In the face of geopolitical challenges stemming from the Ukraine conflict, Parimatch Tech, a technology supplier headquartered in Cyprus, has embarked on a strategic journey to expand its European footprint.
Background:
Previously, Parimatch Tech concentrated its research and development efforts in Kyiv, Ukraine, until the onset of the conflict necessitated a shift. Consequently, the space in Kyiv was repurposed into a co-worker facility. Additionally, the company operates co-worker centers in Lviv and Uzhhorod, underscoring its commitment to fostering a distributed workforce.
Prague Office Opening: Rationale and Goals:
The decision to establish an office in Prague serves multiple strategic objectives for Parimatch Tech. Initially serving as a refuge for employees displaced by the conflict, the Prague office is envisioned to evolve into the company’s primary R&D hub in the long term. CEO Maksym Liashko views this move as a crucial step in the company’s European expansion and its broader ambition of cultivating a global IT cluster.
Employee Well-being and Safety:
Central to Parimatch Tech’s operational ethos is the well-being and safety of its employees. CEO Maksym Liashko emphasizes the importance of creating conducive working environments and ensuring the welfare of every employee and their families, reflecting the company’s commitment to its human capital.
Expansion Plans and Talent Acquisition:
The Prague office is poised for substantial growth, with plans to accommodate up to 200 developers. While prioritizing the hiring of Ukrainian talent, Parimatch Tech also recognizes the value of tapping into the European talent pool. The forthcoming re-launch of the Parimatch Tech Academy underscores the company’s dedication to nurturing talent and fostering continuous learning.
Czech Republic as an IT Cluster:
The choice of the Czech Republic as the location for its new R&D hub is underpinned by strategic considerations. Renowned as one of Europe’s leading IT clusters, the Czech Republic offers a blend of safety, comfort, and robust business potential, aligning seamlessly with Parimatch Tech’s growth trajectory.
In navigating the complexities posed by the Ukraine conflict, Parimatch Tech has demonstrated resilience and strategic acumen. By establishing a presence in Prague and charting a course towards European expansion, the company reaffirms its commitment to innovation, employee welfare, and sustainable growth. As it embarks on this new chapter, Parimatch Tech remains steadfast in its pursuit of excellence and global leadership in the technology landscape.