International software company Luxoft sets up office in Penang


Certificate presentation: Malaysia Digital Economy Corp chief operating officer Datuk Ng Wan Peng (left) presenting the Multimedia Super Corridor Malaysia status certificate to Dmitriy Loschinin during the launch of Luxoft’s centre of excellence in Penang yesterday. The event was was witnessed by Lim.

GEORGE TOWN: International software company Luxoft has set up an office in Penang. It will invest RM235mil investment in human capital and technology for the first five years.

The locals will be able to benefit from the expected 500 job opportunities in IT and software development engineers that the company will create. Luxoft president and chief executive officer Dmitriy Loschinin said Penang was a strategic choice for the global brand.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Penang , Luxoft

Next In Business News

Ringgit to remain steady, trade within 4.10-4.12 versus greenback next week
Thai market wades out of flood woes
Investors turn to EMs
Mega port strategy in the dock
Casino home run for Cohen
Genting’s high-stakes double-edged win
Cortina rolls out mobile homes for Winter Games
China’s slow stock rally gains investor trust
FBM KLCI poised for strong year-end
Super scheme blows the roof off

Others Also Read