NBU wants to buy machine for destroying coins

The National Bank of Ukraine (NBU) wants to buy a machine for destroying coins.

This is stated in the auction materials on the Prozorro website, Ukrainian News Agency reports.

The expected purchase price is EUR 281,000.

Three players appeared at the auction - Monea Coin Technology from Slovakia, Kusters Engineering from the Netherlands and Arrandene from the UK.

The Slovak company offered the lowest price for the specified equipment - EUR 252,300.

The competition was held on December 18, and the winner is currently expected to be determined.

As Ukrainian News Agency earlier reported, on December 18, the Verkhovna Rada supported in the first reading a bill on renaming the kopeck into a shah.

In the conditions of large-scale russian aggression, replacing kopecks with shah is an important and necessary step, because today kopecks remain in circulation only in states hostile to Ukraine.

Of the 15 countries that were part of the USSR, the kopeck remained in only three: Ukraine, russia, Belarus, and the unrecognized Transnistria.

On November 5, National Bank Chairman Andrii Pyshnyi announced that Ukraine plans to replace its kopeck coins with shahs by the end of the year in order to get rid of the symbol of Moscow's former dominance.

On October 15, the National Commission on Securities and Stock Market spoke out against renaming "kopecks" to "shahs."

On October 3, former National Bank board member Vitalii Shapran reported that Ukrainian coins with the inscription "shah" did not physically exist in circulation on the territory of Ukraine.