📝 Description
AB "LTG Cargo" is selling approximately 150 tons of axle scrap metal in Radviliškis. The starting price is 33 000 EUR (excluding VAT). A guarantee deposit of 1 000 EUR is required. Registration runs from 2025-10-29 until 2025-10-30 (check auction terms for exact times). The auction itself begins on 2025-11-03 09:00 and closes on 2025-11-04 13:59:59. Bidders must submit proof of the paid deposit, a digital copy of their registration in the State Register of Waste Managers, and documentation confirming they are not undergoing liquidation, restructuring, or bankruptcy. Legal entities registered in the Lithuanian Register of Legal Entities are exempt from providing the latter documents as compliance will be checked publicly. The deposit must be paid to AB "LTG Cargo" account LT57 7300 0101 5725 9989. The draft contract, containing specific object conditions and payment procedures, is available at http://doc.ltg.lt/lt/skelbimai/Sutarties%20projektas%20(Metalo%20lau%C5%BEas)%20Bendras.docx.
❓ Frequently asked questions
What is the starting price and the weight of the scrap metal being sold?
The starting price is 33 000 EUR. Approximately 150 metric tons of axle scrap metal is for sale.
When is registration and when does the auction start?
Registration takes place from 2025-10-29 until 2025-10-30 (until 23:59:59). The auction starts at 2025-11-03 09:00 and ends on 2025-11-04 13:59:59.
What is the guarantee deposit amount and where should it be transferred?
The guarantee deposit is 1 000 EUR and must be paid to AB "LTG Cargo" account LT57 7300 0101 5725 9989. Detailed payment terms are specified in the draft contract.
What documents must a participant submit?
Participants must provide: proof of payment of the auction participation deposit; a digital copy of registration in the State Register of Waste Managers; and digital documents confirming the participant is not in liquidation, restructuring, or undergoing bankruptcy proceedings. Legal entities registered in the Lithuanian Register of Legal Entities do not need to submit additional documents (compliance will be verified via publicly available databases).
Where is the inspection location and how to arrange it?
Inspection takes place in Radviliškis. Specific inspection dates and contacts are provided through the seller (AB "LTG Cargo") or are outlined in the draft contract. Personal contact details have been removed from the public announcement.
Is the price inclusive of VAT?
The price is quoted without VAT. Detailed VAT and general payment procedures are described in the draft contract.
Where can I find the draft contract and more specific terms for the asset?
The draft contract is available online at: http://doc.ltg.lt/lt/skelbimai/Sutarties%20projektas%20(Metalo%20lau%C5%BEas)%20Bendras.docx. All specific terms for the asset, payment conditions, and takeover requirements are detailed in this document.