📝 Description
AB "LTG Infra" is organizing a primary sale of scrap metal from the secondary auction category. Approximately 67 tons of mounting hardware scrap, located in the Vilnius and Kaunas regions, will be sold. The starting price for this public auction is 14740 EUR. This offering targets recyclers and businesses seeking a large volume of metal scrap. The purchase price quoted excludes VAT. All rules related to the auction are detailed in the draft agreement, accessible via the provided link.
Participants must meet specific waste management requirements. Every bidder must submit three documents: 1. Proof of payment for the Auction Bidder deposit; 2. A digital copy confirming registration in the State Register of Waste Handlers; 3. A digital copy confirming the bidder is not undergoing liquidation, restructuring, bankruptcy proceedings, or non-court bankruptcy procedures.
For bidders registered in the Register of Legal Entities of the Republic of Lithuania, items 2 and 3 are waived, as this information will be verified via publicly accessible databases at no cost. The deposit must be paid into AB "LTG Infra" account LT21 7300 0101 5917 5126.
IMPORTANT DATES:
Auction starts: 2026-07-17 09:00:00
Auction ends: 2026-07-20 13:59:59
Registration starts: 2026-07-14 00:00:00
Registration ends: 2026-07-15 23:59:59
Property inspection terms are outlined in the draft agreement. Detailed purchasing and payment terms are also described there.
Participants must meet specific waste management requirements. Every bidder must submit three documents: 1. Proof of payment for the Auction Bidder deposit; 2. A digital copy confirming registration in the State Register of Waste Handlers; 3. A digital copy confirming the bidder is not undergoing liquidation, restructuring, bankruptcy proceedings, or non-court bankruptcy procedures.
For bidders registered in the Register of Legal Entities of the Republic of Lithuania, items 2 and 3 are waived, as this information will be verified via publicly accessible databases at no cost. The deposit must be paid into AB "LTG Infra" account LT21 7300 0101 5917 5126.
IMPORTANT DATES:
Auction starts: 2026-07-17 09:00:00
Auction ends: 2026-07-20 13:59:59
Registration starts: 2026-07-14 00:00:00
Registration ends: 2026-07-15 23:59:59
Property inspection terms are outlined in the draft agreement. Detailed purchasing and payment terms are also described there.
❓ Frequently asked questions
What is the starting price for the scrap metal and the quantity being sold?
The starting price for the mounting hardware scrap is 14740 EUR. Approximately 67 tons of this asset, located in the Vilnius and Kaunas region, will be offered for sale.
When is the auction held and when does registration close?
The auction starts on 2026-07-17 09:00:00 and ends on 2026-07-20 13:59:59. Registration closes on 2026-07-15 23:59:59.
What is the additional fee required for participation?
The mandatory guarantee deposit is 200 EUR. This deposit is payable to the AB "LTG Infra" account: LT21 7300 0101 5917 5126.
Where can I find detailed purchase and inspection terms?
All terms regarding purchase, payment, and detailed inspection conditions are specified in the draft agreement, linked within the announcement.
What documents must auction participants provide?
Participants must submit proof of payment of the guarantee deposit and documents confirming registration in the State Register of Waste Handlers and compliance with insolvency criteria (unless already registered in the Register of Legal Entities).
Who is organizing this asset sale?
The auction is organized by UAB "LTG Kompetencijų centras" (company code 307037118), and the seller is AB "LTG Infra".
Is the quoted price final?
No, the starting price shown is exclusive of VAT, as detailed in the payment terms and the draft agreement.