Updated at 19:43,09-09-2019

Belarusian IT company EPAM earned $1.84 billion in 2018

Euroradio

Belarusian IT company EPAM earned $1.84 billion in 2018
Photo: epam.by
EPAM, the Belarus-based leading software engeneering company in the world, earned $1.84 billion in 2018. The revenues grew 27% against the previous year, reports the press office of the company.

Operational profit amounted to $245.8 million in 2018 or $72.8 million more than in 2017 (a 42.1% growth). Net profit grew threefold up to $240 million.

In 2019, EPAM plans to exceed revenues at over $2 billion but the profit will remain at the level of 2018.

The company's current headcount is over 30200, with one third of them employed in Belarus. EPAM's Software Development Center is the largest resident of the Hi Tech Park in the Belarusian capital Minsk.