The presentation highlights the latest social and economic trends in the country, discusses why Ukraine is becoming a hot outsourcing destination based on its industry growth, its access to a skilled well educated talent pool, and the government support. Special emphasis is placed on the favorable environment for direct investments in next few years, as well as expected growth of M&A activity in the country. In conclusion, the argument is made that Ukraine will gain prominence as ITO and especially BPO hot destination within next 3 to 5 years.

1. UKRAINE: More than just another outsourcing destination

3. Membership and awards

6. Main economic indicators GDP Industrial Output Gross Agricultural Output Retail Turnover of Goods Real State Budget Revenues (January - September 2008) Real Disposable Incomes of Population (January - September 2008) Consumer Price Index ( October 2008 to December 2007 ) Manufacturer Price Index (October 2008 to December 2007) Hryvnia depreciated to USD (November 1)    2 . 2 % 17.6 % 1 7 . 8 % 1 3 . 0 % 3 2 . 1 % 14.1 % 5 .8% 1 8 . 0 % January - October 2008 cumulative since the beginning of the year versus previous period : Since the beginning of 2008 : 2 3 .6%  Ministry of Economy of Ukraine     

7. Foreign Direct Investment Ministry of Economy of Ukraine (%)

15. Outsourcing to the CEE region in 2007 – market volume

16. Outsourcing to the CEE region in 2007 – number of employees

17. Outsourcing to the CEE region in 2007 – rates per year

19. Key outsourcing centers City Population, millions Part of outsourcing industry resources (mostly IT) % Average salary relative to Kyiv Property price level relative to Kyiv Kyiv 2.8 45 1 1 Lviv 0.9 18 0.66 0.38 Kharkiv 1.7 17 0.63 0.45 Dnipropetrovsk 1.2 8 0.67 0.50 Odessa 1.1 3 0.67 0.70