Peak biddings took place at the Electronic Trading Platform of the AHRF! In Mga Settlement, Leningrad Region, 168 railway cars were sold with a peak excess of the starting price up to 500%

On 25th of April the Auction House of the Russian Federation (the AHRF) held unprecedented biddings within the framework of bankruptcy procedure. For sale the property of LLC RosStroyMekhanizatsiya, which earlier was engaged in rail transportation, was offered.

At the auction 168 lots – a railroad rolling stock (track laying cranes, locomotives, diesel cars, platforms, dump cars and others) – were sold.

1,300 applications for participation in the auction were registered. In average up to 10 bidders claimed each lot.

During a busy struggle the bidders increased the lot value by 50-500%.

According to the auction results the total price of all lots was 66.7 million rubles (the total starting price was 28.6 million rubles).

The biddings took place at the ETP AHRF (lot-online.ru).

“Most assets under bankruptcy procedure are sold at retenders or biddings through a public offering. This biddings – a nice example of the fact that assets under bankruptcy procedure can be sold at first biddings and even with a significant excess!”, – says Olga Zheludkova, Head of Department for Work with Troubled and Non-Core Assets.