Price Regulation Has Changed: Which Goods Have Been Removed from the List and How Prices for Semi-Finished Products Must Now Be Calculated

By Resolution No. 359, the Council of Ministers amended the pricing rules established by Resolution No. 713. The list of regulated goods has been substantially reduced, and a separate pricing procedure has been introduced for certain semi-finished products manufactured in shops’ own production facilities.

The changes should be taken into account by manufacturers, importers, retail chains and shops with their own production facilities.

The List of Regulated Goods Has Been Substantially Reduced

Previously, the list included approximately 200 items, including adult clothing and footwear such as coats, jackets, suits, trousers and shoes. The list now contains only 76 items.

The reduction primarily concerns non-food products. The only such goods remaining on the list are children’s footwear, nappies and hygiene products, socks and tights, as well as underwear for newborns.

How to Calculate the Price of Semi-Finished Products Manufactured in a Shop’s Production Facility

Many shops process meat and fish independently in their own food production facilities and sell semi-finished products, including large cuts of pork and beef, meat offal, poultry offal and frozen processed fish.

Previously, there were no specific pricing rules for such semi-finished products.

A special calculation procedure has now been introduced:

1. First, the shop determines the price of the catering product from which the semi-finished product is made. The price consists of the cost of the raw materials and a catering mark-up, which may not exceed 10%.
2. The maximum retail mark-up specified in the list for goods of the relevant category is then applied to the resulting price.

Other Changes

The mechanism for recalculating a price in proportion to weight when introducing a new product may now be applied to a broader range of prices.

The permitted costs now include expenses relating to the mandatory certification of pre-packaged products.

What the REVERA Law Group Team Recommends Checking

• which of the company’s goods have been removed from the list of regulated goods;
• whether the new categories of permitted costs have been taken into account;
• the date from which the new rules must be applied to each specific product.

Have you already determined which changes affect your company’s operations and how?

The REVERA team can provide targeted legal advice. For an initial assessment, it is sufficient to send us a list of the relevant goods, together with a description of the types and forms of trade used. Contact us at info@revera.legal

Authors: Aliaksandr Antonau and Ilya Astashov