📝 Description
AB "LTG Infra" is holding a public electronic auction to sell a large volume of used railway scrap metal. This offering targets potential investors involved in scrap metal processing and handling within the Šiauliai region.
The volume of rails available is approximately 1200 tons (t.), with a starting price set at 276000 EUR. Note that this quoted price excludes VAT. Participants are required to submit a 5000 EUR security deposit, transferred to the AB "LTG Infra" account LT21 7300 0101 5917 5126. Full payment terms are detailed in the draft contract.
Registration for the auction is open from 2026-05-07 00:00:00 until 2026-05-08 23:59:59. The auction itself will run from 2026-05-12 09:00:00 to 2026-05-13 13:59:59.
Successful bidders must meet specific documentation requirements: proof of payment of the Auction Participant monetary deposit is mandatory. Participants must also submit digital copies of documents confirming registration in the State Register of Waste Handlers and affirmation that they are not subject to liquidation, restructuring, or bankruptcy proceedings (unless publicly registered in the Register of Legal Entities).
Detailed draft contract documents are available via the specified link. While no mandatory inspection dates are stipulated, the organizer can provide information regarding viewing opportunities.
The volume of rails available is approximately 1200 tons (t.), with a starting price set at 276000 EUR. Note that this quoted price excludes VAT. Participants are required to submit a 5000 EUR security deposit, transferred to the AB "LTG Infra" account LT21 7300 0101 5917 5126. Full payment terms are detailed in the draft contract.
Registration for the auction is open from 2026-05-07 00:00:00 until 2026-05-08 23:59:59. The auction itself will run from 2026-05-12 09:00:00 to 2026-05-13 13:59:59.
Successful bidders must meet specific documentation requirements: proof of payment of the Auction Participant monetary deposit is mandatory. Participants must also submit digital copies of documents confirming registration in the State Register of Waste Handlers and affirmation that they are not subject to liquidation, restructuring, or bankruptcy proceedings (unless publicly registered in the Register of Legal Entities).
Detailed draft contract documents are available via the specified link. While no mandatory inspection dates are stipulated, the organizer can provide information regarding viewing opportunities.
❓ Frequently asked questions
What is the starting price for this used railway scrap, and does it include VAT?
The starting price is 276000 EUR, but it is stated that the price is exclusive of VAT.
When will the auction for the railway rails take place?
The auction starts on 2026-05-12 09:00:00 and ends on 2026-05-13 13:59:59.
What is the required security deposit for auction participation?
The mandatory security deposit is 5000 EUR, which must be paid into the AB "LTG Infra" account.
Where is the railway scrap being sold?
The used railway rails are located in the Šiauliai region.
What are the main documents required for auction registration?
Proof of payment of the security deposit, documents confirming registration in the Waste Handlers Register, and confirmation that no bankruptcy or liquidation procedures are underway (unless publicly registered in specified databases) are required.
What is the total quantity of scrap metal being offered?
Approximately 1200 tons (t.) of used railway rails are for sale.
Who is the organizer of this auction?
The auction is organized by UAB "LTG Kompetencijų centras", company code 307037118.