11.01.2012

Auction scheduled for the sale of 100% of shares in the Yugoria state insurance company

On 11 June, the Auction House of the Russian Federation will hold auctions for the sale of 100% of shares in the Yugoria state insurance company. The sale will take place by order of the KHMAO government.

At the auction, 1 833 323 ordinary registered uncertified shares will be on sale, which make up 100% of the charter capital of the Company.
Starting price – 5 200 000 000 rub.
Auction step – 260 000 000 rub.

The Yugoria state insurance company was founded in 1997, and carries out activity in 18 types of insurance and reinsurance. At present, the company works in 64 regions of Russia, and has 65 regional branches, and over 220 agencies. The branches account for around 80% of the total volume of insurance premiums. The sole shareholder of the company is the Khanty-Mansiisk autonomous okrug.

Yugoria is one of the leading Russian insurance companies. It holds 16th place among the leaders of the Russian insurance market, and has a high reliability rating of A+ (very high level of reliability), which was confirmed in April 2010 by specialists at Expert RA.

Location of auction:
Moscow, Khrustalny per., d. 1, Auction House of the Russian Federation

Detailed information about the object can be found on the site of the Auction House of the Russian Federation:
http://auction-house.ru/lot/5171#item5172