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«The Auction House of the Russian Federation» — is a joint project of Sberbank of Russia and the Property Fund of Saint Petersburg. The Auction House was created to organise sales of mortgaged assets of private investors, assets of bankrupt companies, state-owned corporations, pieces of art, jewelry and antique items. «The Auction House of the Russian Federation» established on August 19, 2009 in accordance with the order of the Russian Federation Government, №1186-р.
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