One troy ounce=31.10 grams
Germany’s Robotron Datenbank-Software GmbH and a consortium of developers consisting of Siemens AG (Austria), Siemens Ukraine, Siemens AS (Germany), Omnetric GmbH (Norway) and IP Systems Informatikai Zartkoruen Mukuodo Reszvenytarsasag (Hungary) will take part in a tender to develop DataHub software for the power commercial accounting administrator, the press service of national energy company Ukrenergo has reported.
“Evaluation of the offers will be held in accordance with the principles and rules of procurement of the International Bank for Reconstruction and Development [IBRD, which financed the project]. Evaluation results are subject to mandatory coordination with the bank,” the company said in the report.
As reported, a total of 14 companies bought papers for the tender as of middle of March.
Initially the tender to create DataHub was announced on September 19, 2017. The tender failed to take place due to the absence of high-quality bids. The repeated tender was launched on September 18, 2018 after the review of tender documents and their approval by the International Bank for Reconstruction and Development, which finances the project. The date of opening bids was postponed several times under requests of bidders, Ukrenergo said.
According to the power commercial accounting code, Ukrenergo is the power commercial accounting administrator on the retail market, which new model was launched on January 1, 2019.
The DataHub is a centralized platform to ensure the data exchange with a single database of the commercial accounting points. Currently distribution system operators and state-owned enterprise Energomarket fulfill this function without the proper software.
Ernst & Young is waiting for a spike in proposals to insure cybersecurity risks in Ukraine in 2019, according to a study by Ernst & Young Global Limited posted by the Ukrainian representative office of the company.
“The high level of damage to business from cybercrime around the world encourages companies to look for ways to manage these risks from the outside. One of the available options is to insure cyber risks, so similar offers from insurance companies are the expected trend of 2019 in Ukraine,” Senior Manager of information technology and IT risk management department of EY in Ukraine Dmytro Lazuchenkov said.
According to EY Global Information Security Survey 2018–2019, Ukrainian businesses are still characterized by the active migration of large Enterprise IT solutions to cloud services and the performance of business-critical operations in public “clouds.”
In a highly competitive environment, cloud solution providers are trying to reduce costs by reducing investment in technical tools and staff skills that are necessary to ensure the security of a cloud solution. This leads to the fact that cloud environments are becoming more susceptible to attacks by cybercriminals,” the company said in a press release.
EY said that the state-run institutions of Ukraine also should not forget about countering cyber threats.
According to EY Global Information Security Survey 2018-2019, vulnerabilities with the most increased risk exposure over the past 12 months were careless/unaware employees (34%), Outdated security controls (26%), unauthorized access (13%), and related to cloud-computing use (10%).
Most organizations (82%) are not sure if they successfully identify cybersecurity incidents. Among organizations suffered from incidents over the past 12 months, less than one third (31%) say that the incident was revealed by the cybersecurity service of the company.
EY said that 60% of organizations say that the person directly responsible for information security is not a board member. Only 18% of organizations say that information security fully influences business strategy plans on a regular basis.
Ukraine could start creating minimum crude oil and fuel stocks by the end of 2019, Head of the State Reserve Agency Vadym Mosiychuk has said.
“Earlier we have received a draft resolution of the Cabinet of Ministers on the approval of the concept of minimum reserves of crude oil and petroleum products approved by the Ministry of Economic Development and Trade. The next step would be to approve by the profile authorities and submit it to the Cabinet of Ministers. This opens the way for the Verkhovna Rada to adopt the bill on minimum stocks of crude oil and petroleum products as soon as possible and will allow, under the best scenario, to begin work on the accumulation already at the end of 2019,” the press service said, quoting the words of the head of department.
The State Reserve also said that they have begun a point modernization of the oil infrastructure, and after adopting the model for minimum reserves of crude oil and petroleum products they will negotiate with the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) about a loan for large-scale modernization.
The National Bank of Ukraine (NBU) gives an opportunity to open accounts to new non-resident entities on the financial market of Ukraine, including foreign investment foundations and asset managers acting on behalf of such investment foundations, reads a posting on the NBU website.
The right to open accounts in Ukrainian financial institutions and carry out forex transactions through them by non-resident legal entities is ensured by the law of Ukraine on currency and currency operations and the law amending some laws of Ukraine on investment promotion, as well as the EU-Ukraine Association Agreement.
The NBU has updated the instruction on the procedure of opening and closing customer accounts in banks and correspondent accounts in banks for residents and non-residents.
The central bank’s board approved the new version of the document by instruction No. 56 amending some laws and regulations of the National Bank of Ukraine on April 1, 2019. The document was posted on the website of the NBU and came into effect on April 4, 2019.
The instruction regulates the procedure of opening and closing by banks of:
– client accounts of residents and non-residents (individuals and legal entities);
– correspondent accounts of residents and non-residents;
– accounts of international financial institutions and their managers under trust agreement.
The NBU said that the facilitation of the procedure of opening client accounts envisaged by the instruction will have a good effect on the business climate in Ukraine due to the cancellation of the requirement to provide samples of signatures by clients when opening bank accounts. From now on account management will be performed on grounds of the list of entitled persons without notarial certification. In addition, change of name of a legal entity will not entail closing of active accounts.
