HTP Announced 2016 Results

HTP Announced 2016 Results
22 February 2017
22 February 2017

Valery Tsepkalo, Director of Belarus Hi-Tech Park, announced HTP financial and operating results for 2016 during a press conference on February 22. He pointed out HTP priorities for 2017 and answered reporters’ questions.

In 2016, the Hi-Tech Park continued its steady growth and accomplished its tasks on increasing IT services exports, implementing advanced IT projects in Belarusian enterprises, and attracting foreign investment.

In 2016, the exports increased by 16 percent, received foreign direct investment grew by 16 percent, and the number of IT projects implemented for the Belarusian market rose by 56 percent.

As of February 21 2017, 165 companies with over 27,000 employees are registered as HTP residents.

Growth Rate

Production and sales revenue of the HTP resident-companies amounted to BYN 1,790.2 million in 2016, the growth rate over 2015 being 142 percent, or 119 percent – with due account of the deflator and USD exchange rate changes.

TOP-10 HTP Resident-Companies by Sales

  1. EPAM
  2. Game Stream
  3. IBA IT Park
  4. Itransition
  5. iTechArt Group
  6. Exadel
  7. ISsoft Solutions
  8. ScienceSoft
  9. System Technologies
  10. Viber Media

Software and IT Services Exports

In 2016, HTP exports of software and IT services increased by 16 percent and reached USD 820.6 million. The share of exports in the HTP total production came to 91 percent.

TOP-10 Exporters

  1. EPAM
  2. Game Stream
  3. IBA IT Park
  4. Itransition
  5. iTechArt Group
  6. Exadel
  7. ISsoft Solutions
  8. ScienceSoft
  9. Viber Media
  10. LeverX International

HTP resident-companies delivered their services to customers from 67 countries in 2016. 49.1 percent of the exports accounts for Western Europe, and 43.2 percent –for the USA. The share of the CIS countries decreased from 10.7 percent to 5.3 percent as the exports to Russia fell by 43 percent.

Major HTP importers are located in the USA, Great Britain, Germany, Russia, and Ireland. In 2016, HTP residents entered markets of four new countries: Philippines, Vietnam, Turkmenistan, and Mexico.


Belarus' exports of computer services, mln USD




Share of computer services in the Belarus' total exports




HTP exports, mln USD




Share of HTP in Belarus' computer services exports




Table 1. Computer Services Exports. Balance of Payments by the National Bank of the Republic of Belarus.

Due to the Hi-Tech Park, exports of computer services became the second most significant item contributing to the positive balance of the Belarus' net exports of services. According to the preliminary information of the National Bank of the Republic of Belarus, the balance of computer services in Belarus came to USD 845 million in 2016, with the share of computer services in the total exports rising from 12.3 percent to 14.1 percent. About 86 percent of the computer services exports accounts for the software and IT services exports by the HTP residents.

Domestic Market

HTP domestic sales increased 1.6 times in 2016 and came to BYN 166.6 million.

TOP-10 Suppliers to Belarusian Market

  1. System Technologies
  2. IBA IT Park
  3. SOFTCLUB Development Center
  4. LWO
  5. Human System
  6. Avest
  7. Novacom Group
  8. Mapsoft
  9. BAS Innovation
  10. Atlantconsultsoft

Hi-Tech Park Resident-Companies

Currently, 165 resident-companiesare operating within the Hi-Tech Park. In 2016, 19 companies were registered as HTP residents, and 3 companies were deprived of their HTP resident status.

As of January 1 2017, the total number of HTP employees is 27,342. 3,305new jobs were created in 2016.

TOP-10HTP Residents by Number of Employees

  1. EPAM
  2. Game Stream
  3. IBA IT Park
  4. Itransition
  5. ISsoft Solutions
  6. iTechArt Group
  7. Exadel
  8. System Technologies
  9. ScienceSoft
  10. BelHard Development

Foreign Investment

In 2016, the Hi-Tech Park attracted USD 169.2 millionof foreign direct investment which exceeds the FDI received in 2015 by 16 percent.

By the type of investment, 74 HTP resident-companies were established by Belarusian investors, 32 are joint companies, and 59 residents were set up by foreign investors.

Innovation Entrepreneurship Support

In 2016, the Hi-Tech Park continued building the innovation ecosystem to encourage entrepreneurship and startup development in the hi-tech fields.

An investment project in Grodno was completed in 2016. The Hi-Tech Park invested over BYN 7 million (with due account of the redenomination) in the reconstruction of a building complex of 1,500 sq. meters.

The project allowed creating an innovation complex with a business incubator, coworking space and an educational center. A Grodno Region Development Department of HTP started its work there. One of the tasks of the department is to support ICT startup companies in Grodno and Grodno region. Grodno was selected as there are IT education providers – Yanka Kupala State University of Grodno, and the largest number of HTP residents and their offices locatedin the city.

The HTP business incubator in Minsk hosted 55 events (conferences, workshops, contests, hackathons, etc.) in 2016 which attracted more than 9,000 participants (in 2015, there were 12 events and 2,000 participants). 183 people attended innovation and entrepreneurship courses conducted in the HTP business incubator.

Startup companies rented offices at lower rates, received advice on commercialization of their products and assistance in search for partners and investors.

9 startups resided in the HTP business incubator in 2016, with four of them being set up by graduates of theinnovation and entrepreneurship course.

IT Education Support

One of the priority objectives of the Hi-Tech Park is to encourageschool students' interest in engineering, computer science and other technical disciplines and promote technical education among them.

In 2016, the Hi-Tech Park initiated an educational project on developing educational programs in programming in Scratch for school students from Grade 2. The project was supported by the Ministry of Education of the Republic of Belarus and successfully launched.

A special course was created to train Scratch teachers. The national portal was developed enabling to build up an online community of Scratch teachers.

In April 2016, the IT academy for kids "Compass" was opened in Orsha. Compass became the fourth regional IT academy opened with the support of the HTP resident-companies after NOTA and RITM in Novopolotsk (in 2010 and in 2013 correspondingly), and Steps in Lida (in 2014). The academy in Orsha is intended to help kids and school students learn programming as well as teach school teachers how to program in Scratch.

During open days in HTP over 4,000 high school students visited offices of HTP companies in 2016 where they met with software engineers and other IT specialists, learned about IT professions, and received advice how to build a successful career in the IT industry.

Throughout 2016, HTP resident-companies provided support in organizing and financing different international competitions and national contests in mathematics, physics, and computer science for school and university students.

Kuprevicha, 1/1, 220141, Minsk, Belarus.