📝 Description
AB "LTG Infra" is selling approximately 19 tons of unsorted scrap metal in Vilnius via an initial auction. This is a good opportunity to acquire a large quantity of material directly from a trusted source. This asset sale is categorized under Other Assets, as it involves waste material and lacks a specific real estate address.
The starting price for this auction process is set at 3610 EUR. The final price will be determined at the end of the auction and will be quoted exclusive of VAT.
Participation requires meeting specific waste management criteria. Bidders must submit proof of payment for the Auction Participant's cash deposit, along with documents confirming registration in the State Register of Waste Managers. Further documentation is needed to verify that the bidder is not undergoing liquidation, restructuring, or bankruptcy. Bidders registered in the Register of Legal Entities of the Republic of Lithuania do not need to provide certain documents, as this information will be verified publicly.
Regarding financial terms, registration opens on 2026-03-31 00:00:00 and closes on 2026-04-01 23:59:59. The auction itself runs from 2026-04-03 09:00:00 until 2026-04-07 13:59:59. The mandatory Guarantee Fee is 50 EUR, which must be transferred to the AB "LTG Infra" account LT21 7300 0101 5917 5126.
Payment terms are detailed in the draft agreement available at doc.ltg.lt/lt/skelbimai/Sutartis (ML).docx. More details regarding asset inspection are provided via the Direct Representative listed in the inspection section.
The starting price for this auction process is set at 3610 EUR. The final price will be determined at the end of the auction and will be quoted exclusive of VAT.
Participation requires meeting specific waste management criteria. Bidders must submit proof of payment for the Auction Participant's cash deposit, along with documents confirming registration in the State Register of Waste Managers. Further documentation is needed to verify that the bidder is not undergoing liquidation, restructuring, or bankruptcy. Bidders registered in the Register of Legal Entities of the Republic of Lithuania do not need to provide certain documents, as this information will be verified publicly.
Regarding financial terms, registration opens on 2026-03-31 00:00:00 and closes on 2026-04-01 23:59:59. The auction itself runs from 2026-04-03 09:00:00 until 2026-04-07 13:59:59. The mandatory Guarantee Fee is 50 EUR, which must be transferred to the AB "LTG Infra" account LT21 7300 0101 5917 5126.
Payment terms are detailed in the draft agreement available at doc.ltg.lt/lt/skelbimai/Sutartis (ML).docx. More details regarding asset inspection are provided via the Direct Representative listed in the inspection section.
❓ Frequently asked questions
What is the starting price for approximately 19 tons of unsorted scrap metal in Vilnius?
The starting price is 3610 EUR. The final price will be set during the auction and quoted without VAT.
When is the scrap metal auction taking place?
The auction starts on 2026-04-03 09:00:00 and ends on 2026-04-07 13:59:59.
What is the registration period for interested auction participants?
Registration runs from 2026-03-31 00:00:00 to 2026-04-01 23:59:59.
What is the mandatory Guarantee Fee and which account should it be transferred to?
The Guarantee Fee is 50 EUR. It must be paid to the AB "LTG Infra" account LT21 7300 0101 5917 5126.
What additional requirements does the seller have for participants who are not registered legal entities?
Proof of registration in the State Register of Waste Managers and documents confirming the company's financial stability (not being under liquidation or bankruptcy) are required.
Who is organizing this asset (scrap metal) sale?
The seller is AB "LTG Infra", organized by UAB "LTG Kompetencijų centras", company code 307037118.