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When Dutch investor Theo Schnitfink made it to Ukraine some 12 years ago to open an office of his software development firm Symphony Solutions, he was amazed with the level of skill of Ukrainian software engineers.
Corruption in the country didn’t scare Schnitfink away, but he admits he was shocked when he faced it himself.
Despite all obstacles, in 12 years of working in Ukraine, Symphony Solutions has grown from just eight employees to over 250 today. And Schnitfink highly recommends Ukraine to foreign investors.
Richard Bell, owner of the consultancy firm Next Step Oekraïne, which has helped around 300 Dutch businesses in Ukraine, says there are reasons why foreign entrepreneurs like it here eventually.