Core Principles

BUSINESS CODEX

We differentiate ourselves by building strategic long-term partnerships with our clients and ensuring cultural fit throughout our talent hiring process. Our corporate values are the following:
principle-1

Honesty is The Best Policy

principle-2

Do it With Passion or Not at All

principle-3

Hard Work Pays Off

principle-4

No Excuses, Just Get it Done!

Important Milestones

Company Story

  • 2013
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • Lyubomyr Reverchuk founded Echo in May 2013 and the first 3 employees were hired. With the goal of providing web development services for local Ukrainian clients, the company embarked upon a journey to find its niche.

  • In December 2014, we decided to focus our efforts on the international market, building relationships with clients from the US, the UK and Europe. This was a shift from our previous focus on Ukrainian businesses.

  • This year, we built the largest (at that time!) team of 7 people to develop a complicated payment solution for a UK-based company. Additionally, our first mobile app was created and deployed.

  • We established dedicated teams of software developers for multiple digital agencies and startups from the US, UK, Canada, and Sweden. Over 80% of our projects became ongoing.

  • At the beginning of the year, 30 people milestone reached. One of our most loyal partners with us for more than 3 years, set of new technologies was added to our expertise and 90% overall employee retention rate achieved.

  • The number of our long-term clients has grown, reaching 12 and continuing to increase. Consequently, mutual business trips have become more and more often. In the middle of the year, we even crossed the 50 people mark.

  • This year was particularly challenging. In the first quarter, the company underwent a significant reorganisation. In the fourth quarter, the largest client, which accounted for 40% of our revenue, departed.

  • COVID dominated in Q1-Q2. Thirty percent of our clients stopped their collaboration with us and cut their teams at Echo. However, in Q3, new opportunities arose and we ended the year quite successfully.

  • It was a year of stagnation and fierce labor market competition. As a result, we lost many business opportunities. But on the other hand, it gave us a strong push for rebuilding our core HR function to deliver excellent results now.

Interesting Facts

Key Numbers

9
years
30
specialists
29
average age
7
active clients

Great People

Management Team

Lyubomyr

Co-founder & CEO

Max

Co-Founder & Account Executive

Zakhar

Co-Founder & COO

Viktoria

Lead Recruiter / Business Partner

Yevhen

Talent Acquisition Manager

Yevhen

Financial Manager & Accountant

Prestigious Associations

Industry Recognition

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