The supervisory board of the National Depository of Ukraine (NDU) has approved a Main Delivery Agreement that signed with Britain’s Percival Software Limited to deliver Depend system software to the central depository and to provide its support within three years.
The cost of software delivery and support services is $330,000 with envisaged preliminary payment for each subsequent quarter, the NDU reported that in the information disclosure system of the Ukraine’s National Securities and Stock Market Commission on August 2.
Percival was founded in the UK in 1986.
It is a developer and vendor of advanced software solutions for central securities depositories all over the world. Since 2008, the company won nine CSD contracts spanning 21 countries.
Average retail prices for petrol and diesel fuel in Ukraine from July 29 to August 5 remained at the level of the previous week, while prices of LPG decreased by 3.24%.
Changes in average retail fuel prices UAH per liter in Ukraine:
©Source: A-95 Consulting Company
A law “On basic principles and requirements for organic production, circulation and labeling of organic products” came into force on August 2.
The law, in particular, meant to improve the legal regulation of organic production in Ukraine and bring it into line with the EU legislation, Agrarian Policy and Food Ministry of Ukraine reported on its website.
“Ukrainian domestic organic products are becoming more popular in the foreign markets: over the past few years our state has become an important supplier of the organic products to the western markets, being ranked the fourth among the exporters of the organic products to the EU countries,” the ministry said adding that all necessary regulatory legal enactments have been already drafted.
Besides, the lawmakers envisaged a mechanism for certification of the organic production. If the organic goods put up for sale without a respective certificate, sellers of such production will have to pay fines in amount of five to eight of minimum wages, reads a report on the ministry’s website.
According to new law, the State Service of Ukraine on Food Safety and Consumer Protection will be a supervisor of organic production in Ukraine.
On July 10 the Verkhovna Rada at second reading and as a whole adopted bill No. 5448-d on basic principles and requirements for organic production, circulation and labeling of organic products, and President of Ukraine Petro Poroshenko signed it at the end of July. The law, in particular, establishes the basis for the legal regulation of organic production and the functioning of the market of such products.
Official rates of banking metals from national bank as of august 06
One troy ounce=31.10 grams
National bank of ukraine’s official rates as of 06/08/19
Source: National Bank of Ukraine
AIS group of companies plans to start producing tractors under the KrASZ brand from the components of the leading Asian companies at the Avto-Holding plant (Kremenchuk, Poltava region), AIS has said in a press release.
At the first stage, it is planned to establish the production of agricultural machinery with a capacity of up to 30 hp, which is most in demand among small and medium-sized farms.
“The segment of this equipment has a rather large capacity, according to our estimates, it is more than 17,000 tractors per year, and it is developing steadily. We expect in the medium term to occupy from 5% to 10% in it,” the press service said citing AIS Marketing Director Serhiy Borovik.
The group has not yet disclosed the remaining details of the project, noting that detailed information about the model range planned for production, prices and the start of accepting orders will be announced in August-September of this year.
AIS group of companies, established in 1992, is the national network of auto centers and service stations, spares stores, a manufacturing enterprise, regional automobile warehouses and a logistics center for storage and distribution of spare parts, a customs and licensed warehouse, and a motor transport company.
