📝 Description
AB LTG Infra sells approximately 220,000 tons of used railway rails classified as metal scrap via auction in the Šiauliai region. The initial price is 63800 EUR excluding VAT, not including VAT. Payment terms are specified in a separate contract draft.
The auction starts on 2025-07-11 09:00:00 and ends on 2025-07-14 13:59:59. Participant registration is available from 2025-07-09 00:00:00 until 2025-07-09 23:59:59. A guarantee deposit of 800 EUR is required.
Participants must submit three main documents: proof of the paid auction participant fee, a digital copy confirming registration in the Waste Management State Register, and documents proving the participant is not being liquidated, restructured, or facing bankruptcy proceedings. Participants registered in the Legal Entities Register do not need to provide the second and third documents as this information will be checked publicly.
The 800 EUR deposit must be paid into AB "LTG Infra" account LT21 7300 0101 5917 5126. For more details, see the contract draft and related announcements.
The auction starts on 2025-07-11 09:00:00 and ends on 2025-07-14 13:59:59. Participant registration is available from 2025-07-09 00:00:00 until 2025-07-09 23:59:59. A guarantee deposit of 800 EUR is required.
Participants must submit three main documents: proof of the paid auction participant fee, a digital copy confirming registration in the Waste Management State Register, and documents proving the participant is not being liquidated, restructured, or facing bankruptcy proceedings. Participants registered in the Legal Entities Register do not need to provide the second and third documents as this information will be checked publicly.
The 800 EUR deposit must be paid into AB "LTG Infra" account LT21 7300 0101 5917 5126. For more details, see the contract draft and related announcements.
❓ Frequently asked questions
What is the starting price for 220 tons of used railway rails at the auction?
The starting price is 63800 EUR, stated excluding VAT.
When will the 220 ton metal scrap auction take place in Šiauliai region?
The auction starts on 2025-07-11 09:00:00 and ends on 2025-07-14 13:59:59.
What is the mandatory guarantee deposit for participating in this auction?
The guarantee deposit is 800 EUR, payable to AB "LTG Infra" account LT21 7300 0101 5917 5126.
When should I register to participate in the auction?
Registration takes place for one day only - 2025-07-09, from 00:00:00 until 23:59:59.
What are the main requirements for a participant not registered in the Legal Entities Register?
The participant must provide proof of the guarantee deposit payment and documents confirming registration in the Waste Management State Register and legal stability (not being liquidated or bankrupt).
Who is the auction organizer and what is its code?
The organizer is Joint Stock Company "Lietuvos geležinkeliai", company code 110053842.