📝 Description
AB "LTG Cargo" is holding a public auction for approximately 4 tons of cast iron scrap in Vilnius. This is a good opportunity to acquire a substantial amount of metal scrap for recycling or resale, with clear terms for the sale.
All weight measurements for the auctioned asset will take place within AB "LTG Cargo" territory, using scales that have been metrologically verified. Potential buyers are strongly advised to review the draft contract, which details the purchase and sale conditions and responsibilities.
Participation in the auction requires following the established registration procedure. Those wishing to participate must pay a 30 EUR deposit, transferred to the AB "LTG Cargo" account LT57 7300 0101 5725 9989. The final sale price listed excludes VAT.
Buyers who are not registered legal entities in the Republic of Lithuania must submit three documents: 1. Proof of payment for the Auction Participant fee. 2. A digital copy of their registration document confirming enrollment in the State Register of Waste Managers. 3. A digital copy verifying that the participant is not in liquidation, restructuring, or subject to bankruptcy proceedings (court or non-court). Legal entities based in Lithuania are exempt from providing these documents for verification in public registers.
All weight measurements for the auctioned asset will take place within AB "LTG Cargo" territory, using scales that have been metrologically verified. Potential buyers are strongly advised to review the draft contract, which details the purchase and sale conditions and responsibilities.
Participation in the auction requires following the established registration procedure. Those wishing to participate must pay a 30 EUR deposit, transferred to the AB "LTG Cargo" account LT57 7300 0101 5725 9989. The final sale price listed excludes VAT.
Buyers who are not registered legal entities in the Republic of Lithuania must submit three documents: 1. Proof of payment for the Auction Participant fee. 2. A digital copy of their registration document confirming enrollment in the State Register of Waste Managers. 3. A digital copy verifying that the participant is not in liquidation, restructuring, or subject to bankruptcy proceedings (court or non-court). Legal entities based in Lithuania are exempt from providing these documents for verification in public registers.
❓ Frequently asked questions
What is the starting price for 4 tons of cast iron scrap in Vilnius?
The starting price is 900 EUR. Applicable VAT will be added to this price if required.
When is the auction taking place and when does registration close?
The auction runs from 2026-04-22 09:00:00 until 2026-04-23 13:59:59. Registration closes on 2026-04-20 23:59:59.
What is the mandatory deposit required to participate in the auction?
The mandatory deposit is 30 EUR. It must be paid to the AB "LTG Cargo" account LT57 7300 0101 5725 9989.
Where will the asset weighing occur and how reliable is it?
Asset weighing will take place within AB "LTG Cargo" territory using metrologically verified scales.
What additional conditions apply to participants who are not Lithuanian legal entities?
Participants must provide documents confirming registration in the State Register of Waste Managers and proof that they are not in liquidation, restructuring, or bankruptcy.
Where can I find the detailed purchase and sale obligations?
It is essential to review the draft contract available at https://doc.ltg.lt/lt/skelbimai/Sutartis(ML).docx.