25.05.2015

Bidding on federal privatization Sold 100% of shares of OJSC “Road Operation Enterprise № 44» and 49% of shares of OJSC “Elektropribor”

On 25 May the Auction House of the Russian Federation (OJSC AHRF) held two auctions for the sale of federal blocks of shares of the forecast plan for privatization of 2014–2016:

1. 100% of OJSC “Road Operational Enterprise № 44”.
5 bidders took part in the auction.
Auction Winner – LLC “Road Repair Construction Site-1”.
Sale price – 28,739,000 rubles.

2. 49% of OJSC “ELEKTROPRIBOR”.
2 bidders took part in the auction.
Auction Winner – LLC “Logistics of Security”.
Sale price – 21,030,000 rubles.

“In the conditions of crisis market the results of today's bidding are good.
Both Companies are acquired by specialized investors, which is particularly important , taking into account the trend for preservation and development of construction and industrial enterprises” (Olga Sokolova, Deputy General Director of the Auction House of the Russian Federation).

For reference:
OJSC “Road Operation Enterprise № 44” (Smolensk Region) – the organization is engaged in construction and maintenance of roads and artificial structures.
The company is the general contractor for the maintenance of federal roads network with length of 603 km and is a subcontractor for the maintenance of the highways P-120 (Orel-Bryansk- Smolensk) and A-130 (Moscow-Maloyaroslavets-Roslavl’).

OJSC “ELEKTROPRIBOR” (St. Petersburg) – produce a wide range of products for industrial enterprises , medical and educational institutions, government and commercial organizations , consumer market , etc.
Production of the plant is delivered to different regions of Russia , CIS countries and abroad.

OJSC the Auction House of the Russian Federation is included in the list of sellers of federal property by the Order of the Russian Federation Government of 25 October , 2010 № 1874-p. In 2013 the company was transferred for sale the first tranche of state-owned blocks of shares of companies of different economic industries.
For today OJSC AHRF have sold this sector 21 blocks of shares , including shares of the “Anapa” airport , UAZ , Irtysh Shipping Company and others.
Currently for sale are being prepared about 200 federal blocks of shares of companies included in the forecast plan for privatization for 2014–2016.
The sale of these assets should substantially replenish the state treasury during the period of investment instability.
OJSC AHRF have considerable experience in selling of state , federal and regional property. Within the framework of privatization the company is cooperating with the Federal Government , with the Governments of Moscow Region , Kazan’ , Khanty-Mansiysk Autonomous Area – Yugra.