📝 Description
AB "LTG Cargo" is selling approximately 20 tons (20 t) of non-sorted scrap metal via auction in Vilnius. This asset is categorized as Other Property (Initial Other Auctions).
The starting price is set at 3800 EUR, excluding VAT. Participants must pay a mandatory security deposit of 100 EUR. This deposit must be transferred to AB "LTG Cargo" account LT57 7300 0101 5725 9989.
The auction opens on 2026-04-22 09:00:00 and closes on 2026-04-23 13:59:59. Registration is open from 2026-04-17 00:00:00 until 2026-04-20 23:59:59.
Key sales conditions involve the weighing process for the scrap. Weighing will take place on AB "LTG Cargo" territory using metrologically verified scales. Further details are provided in the draft contract.
To participate, bidders must submit three documents: 1. Proof of payment for the Auction Participant's cash deposit. 2. A digital copy of the document confirming the bidder's registration in the State Register of Waste Handlers. 3. A digital copy confirming the bidder is not undergoing liquidation, reorganization, bankruptcy proceedings, or out-of-court bankruptcy procedures. Bidders registered in the Register of Legal Entities of the Republic of Lithuania do not need to provide proof for points 2 and 3, as this information will be checked publicly.
More details regarding payment deadlines and specifics can be found in the linked draft contract: https://doc.ltg.lt/lt/skelbimai/Sutartis (ML).docx.
The starting price is set at 3800 EUR, excluding VAT. Participants must pay a mandatory security deposit of 100 EUR. This deposit must be transferred to AB "LTG Cargo" account LT57 7300 0101 5725 9989.
The auction opens on 2026-04-22 09:00:00 and closes on 2026-04-23 13:59:59. Registration is open from 2026-04-17 00:00:00 until 2026-04-20 23:59:59.
Key sales conditions involve the weighing process for the scrap. Weighing will take place on AB "LTG Cargo" territory using metrologically verified scales. Further details are provided in the draft contract.
To participate, bidders must submit three documents: 1. Proof of payment for the Auction Participant's cash deposit. 2. A digital copy of the document confirming the bidder's registration in the State Register of Waste Handlers. 3. A digital copy confirming the bidder is not undergoing liquidation, reorganization, bankruptcy proceedings, or out-of-court bankruptcy procedures. Bidders registered in the Register of Legal Entities of the Republic of Lithuania do not need to provide proof for points 2 and 3, as this information will be checked publicly.
More details regarding payment deadlines and specifics can be found in the linked draft contract: https://doc.ltg.lt/lt/skelbimai/Sutartis (ML).docx.
❓ Frequently asked questions
What is the starting price for the 20 tons of non-sorted scrap metal at the Vilnius auction?
The starting price is set at 3800 EUR. This price is quoted exclusive of VAT.
When does this AB "LTG Cargo" scrap auction take place?
The auction starts on 2026-04-22 09:00:00 and ends on 2026-04-23 13:59:59.
What is the required security deposit for auction participation?
The mandatory security deposit is 100 EUR. It must be transferred to AB "LTG Cargo" account LT57 7300 0101 5725 9989.
When can one register for this asset auction?
Registration opens on 2026-04-17 00:00:00 and closes on 2026-04-20 23:59:59.
What requirement is related to waste handling for participants?
Participants must be registered in the State Register of Waste Handlers and submit a digital copy of the document, unless the information can be verified publicly.
Where will the weighing of the scrap metal being sold take place?
Weighing will occur on AB "LTG Cargo" territory using metrologically verified scales.