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TEAM provides Custom Application Development, Mobile SmartPhone Development, SaaS Cloud Computing, QA & Testing Services at IT Outsourcing & Offshore Software Development Center in Kharkov, Ukraine, Eastern Europe

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Apr 7, 2008 - Ukraine was ranked # 5 among leaders in share increase of world output.

TEAM International proudly announces the achievement of Ukraine.

Competitively Ukraine received fifth place in the ranking of global leaders in share increase of world output from year 2000 to 2007 starting at 0,4 and ending at 0,5 percent share of the world economy. China, India, Russia and Iran received first to forth place respectively. Economic progress was highlighted in Business Week magazine on March 31st, 2008.

Also economic experts announced that Europe was responsible for 12.52% contribution to the world financial market in 2008. Asia and United States received 10.24% and 9.16%.

As for information technology it took the 7th place in the European broad market index of leading economy sectors.

Overall IT services output in Europe in first quarter 2008 shows a substantial increase of 11.06%.

Analysts agree that among others information technology remains a very promising sector of the world’s economy. Different resources give various forecasts for Ukraine but one opinion is common: the path the country has chosen is an outstanding way for change.

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