Intellias, one of Ukraine’s leading IT companies, has taken another step towards global expansion by opening a new office in Egypt’s capital, Cairo. The investment in launching the location amounted to several hundred thousand dollars. According to company representatives, Intellias plans to achieve profitability for the office within the next six months.
This is reported by Finway
Intellias’ Development Strategy in Egypt
The new office in Egypt has become an important strategic point for the company’s further development. Intellias notes that the choice of Cairo is due to the advantageous geographical location of the country at the crossroads of Europe, the Middle East, and Africa. By the end of 2025, the company plans to expand its team in Egypt to 30-50 specialists.
In 2024, Intellias’ revenue reached 4.1 billion hryvnias. Among the company’s clients are international giants such as Siemens, LG, KIA, Zeekr, as well as a number of fintech companies.
Ukraine’s Position in the Global IT Market
The important role of Ukraine in the international IT services market was emphasized by Yulia Shtukatorova, a top manager at GlobalLogic. She stated that Ukraine remains the second-largest hub for GlobalLogic in the world after India and at the same time the largest hub for the company in Europe. Ukrainian specialists demonstrate leading expertise in areas such as telecommunications, media, healthcare, and automotive manufacturing.
“GlobalLogic remains in Ukraine and is focused on development. Currently, the company has no plans to open new offices in Ukraine, but does not rule out such a possibility if growth occurs.”
Thus, Ukrainian IT companies are actively expanding their presence in the global market by opening new offices and strengthening Ukraine’s role as an important center of technological expertise.