📝 Description
AB "LTG Infra" is selling approximately 500 tons of used fasteners, classified as metal scrap, via an initial auction in the Šiauliai region. This is a significant opportunity for companies involved in waste metal management to acquire a large volume of material. The starting bid for the auction is set at 110000 EUR, excluding VAT.
The auction timeline involves registration opening on 2026-05-08 00:00:00 and closing on 2026-05-11 23:59:59. The actual public electronic trading phase, where bids can be submitted, will run from 2026-05-13 09:00:00 until 2026-05-14 13:59:59.
Prospective participants must pay a security deposit of 2000 EUR to AB "LTG Infra" account (LT21 7300 0101 5917 5126). Applicants need to submit documents verifying compliance with waste handler requirements, including registration in the State Register of Waste Handlers and proof that the participant is not undergoing liquidation or bankruptcy. Participants registered in the Register of Legal Entities of the Republic of Lithuania are exempt from submitting these verification documents.
Sale conditions, including the draft Purchase and Sale Agreement, are available at: https://doc.ltg.lt/lt/skelbimai/Tvirtinimo%20detal%C4%97s%20%C5%A0iauliai.docx?_gl=1*14sng3x*_ga*MTM3NzU2NTQ2NS4xNzY1NDM2Mjcx*_ga_94QCJKTK8Y*czE3Nzc1MjE2MjEkbzUwJGcxJHQxNzc3NTIyODM2JGo2MCRsMCRoMA.. For details regarding the assets or viewing opportunities, refer to the contact section; a specific physical address is not provided in the auction documents.
The auction timeline involves registration opening on 2026-05-08 00:00:00 and closing on 2026-05-11 23:59:59. The actual public electronic trading phase, where bids can be submitted, will run from 2026-05-13 09:00:00 until 2026-05-14 13:59:59.
Prospective participants must pay a security deposit of 2000 EUR to AB "LTG Infra" account (LT21 7300 0101 5917 5126). Applicants need to submit documents verifying compliance with waste handler requirements, including registration in the State Register of Waste Handlers and proof that the participant is not undergoing liquidation or bankruptcy. Participants registered in the Register of Legal Entities of the Republic of Lithuania are exempt from submitting these verification documents.
Sale conditions, including the draft Purchase and Sale Agreement, are available at: https://doc.ltg.lt/lt/skelbimai/Tvirtinimo%20detal%C4%97s%20%C5%A0iauliai.docx?_gl=1*14sng3x*_ga*MTM3NzU2NTQ2NS4xNzY1NDM2Mjcx*_ga_94QCJKTK8Y*czE3Nzc1MjE2MjEkbzUwJGcxJHQxNzc3NTIyODM2JGo2MCRsMCRoMA.. For details regarding the assets or viewing opportunities, refer to the contact section; a specific physical address is not provided in the auction documents.
❓ Frequently asked questions
What is the starting price for the auction of used fasteners?
The starting auction price is 110000 EUR. This price is quoted exclusive of VAT.
When will the public electronic auction take place?
The auction will begin on 2026-05-13 09:00:00 and close on 2026-05-14 13:59:59.
What is the required security deposit for participation?
The participant security deposit is 2000 EUR, payable to the AB "LTG Infra" account.
How much material is being sold in the auction?
Approximately 500 tons of used fasteners, classified as scrap metal, are for sale.
What additional conditions apply to participants purchasing scrap metal?
Participants must be registered in the State Register of Waste Handlers and provide documentation confirming they are not in bankruptcy proceedings (unless they are legal entities publicly verifiable).
Where can I find more detailed purchase and sale conditions?
The draft agreement and detailed conditions are accessible via this link: https://doc.ltg.lt/lt/skelbimai/Tvirtinimo%20detal%C4%97s%20%C5%A0iauliai.docx?_gl=1*14sng3x*_ga*MTM3NzU2NTQ2NS4xNzY1NDM2Mjcx*_ga_94QCJKTK8Y*czE3Nzc1MjE2MjEkbzUwJGcxJHQxNzc3NTIyODM2JGo2MCRsMCRoMA..