📝 Description
AB "LTG Infra" is selling approximately 324.7 tonnes of used railway scrap metal located in the Kaunas region via auction. This is a significant opportunity for metal recycling and procurement companies to acquire a large volume of secondary raw materials directly from the primary supplier. The starting price for this lot is set at 74681 EUR, exclusive of VAT.
The online auction will begin on 2026-07-01 09:00:00 and will close on 2026-07-02 13:59:59. Registration for participants runs from 2026-06-26 00:00:00 until 2026-06-29 23:59:59.
To officially participate, a guarantee deposit of 1500 EUR must be paid. This deposit must be transferred to the AB "LTG Infra" account LT21 7300 0101 5917 5126.
To confirm identity and meet requirements, participants must submit three documents: 1. Proof of payment for the Auction Participant guarantee deposit; 2. A digital copy confirming registration in the State Register of Waste Handlers; 3. A digital copy confirming the participant is not undergoing liquidation, restructuring, bankruptcy proceedings, or out-of-court bankruptcy procedures. Participants registered in the Register of Legal Entities of the Republic of Lithuania are exempt from submitting points 2 and 3, as this information will be verified publicly.
Conditions for inspecting the object and general payment terms are detailed in the draft agreement, linked in the announcement. Please refer to the draft contract for specifics regarding site inspection.
The entity responsible for this asset is UAB "LTG Kompetencijų centras" (company code 307037118).
The online auction will begin on 2026-07-01 09:00:00 and will close on 2026-07-02 13:59:59. Registration for participants runs from 2026-06-26 00:00:00 until 2026-06-29 23:59:59.
To officially participate, a guarantee deposit of 1500 EUR must be paid. This deposit must be transferred to the AB "LTG Infra" account LT21 7300 0101 5917 5126.
To confirm identity and meet requirements, participants must submit three documents: 1. Proof of payment for the Auction Participant guarantee deposit; 2. A digital copy confirming registration in the State Register of Waste Handlers; 3. A digital copy confirming the participant is not undergoing liquidation, restructuring, bankruptcy proceedings, or out-of-court bankruptcy procedures. Participants registered in the Register of Legal Entities of the Republic of Lithuania are exempt from submitting points 2 and 3, as this information will be verified publicly.
Conditions for inspecting the object and general payment terms are detailed in the draft agreement, linked in the announcement. Please refer to the draft contract for specifics regarding site inspection.
The entity responsible for this asset is UAB "LTG Kompetencijų centras" (company code 307037118).
❓ Frequently asked questions
What is the starting price for this railway scrap metal?
The starting price is 74681 EUR, stated exclusive of VAT.
When is the auction for the 324.7 t of scrap metal taking place?
The auction starts on 2026-07-01 09:00:00 and ends on 2026-07-02 13:59:59.
What is the required guarantee deposit for auction participation in the Kaunas region?
The guarantee deposit is 1500 EUR, payable to the AB "LTG Infra" account LT21 7300 0101 5917 5126.
When must I register to participate in the scrap metal auction?
Registration is open from 2026-06-26 00:00:00 until 2026-06-29 23:59:59.
What additional requirements apply to potential participants besides registration?
Participants must provide proof of the paid guarantee deposit and documents confirming registration in the State Register of Waste Handlers and financial stability (i.e., not being in liquidation or bankruptcy).
Who is the seller and organizer of this asset?
The seller is AB "LTG Infra", and the organizer is UAB "LTG Kompetencijų centras" (company code 307037118).
Where can I find detailed conditions for inspection and payment?
Detailed conditions for inspection and payment are specified in the draft agreement, the link to which is provided in the announcement.