📝 Description
AB "LTG Cargo" is holding a public secondary auction for approximately 6 tons of steel shavings scrap located in Vilnius. This sale targets recycling and metal scrap businesses.
The seller plans to weigh the asset on the AB "LTG Cargo" site using certified scales to ensure the buyer receives the accurate weight.
Registration for auction participation is open from 2026-04-17 00:00:00 until 2026-04-20 23:59:59. The auction itself starts at 2026-04-22 09:00:00, with a starting bid of 1060 EUR, and concludes at 2026-04-23 13:59:59.
Strict eligibility requirements are in place regarding waste management. Participants must submit proof of payment for the 30 EUR Guarantee Fee (deposit paid to AB "LTG Cargo" account LT57 7300 0101 5725 9989). Additionally, a digital copy of the document confirming the participant's registration in the State Register of Waste Handlers is required, along with documentation proving the participant is not undergoing liquidation, restructuring, or bankruptcy. For legal entities, these checks may be performed publicly via the Register of Legal Entities.
The detailed sales and legal conditions are provided in the draft agreement found at https://doc.ltg.lt/lt/skelbimai/Sutartis (ML).docx. The quoted price is exclusive of VAT. Viewing the scrap is possible; contact the specified person for details.
The seller plans to weigh the asset on the AB "LTG Cargo" site using certified scales to ensure the buyer receives the accurate weight.
Registration for auction participation is open from 2026-04-17 00:00:00 until 2026-04-20 23:59:59. The auction itself starts at 2026-04-22 09:00:00, with a starting bid of 1060 EUR, and concludes at 2026-04-23 13:59:59.
Strict eligibility requirements are in place regarding waste management. Participants must submit proof of payment for the 30 EUR Guarantee Fee (deposit paid to AB "LTG Cargo" account LT57 7300 0101 5725 9989). Additionally, a digital copy of the document confirming the participant's registration in the State Register of Waste Handlers is required, along with documentation proving the participant is not undergoing liquidation, restructuring, or bankruptcy. For legal entities, these checks may be performed publicly via the Register of Legal Entities.
The detailed sales and legal conditions are provided in the draft agreement found at https://doc.ltg.lt/lt/skelbimai/Sutartis (ML).docx. The quoted price is exclusive of VAT. Viewing the scrap is possible; contact the specified person for details.
❓ Frequently asked questions
What is the starting price for the steel shavings scrap and the required guarantee fee?
The starting price is 1060 EUR. The mandatory guarantee fee amounts to 30 EUR.
When does the auction close and when was registration open?
The auction concludes on 2026-04-23 13:59:59. Participant registration runs from 2026-04-17 00:00:00 to 2026-04-20 23:59:59.
Where is the asset located and where will the weighing take place?
The steel shavings scrap is being sold in Vilnius. Weighing will occur on AB "LTG Cargo" premises using certified scales.
What are the main requirements for auction participants?
Participants must have registration in the State Register of Waste Handlers and confirm they are solvent (not being liquidated or bankrupt). Payment of the guarantee deposit is also mandatory.
Who is the seller and organizer of the auction?
The seller is AB "LTG Cargo", and the auction organizer is UAB "LTG Kompetencijų centras" (company code 307037118).
Is VAT included in the auction price?
The listed price is net of VAT. Further taxation details are in the draft agreement.