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Turkish companies activelly entering Ukrainian market
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6 August 2010
Company fugo - http://fugo.com.ua/ announced about entering CIS market and signed agreement with consulting company YesBusiness - on cooperation in start-up project management and assistance in launching of the representative office in Kiev.
Launch of the representative office in Kiev allows occupying a vacant niche in the market of professional developers of iPhone applications and therefore improving profitability of business due to success implementation of large projects.
Erol Nahmias, Co-owner:
"Despite the fact that development of iPhone applications market is a brand new direction for the CIS countries, Fugo Company sees a great potential in it. According to the research market data of YesBusiness consulting company, in Ukraine there are more than 100 000 owners of iPhones. If you take all the CIS countries, the number of iPhone owners is rapidly approaching to 1 million of users. Numbers of iPad owners, for which we also develop applications, are much more modest, but we are confident that this product will be also popular soon. I recon that all this market data will certainly push companies to acquire own iPhone applications. The situation is very similar to what was happening 10 years ago, when no one could imagine that soon, a business without a web site would be practically impossible."
About fugo
Company fugo - http://fugo.com.ua/ founded in January 2010 in Istanbul, Turkey. In a short time the company has become one of the leading in development of iPhone applications in Turkey. Fugo applications have occupied leading positions in the AppStore several times. In July-August 2010 the company is opening a representative offices in the UK and Ukraine. In 2011, fugo plans to open offices in the USA. The company's staff accounts 60 employees.
About YesBusiness
Consulting company YesBusiness - http://yesbusiness.com.ua/ established in 2009 in Kyiv, Ukraine. YesBusiness fully assists their clients to coordinate all efforts in development business in Ukraine. The idea of the company is to become a “one stop shop” for foreign businesses in Ukraine. Among the services are: company registration, outsourcing office, business planning, market research, development of market entry strategy, selection of personnel and others. Since the company was established it has successfully launched eight projects.
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