Moscow, New York, May 20, 2010 – Dmitry Loschinin, President & CEO of Luxoft, was named Russia’s Business Leader of the Year and recognized for his outstanding effort in creating a global organization at the Global Russia Business Meeting in Ljubljana on May 16-18.

Co-hosted by the government of Slovenia and the Prime Minister of the Republic of Slovenia, the Global Russia Business Meeting aims to be the foremost annual gathering of Russian business leaders and their global counterparts. The goal of the meeting is to identify the opportunities and challenges that shape the growth environment of Russian companies. The meeting was attended by the President of Slovenia and over 300 top business and government decision makers from Russia and the rest of the world. It presented a unique opportunity for leaders to provide their input on the priorities for the future of the global economy.

The award was organized and presented by the Horasis, a global visions community committed to enacting visions for a sustainable future (, and the Russian Managers Association, a nation-wide independent non-governmental organization providing comprehensive help to the Russian business community in transitioning and integrating Russia into the international economy (

“It is a great honor to be recognized as Russia’s business leader,” said Dmitry Loschinin, President & CEO of Luxoft. “Our country’s role in the world economy has changed dramatically over the past decade and continues to show a lot of potential. With the same technological tradition that put man into space, Russia is poised to become a global powerhouse of innovation. I am proud to be a part of this progression.”

About Luxoft

Luxoft is an emerging global leader in application and product engineering outsourcing services for enterprise IT organizations and software vendors. Luxoft builds lasting partnerships with its clients, such as Boeing, Deutsche Bank, UBS, Dell, IBM, Sabre and other global leaders, based on the culture of engineering excellence, innovation, and deep domain expertise. Luxoft offers global delivery capability through its network of state-of-the-art delivery centers in North America, Central & Eastern Europe, and Asia. Luxoft`s customers benefit from the right mix of technology skills, industry knowledge, best-of-breed processes and methodologies, and a choice of engagement models.

Luxoft has been awarded the #1 position in the “Emerging European Markets” category of the 2009 “Global Services 100” list. Company is also a recipient of the Applied Innovation Award from the IAOP and Wipro, ITAA and Forbes (together with Deutsche Bank).