📝 Description
AB "LTG Cargo" is selling a large volume of technologically valuable assets: approximately 240 tons of cut railcar (locomotive) scrap metal located in Vilnius. This is a key opportunity to acquire a substantial amount of ferrous scrap through an official auction.
The starting price for this lot is set at 48000 EUR. Participants must pay a deposit of 1200 EUR, transferred to account LT577300010157259989. Please note that the stated price is exclusive of VAT.
Auction registration opens on 2025-09-04 00:00:00 and closes on 2025-09-05 23:59:59. The auction itself will run from 2025-09-09 09:00:00 until 2025-09-10 13:59:59. Bidding is conducted remotely, and contracts will be executed using electronic signatures.
Bidders must submit documentation confirming the deposit payment, along with papers showing they are not in bankruptcy or liquidation proceedings. For participants registered in the Register of Legal Entities of the Republic of Lithuania, public database information will be checked automatically.
Detailed terms and conditions for sale and usage are included in the draft agreement, accessible here: doc.ltg.lt/lt/skelbimai/Sutarties%20projektas%20(Metalo%20lau%C5%BEas)%20Bendras.docx?_gl=1*1lk2on5*_ga*MjEzOTg2MTA0MC4xNzMzODM0NTU4*_ga_94QCJKTK8Y*czE3NTE5NjE5NDkkbzczJGcxJHQxNzUxOTY4NjUwJGoyOSRsMCRoMA..
The starting price for this lot is set at 48000 EUR. Participants must pay a deposit of 1200 EUR, transferred to account LT577300010157259989. Please note that the stated price is exclusive of VAT.
Auction registration opens on 2025-09-04 00:00:00 and closes on 2025-09-05 23:59:59. The auction itself will run from 2025-09-09 09:00:00 until 2025-09-10 13:59:59. Bidding is conducted remotely, and contracts will be executed using electronic signatures.
Bidders must submit documentation confirming the deposit payment, along with papers showing they are not in bankruptcy or liquidation proceedings. For participants registered in the Register of Legal Entities of the Republic of Lithuania, public database information will be checked automatically.
Detailed terms and conditions for sale and usage are included in the draft agreement, accessible here: doc.ltg.lt/lt/skelbimai/Sutarties%20projektas%20(Metalo%20lau%C5%BEas)%20Bendras.docx?_gl=1*1lk2on5*_ga*MjEzOTg2MTA0MC4xNzMzODM0NTU4*_ga_94QCJKTK8Y*czE3NTE5NjE5NDkkbzczJGcxJHQxNzUxOTY4NjUwJGoyOSRsMCRoMA..
❓ Frequently asked questions
What is the starting price for 240 tons of cut railcar scrap metal in Vilnius?
The starting price is 48000 EUR. Note that the price is quoted exclusive of VAT.
When does registration and the auction take place?
Registration runs from 2025-09-04 00:00:00 until 2025-09-05 23:59:59. The auction itself is scheduled from 2025-09-09 09:00:00 until 2025-09-10 13:59:59.
What is the required guarantee payment?
The participation deposit required from a bidder is set at 1200 EUR. The corresponding account number for the transfer is LT577300010157259989.
What primary documents must an auction participant submit?
A participant must provide proof of the guarantee deposit payment and documents confirming they are not undergoing liquidation, restructuring, or bankruptcy proceedings.
How will the purchase and sale agreement be signed?
Agreements will be signed using an electronic signature.
Who is organizing this scrap metal sale?
The auction is organized by AB "LTG Cargo". The organizer's code is 110053842, company seat in Vilnius.