28.11.2016

The State is searching for investors for the enterprises FOR THE PRODUCTION OF PRECIOUS METALS for industrial needs

For the first time for sale, within the framework of privatization, offered factories, carrying out the production of precious metals, Novosibirskiy Refinery and Shchyolkovskiy Plant of Secondary Precious Metals

On 27th of December the Auction House of the Russian Federation (the AHRF) will hold an auction for the sale two biggest refineries of Russia – Novosibirskiy Refinery and Shchyolkovskiy Plant of Secondary Precious Metals. The sale is carried out within the framework of the Order of the Government of the Russian Federation № 1419-р of 29.07.2014.
Both plants are operating; have the contracts for the products delivery to the biggest enterprises of Russia.

The subjects of biddings are 100% blocks of shares of the both enterprises.

Thus, the State transfers to private investors the major part of the market of precious metals processing for industrial needs. The major enterprise of this type – Priokskiy Plant of Nonferrous Metals.

The main activity of the plants offered for sale is a processing of industrial products in order to obtain precious metals, as well as production of articles made of precious metals for different industries.

The production of Novosibirskiy and Shchyolkovskiy plants is in high demand abroad, meets international standards and has necessary international certificates. It is evaluated by London Association of Precious Metals Market and is included in Good Delivery list.
Concurrently, the both plants need serious modernization and additional capitalization.

Starting price of the assets for the bidding

• 100% of shares of JSC Novosibirskiy Refinery.
Starting price – 880 million rubles
• 100% of shares of JSC Shchyolkovskiy Plant of Secondary Precious Metals.
Starting price – 1.214 billion rubles.
 
The assets include
JSC Shchyolkovskiy Plant of Secondary Precious Metals
Has 5 production workshops: in Moscow Region (Shchyolkovo town), in Saint Petersburg, in Samara, in Azov, in Kazan’.
Total area of all production buildings and structures – 69.7 thousand sq. m.
Total area of land plots, on which the real estate located – 18.5 ha.
Besides, the enterprise has two recreation centers in Rostov Region on the territory of the Pavlo-Ochakovskaya Spit and in Moscow Region in the village Turakovo district.

JSC Novosibirskiy Refinery
The plant located in Oktyabr’skiy District of Novosibirsk.
Total area of production buildings – 15.9 thousand sq. m.
Land plot area – 3.3 ha.

“This is a unique sale – for the first time the State offers for sale in open market such assets. We are sure that there will be no delay caused by investors.
The investments in nonferrous metals are evaluated by investment funds and investment banks as high-profitable and of low risk. This is an alternative for investments to real estate and in hard currencies. Herewith, in spite of a high potential of this market segment, the plants offered for sale need serious modernization and additional capitalization. A production capacity are not fully used, there is an urgent need for an expert management of the enterprises, market expansion and attraction of new raw materials suppliers. Effective investments in capacities of the enterprises will allow them in short terms to take a significant Russian market share and to consolidate their positions in foreign markets.
For investors a purchase of 100% stocks of shares – the best possibility to ensure their investments, in optimum terms to reequip outdated productions and to move the plants into a new level”,says Andrey Stepanenko, General Director of the AHRF.

For reference
Shchyolkovskiy and Novosibirskiy refineries carry out processing of industrial products in order to extract precious metals out, as well as production of standard and weighted bullion bars of precious metals, processing of waste and scrap of precious metals, manufacturing of silver-based hi-tech salt and powder products (used in pharmaceutical, chemical and other sectors), wholesale of gold and of other precious metals.
The products are used in manufacturing of the following: electric contacts, current sources, catalysts, medicines and so on.