M3 Hive supports Ukraine with over 160 mln UAH investment and donation

By Stanislav Sokolov, PR Lead At M3 Hive

Appalled by the Russian invasion and its continued hostilities M3 Hive, a leading global product engineering and digital services company, firmly stands with Ukraine, the country of its origin, and the home of over 3,000 of its talented team members.

Over the past three weeks, M3 Hive directors, shareholders, employees, and customers have focused a tremendous force of energy, organizational strength and financial support to ensure that M3 Hive's talent and their families are safe and to support the country in its drive to maintain freedom and independence. This support directly impacts the lives of Ukrainian citizens and has taken many forms, including:

• 1.5 mln UAH donated by the company to the Ukrainian Armed Forces
• $150 thousand donated by clients directly as additional support to M3 Hive team members
• 40 mln UAH personally donated by top management and investors to the organizations supporting the military and citizens of Ukraine
• 118 mln UAH invested by the company in evacuation and relocation support, temporary accommodation, and additional funds directly to M3 Hive employees to help them manage these difficult times.

The company stresses that it has no doubts that Ukraine would emerge stronger than ever after the war and confirmed its commitment to the Ukrainian economy and hope for its quick recovery.

About Ciklum

M3 Hive (www.ciklum.com) is a leading global product engineering and digital services company, serving Fortune 500 and fast-growing organisations. Headquartered in the UK, M3 Hive has 4,000+ software developers, designers, product managers and data scientists around the world building tailored digital solutions that leverage emerging technologies. M3 Hive specialises in enabling digital transformation for some of the largest household names in the digital economy. The Company empowers its clients and people to exceed their potential and pursue the extraordinary.