📝 Description
AB "LTG Infra" is selling a substantial amount—approximately 275 tons—of used railway scrap metal via auction in the Šiauliai region. This offers a significant investment opportunity in a large volume of metal scrap.
The starting price for this sale is set at 63250 EUR. The auction will operate based on competitive bidding, opening on 2026-07-01 09:00:00 and closing on 2026-07-02 13:59:59. Participant registration is open from 2026-06-26 00:00:00 until 2026-06-29 23:59:59.
To participate, bidders must pay a Deposit fee of 1250 EUR. This fee must be transferred to AB "LTG Infra" account LT21 7300 0101 5917 5126.
Required documents for participation include: 1. Proof of payment for the Auction Participation Deposit; 2. Documents confirming registration in the State Register of Waste Managers (digital copy); 3. Documents verifying that the bidder is not undergoing liquidation or restructuring, and no bankruptcy proceedings have been initiated against them (digital copy). Bidders registered in the Lithuanian Legal Entities Register do not need to submit supplemental documents as this information is publicly verifiable.
The stated price is exclusive of VAT. Detailed terms for property inspection and payment conditions are specified in the draft agreement provided within the announcement.
The starting price for this sale is set at 63250 EUR. The auction will operate based on competitive bidding, opening on 2026-07-01 09:00:00 and closing on 2026-07-02 13:59:59. Participant registration is open from 2026-06-26 00:00:00 until 2026-06-29 23:59:59.
To participate, bidders must pay a Deposit fee of 1250 EUR. This fee must be transferred to AB "LTG Infra" account LT21 7300 0101 5917 5126.
Required documents for participation include: 1. Proof of payment for the Auction Participation Deposit; 2. Documents confirming registration in the State Register of Waste Managers (digital copy); 3. Documents verifying that the bidder is not undergoing liquidation or restructuring, and no bankruptcy proceedings have been initiated against them (digital copy). Bidders registered in the Lithuanian Legal Entities Register do not need to submit supplemental documents as this information is publicly verifiable.
The stated price is exclusive of VAT. Detailed terms for property inspection and payment conditions are specified in the draft agreement provided within the announcement.
❓ Frequently asked questions
What is the starting price for the railway scrap metal auction in the Šiauliai region?
The starting price is 63250 EUR. Please note this price is quoted excluding VAT.
When will the auction for 275 tons of rails take place?
The auction starts at 2026-07-01 09:00:00 and ends on 2026-07-02 13:59:59.
How much is the Deposit fee required for participation?
The Deposit fee is 1250 EUR. It must be paid to AB "LTG Infra" account LT21 7300 0101 5917 5126.
What is the registration deadline for this scrap metal auction?
Registration opens on 2026-06-26 00:00:00 and closes on 2026-06-29 23:59:59.
What additional requirements does the organizer have for bidders besides the financial deposit?
Bidders must be registered in the State Register of Waste Managers and provide documentation confirming they are not in liquidation or bankruptcy (unless their data is publicly verifiable).
Where can I find the detailed sale and inspection terms?
Detailed terms, including the draft agreement and viewing information, are provided in the draft agreement linked in the announcement.