Evgeni Utkin, Chairman

Chairman of Network Hi-tech Cluster, Ukraine
Chairman of Technology Holding Company “KM Core”

Mr. Evgeni Utkin is a successful entrepreneur and one of the pioneers and leaders of the high-tech industry in CIS and CEE. From 1982 till 1990 Evgeni Utkin held the position of the Head of the Laboratory and Chief Designer of microprocessors at the Kyiv Science and Research Institute of Micro Instruments. Having founded one of the first IT companies in post-Soviet times he has taken his company through a number of growth phases, from founding the company in 1990, diversifying the business, entering new markets and geographies, creating an international company, to M&A and IPO. Throughout this time, the company has maintained significant business partnerships with global technology companies, such as Intel, Oracle, Cisco and Microsoft. Evgeni’s approach to business is accelerating ‘knowledge based businesses’ and enterprise value-creation. Having combined his knowledge of doing business in CIS and CEE with a global perspective of growing innovative and leading companies, he has been acknowledged as a leader of the new, post -Soviet generation of entrepreneurs. Today, “KMCore” is focused on four key business areas: IT, datacenter and cloud services, software engineering, semiconductor design and nanotechnology.

Mr. Utkin is also a notable philanthropist, very active in promotion of Ukrainian culture through his support of art and music projects both in Ukraine and Europe.

Master’s degree, 1982
Moscow Institute of Electronic Engineering, majoring in Microprocessor systems (Russia)

Advanced Management program, 2001
INSEAD Business School (France)

Program of Innovative Business Management, 2008
IMD Business School (Switzerland)

Venture Capital Executive Program, 2009
Haas School, Berkeley University (USA)

Global CEO Program, Cross-Program Project (CPP), 2011-2012
IESE Business School (Brazil), the Wharton School (USA), CEIBS (China)


In 1997 Evgeni was awarded by the Government of Ukraine the special title of ‘Outstanding Employee of the Ukrainian Industry’. The same year according to the National Ukrainian award “Man of the Year’ he was pronounced ‘Businessman of the Year’. From 1998 till 2001 Mr. Utkin held the position of the Chairman of the Council of Entrepreneurs under the Cabinet of Ministers of Ukraine. In 2003 he entered the ‘TOP-100’ National rating by ‘Korrespondent Magazine’ and was named the ‘Proponent of hi-tech’. In 2007 he became a laureate of the ‘TOP-10 managers of Russia’ award.

Borsch Ventures

1-3, Pivnichno-Syretska st. 04136 Kyiv, Ukraine
+38 044 239 99 00