📝 Description
AB "LTG Cargo" is selling approximately 3 tons of cast iron scrap via auction. The material is located at A.Juozapavičiaus pr. 118A in Kaunas. This presents a solid investment opportunity for those interested in metallurgy or recycling. The item is classified as Other Property, and the sale method is the First Other Auctions category.
The auction opens on 2026-05-08 09:00:00 and closes on 2026-05-11 13:59:59. Registration for participation is open from 2026-05-05 00:00:00 until 2026-05-06 23:59:59. The initial selling price is 675 EUR. Buyers must submit a 25 EUR security deposit.
Important conditions for the buyer: Contracts will be signed using an electronic signature. You must provide documents proving payment of the Auction Participant's financial contribution and confirming that the Participant is not undergoing liquidation, restructuring, or bankruptcy proceedings. If the participant is registered in the Register of Legal Entities of the Republic of Lithuania, the required registration documents will be verified publicly instead.
The security deposit must be transferred to account LT577300010157259989. The final price is quoted exclusive of VAT; payment terms are detailed in the draft contract. Specific times for physical inspection of the property through the listed contact persons are not detailed, but contact personnel are provided for inquiries.
The auction opens on 2026-05-08 09:00:00 and closes on 2026-05-11 13:59:59. Registration for participation is open from 2026-05-05 00:00:00 until 2026-05-06 23:59:59. The initial selling price is 675 EUR. Buyers must submit a 25 EUR security deposit.
Important conditions for the buyer: Contracts will be signed using an electronic signature. You must provide documents proving payment of the Auction Participant's financial contribution and confirming that the Participant is not undergoing liquidation, restructuring, or bankruptcy proceedings. If the participant is registered in the Register of Legal Entities of the Republic of Lithuania, the required registration documents will be verified publicly instead.
The security deposit must be transferred to account LT577300010157259989. The final price is quoted exclusive of VAT; payment terms are detailed in the draft contract. Specific times for physical inspection of the property through the listed contact persons are not detailed, but contact personnel are provided for inquiries.
❓ Frequently asked questions
What is the starting price established for the cast iron scrap auction?
The starting price for the auction is 675 EUR. The price is quoted exclusive of VAT.
When does registration for the Kaunas auction close?
Registration for participation closes on 2026-05-06 23:59:59.
When will this AB "LTG Cargo" scrap metal auction take place?
The auction starts on 2026-05-08 09:00:00 and ends on 2026-05-11 13:59:59.
What is the required security deposit for participating in the auction?
The participant security deposit required is 25 EUR. It must be transferred to account LT577300010157259989.
What property is being sold and where is it located?
Approximately 3 tons of cast iron scrap is being sold, located at A.Juozapavičiaus pr. 118A in Kaunas.
What document must be signed after winning the auction?
Contracts will be signed using an electronic signature; the draft contract is available via the provided link.
Who is organizing this property sale?
The property sale is organized by UAB "LTG Kompetencijų centras", company code 307037118.