires a clear project profile, a defined funding ask, a financial model, market and regulatory analysis, risk and mitigation mapping, due diligence readiness, a data-room structure, a bankability memo, clear counterparties and implementation logic. This is where sector visibility must turn into transaction execution.

Three investment projects presented

The event included presentations of selected ICT/TMT projects from the Ukraine Investment Guide 2026 pipeline.

1. Building Ukraine's AI University was presented by Michael Shneider, CEO of Kyiv School of Economics. The project focuses on education, artificial intelligence, sovereign data infrastructure and preparation of a new generation of engineering and management talent for Ukraine.
2. Grant Bridge Ukraine was presented by Oksana Myronko, Deputy Director of Government Relations and Public Affairs at Sigma Software Group. The project, developed by Sigma Software and Impact Bridge, is designed as a practical mechanism to support Ukrainian projects and connect recovery initiatives with the donor community and implementation partners.
3. Supply Chain Financing Infrastructure was presented by Hlib Denysiuk, Director of the Center for Strategic Partnerships at Activitis. The project shows how fintech can support access to working capital and financing infrastructure for suppliers, buyers and SMEs in practical value chains. During the event, Activitis announced plans to raise USD 85 million for the development of the WEAGRO, eDilo and WEAGROBANK ecosystem, in addition to its own USD 15 million contribution (coverage: Interfax-Ukraine).

How Polish business can help scale Ukraine's ICT/TMT investment pipeline

A key part of the event was the panel discussion "How Polish business can help scale Ukraine's ICT/TMT investment pipeline".

The panel brought together Adam Tomczak (Allegro), Wojciech Jabłoński (PFR TFI), Jarosław Bełdowski (Kredobank), Bartosz Łopiński (Billennium) and Tomasz Ożdziński (BDO in Poland). The discussion addressed cross-border e-commerce, enterprise technology partnerships, banking requirements, financing and de-risking instruments, M&A readiness, tax structuring and compliance.

Several conclusions emerged from the discussion.

• First, Polish business can be a practical partner for Ukraine in market access, technology scaling, trust-building, financing, de-risking and implementation.
• Second, for Ukrainian ICT/TMT companies and project sponsors, technology strength alone is not enough. Investors, banks and strategic partners need financial transparency, clear ownership and governance, credible contracts, a robust financial model, tax and legal structure, compliance readiness and understandable risk allocation.
• Third, events such as URC and the Ukraine Investment Guide should not stop at visibility. Their value increases when they help projects move into structured follow-up: investor screening, preparation of due diligence materials, data rooms, financing discussions, partnership negotiations and transaction design.
• Fourth, proof points already exist. Polish and European businesses are not only observing Ukraine. They are testing practical channels for trade, financing, market access and technology cooperation.

 

BDO's role in ICT/TMT investment execution

BDO in Ukraine supports clients across the ICT/TMT investment lifecycle — from sector analysis to transaction execution and post-investment assurance.

For international investors and strategic partners, BDO supports market-entry analysis, partner and project screening, financial, tax and legal due diligence, valuation, transaction advisory, deal structuring and post-investment reporting.

For Ukrainian ICT/TMT companies and project sponsors, BDO supports investment readiness, financial modelling, business plans, investment memoranda, investor presentations, data-room preparation, vendor assistance, governance, Diia.City-related support, audit, tax and legal compliance.

For public-sector and institutional stakeholders, BDO supports project preparation, bankability analysis, de-risking logic, blended-finance structuring, funding models and implementation frameworks.

Our role is to help move ICT/TMT opportunities from sector narrative to investor-ready projects, structured transactions and practical implementation.

Planning an ICT/TMT investment, partnership or market entry in Ukraine? Talk to our team. 

BDO in Ukraine is grateful to all speakers, panelists, participants and partners who joined the discussion in Gdańsk.

We thank our co-organisers and partners: ZPP and Diia.City Union.

We also thank the information partners of the event: the European Business Association, Global Business for Ukraine, the Norwegian-Ukrainian Chamber of Commerce, the American Chamber of Commerce in Ukraine, the U.S.-Ukraine Business Council and the Canada-Ukraine Chamber of Commerce.

Read BDO in Ukraine's white paper "Ukraine's Digital Recovery 2026: Building Europe's Most Resilient and Investable ICT/TMT Economy"

Download the white paper

Download the Ukraine Investment Guide 2026 (KSE Institute / Ministry of Economy, Environment and Agriculture of Ukraine)

Explore BDO in Ukraine recovery materials

Contact BDO in Ukraine to discuss ICT/TMT investment, partnership or scaling projects: