The Danish pig breeding company Goodvalley (previously Danosha) with assets in Ukraine, Poland and Russia, in April-June 2019 achieved a net profit of DKK95 million that is 2.8 times more than for the same period last year. According to the company’s report posted on its website, a revenue in the second quarter of 2019 increased by 2.9%, up to DKK385 million, as a result of a rise of pig sales and an increase in the average price to DKK12.29 per kg (against DKK11.31 per kg in the second quarter of 2018). The volumes of pork sales in this quarter were lower: 48% and 47% of the group’s revenue, respectively.
EBITDA grew by 1.9 times, to DKK136 million, EBITDA margin to 35.2% from 19.6% in April-June 2018.
The pig breeding segment revenue in Ukraine saw 5.4% rise, up to DKK97 million based on moderately high sales and prices, in Poland it slightly decreased and amounted to DKK240 million, in Russia it grew by 11.6% to DKK48 million.
In the second quarter of 2019, Goodvalley sold 9,500 tonnes of pigs (live weight), which is more than over the same period a year ago (9,100 tonnes of pigs) with an average price DKK12.13 per kg (DKK11.66 per kg in Q2, 2018).
Goodvalley Ukraine is a pig breeding company established in June 2004 in the village of Kopanky, Ivano-Frankivsk region. In addition to pig breeding, the group is engaged in crop production, feed production, biogas and electricity generation in Ukraine.
It is part of the Danish group Goodvalley, which develops pig breeding complexes in Poland, Ukraine and Russia.
Health Ministry of Ukraine has initiated rescheduling of a pilot project on 2D coding (the special QR code on packages) of medicine packages, acting Health Minister Ulana Suprun said at a press conference on Wednesday. “Due to the need to bring 2D coding into line with the EU requirements, we will initiate amendments into the government’s decree, which envisaged the launch of a pilot project from September 1, 2019. Producers and government agencies were not ready for this,” she said.
According to Suprun, profile associations backed rescheduling of the project, in particular because Economic Development and Trade Ministry failed to work out the procedures for introduction of this system.
Director General of Health Ministry’s Pharmaceutical Directorate Oleksandr Komarida has reported that the required amendments now are being drafted for the respective government’s decree and by the end of the week they will be put for a public discussion.
According to Chairman of the Board of Directors of the Association of Manufacturers of Innovative Medicines Vitaliy Hordiyenko, the amendments will affect the content of the information that will be encoded.
He noted that at present production sites of foreign manufacturers had necessary equipment for applying coding, however, it is not used for medicines manufactured for Ukraine, since manufacturers do not know what information the code should contain.
As reported, the Cabinet of Ministers of Ukraine approved a pilot project on introduction of 2D control marking and monitoring of medicines, which is part of the Concept for the Implementation of the State Policy for Prevention of Medication Falsification.
As expected, the project to be fulfilled from September 1, 2019 to December 31, 2020.
Real wages in Ukraine in July 2019 increased by 9.5% year-over-year, while compared with June 2019 increased by 2.4%, the State Statistics Service has reported.
According to the service, the average nominal wage of full-time employees in July 2019 compared with the previous month increased by 1.7%, in annual terms – by 19.6%, reaching UAH 10,971.
The authority said that in June 2019 it amounted to UAH 10,783, in May – UAH 10,239, April – UAH 10,269, March – UAH 10,237.
According to the statistics department, the largest increase in the average wage of full-time employees in July 2019, compared with July 2018, was observed in Vinnytsia (24.8%), Mykolaiv (23.7%), Donetsk (23%), Kyiv (22.9%), Cherkasy (22.3%), Zaporizhia (22.1%), Dnipropetrovsk (21.8%), Rivne (21.6%), Ternopil (21.5%), Volyn (21%), Khmelnytsky (20.6%), Luhansk (20.2%), Chernivtsi (19.8%), Kharkiv (19.5%), Chernihiv and Sumy (19.1% each), Ivano-Frankivsk (18.6%), and Kherson regions (17.7%).
The highest level of wages in July was recorded in Kyiv city – UAH 16,249, and the lowest – in Kherson region (UAH 8,547). Meanwhile, the average wages of the employee in Donetsk region totalled UAH 12,010 and UAH 9,291 in Luhansk region (except for temporarily occupied territories).
In July 2019 compared with the same month of 2018, wages increased the most in agriculture (25%), industry (24.7%), administrative and support services (23.8%), in the field of IT and telecommunications (23.1%), in transport, warehousing, postal and courier activities (by 22%), building (20.7%), healthcare (20.7%), financial and insurance activities (18.5%), in the field of temporary accommodation and catering (18.1%), arts, sports and recreation activities (17.8%).
National bank of Ukraine’s official rates as of 29/08/19
Source: National Bank of Ukraine
Official rates of banking metals from national bank as of August 29
One troy ounce=31.10 grams
The group for the preparation of the first meeting of the newly elected Verkhovna Rada has voted on the agenda of the first session of the parliament for the period of consideration of organizational issues of the first session of the Verkhovna Rada of Ukraine of the ninth convocation. The first working meeting of the parliament will begin with the formation of a temporary presidium of the first session of the Rada. Then, Prime Minister of Ukraine Volodymyr Groysman will announce the resignation of powers by the Cabinet of Ministers in front of the new Verkhovna Rada.
After that, parliamentary factions and groups will be formed. Then the issue of a coalition of deputy factions (a deputy faction that has coalition rights) will be resolved.
The accounting commission of the parliament, its chairman, first deputy and deputy chairman of the Verkhovna Rada will be elected.
Next, an extraordinary message from President of Ukraine Volodymyr Zelensky on the internal and external situation in Ukraine will be heard.
MPs also intend to dismiss the head of the Security Service of Ukraine and appoint a new head of the agency, to resolve the issue of giving consent to the dismissal from office by the president of the prosecutor general of Ukraine and the appointment of a new prosecutor general.
