The Coder Supply Chain Runs through Ukraine | In the News

Ukrainian code can be found almost anywhere in the world. It’s on Wall Street (Citigroup Inc. and JPMorgan Chase & Co.) and in international banks (Barclays Plc, Credit Suisse Group AG, Deutsche Bank AG, and UBS Group AG). It’s in manufacturers of airplanes (Boeing Co.), cars (Daimler AG and BMW), mobile networks (BT), and phones (Samsung), said Anurag Srivastava, a Vice President at research firm Everest Group. “Clients are anxiously asking how bad it’s going to be, how long the crisis could last, and what action they should take,” he said. Everest Group isn’t especially optimistic: It elevated the risk rating of doing business in Ukraine to high, from medium.

Read more in Bloomberg News




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