📝 Description
AB "LTG Cargo" organizes a public auction to sell approximately 240 tons of cut wagon scrap (heat exchangers). This industrial asset is located in Vilnius. The starting price for the metal scrap is set at 48000 EUR, excluding VAT.
To register as an auction participant, you must pay a 1000 EUR security deposit to account LT577300010157259989. Participants wishing to submit bids must register by 2025-07-15 23:59:59. The auction runs from 2025-07-17 09:00:00 until 2025-07-18 13:59:59.
Participants must submit documents proving the deposit was paid and confirming they are not being liquidated, restructured, or undergoing bankruptcy proceedings. For entities registered in the Lithuanian Register of Legal Entities, these checks will be made publicly available.
The managing organization is Akcinė bendrovė "Lietuvos geležinkeliai", company code 110053842. Detailed sale conditions are in the agreed contract project, freely accessible online.
To register as an auction participant, you must pay a 1000 EUR security deposit to account LT577300010157259989. Participants wishing to submit bids must register by 2025-07-15 23:59:59. The auction runs from 2025-07-17 09:00:00 until 2025-07-18 13:59:59.
Participants must submit documents proving the deposit was paid and confirming they are not being liquidated, restructured, or undergoing bankruptcy proceedings. For entities registered in the Lithuanian Register of Legal Entities, these checks will be made publicly available.
The managing organization is Akcinė bendrovė "Lietuvos geležinkeliai", company code 110053842. Detailed sale conditions are in the agreed contract project, freely accessible online.
❓ Frequently asked questions
What is the starting metal scrap price and is it including VAT?
The starting metal scrap price is 48000 EUR. This price excludes VAT, as stated in payment conditions.
When do you need to register for the auction and when will it take place?
Registration starts 2025-07-14 00:00:00 and ends 2025-07-15 23:59:59. The auction runs from 2025-07-17 09:00:00 to 2025-07-18 13:59:59.
How much scrap is being sold and where is it located?
Approximately 240 tons of cut wagons (heat exchangers) metal scrap are for sale. The asset is in Vilnius.
What is the mandatory security deposit to participate in the auction?
The mandatory security deposit is 1000 EUR. It must be transferred to the specified bank account.
What main documents are required for registration?
A document showing the paid deposit and documents confirming the participant is not liquidated or bankrupt, except where information is checked publicly in the LT legal entity register.
In what form will the purchase-sale contract be signed?
Contracts will be signed electronically.