The Antimonopoly Committee of Ukraine (AMCU) has made a decision on the case of violation of competition law by the pharmaceutical group Novo Nordisk, fining it and its distributors UAH 188 million, according to the AMCU website.
“Thanks to the introduced mechanism for providing after-sales discounts, distributors of the Novo Nordisk group companies received additional income significantly higher than 10%, as provided by the legislation of Ukraine, and in some cases – up to 80%. The chain of opaque pricing led to an unjustified overstatement of the selling prices for Novo Nordisk medicines and provided distributors with competitive advantages, without which other participants in the sales of Novo Nordisk medicines could not compete with them,” the message says.
It is clarified that it is about setting prices for medicines intended for the treatment of diabetes mellitus, problems with growth retardation and for the treatment of hemophilia by Novo Nordisk A/S (Denmark), Novo Nordisk Health Care AG (Switzerland) and a number of pharmaceutical distributors and pharmacies: Medpharkom LLC, Medpharkom-Center PrJSC, BaDM LLC, BaDM-B LLC, Pharmacy 3I LLC, Ganza PrJSC, Pharmadis LLC and Medpharm LLC.
AMCU fined Novo Nordisk A/S UAH 134 million, Novo Nordisk Health Care AG UAH 1.7 million, PrJSC Medpharkom-Center UAH 28.7 million, BaDM Group UAH 16.7 million, LLC Pharmacy 3I LLC UAH 680,000, PrJSC Ganza UAH 340,000, LLC Medpharm UAH 5.5 million.
Production at Medpharkom LLC and Pharmadis LLC was discontinued due to the liquidation of the companies.
Sales of new passenger cars in October of this year decreased by 8.2% compared to the same month of 2019, to 8,340 cars, which is 602 cars (or 7.8%) more than in September of this year, AUTO-Consulting said on Monday.
In October, Renault returned to be a leader, managing to increase sales by 39% compared with September 2020, to 1,413 cars, while Toyota, which finished second, reduced sales by almost 3%, to 1,343 cars. The third position was taken by Kia with an increase in sales compared with September 2020 by 76.3%, to 825 cars.
AUTO-Consulting said that in October of this year, the fourth place was taken by Skoda (compared to the sixth in September), with a 43% increase in sales, and Volkswagen remained in the top five best sellers, but the sales of this brand decreased by 26%.
“An important event in October was Peugeot’s breakthrough to seventh place (from 16th in September 2020) with a 114% increase in sales, to 335 cars. Peugeot has already finished in the top 10 several times throughout the year, and it looks like the current success will become systemic,” AUTO-Consulting said.
At the same time, according to analysts’ estimates, it was indicative in October that key premium brands – Audi, BMW, Mercedes-Benz, Lexus – remained without significant sales growth and finished with a decline in sales.
Taking into account October sales, the car market in January-October decreased by 3.3% compared to the same period in 2019.
As of November 2, Ukrainian agricultural producers harvested 70.5 million tonnes of basic crops from an area of 21.8 million hectares, in particular, 53.5 million tonnes of grain and leguminous crops were harvested from an area of about 13.5 million hectares (88% of the forecast).
According to a report posted on the website of the Ministry of Economic Development, Trade and Agriculture, the following crops were collected: corn – 17.6 million tonnes from an area of 3.6 million hectares (66%), sunflower – 12.1 million tonnes from 6.1 million hectares (95%), soybeans – 2.4 million tonnes from 1.2 million hectares (88%), millet – 240,400 tonnes from 147,800 hectares (98%) and buckwheat – 100,300 tonnes from 77,700 hectares (99%).
Some 5.1 million tonnes of sugar beet were dug out from an area of 124,000 hectares (57%).
The average retail price of petrol, diesel fuel and LPG grew by 1.8-2.5% from October 26 to November 2, according to Kyiv-based A-95 Consulting Group.
The average retail price of A-92 petrol grew by 2.5%, to UAH 23.15 per liter, A-95 – by 2.3%, to UAH 24.21 per liter and A-95+ – by 1.8%, to UAH 25.67 per liter.
The retail price of diesel fuel rose by 2.8%, to UAH 23.53 per liter, and the price of LPG grew by 1.4%, to UAH 12.74 per liter.
National bank of Ukraine’s official rates as of 04/11/20
Source: National Bank of Ukraine