Nizhny Novgorod office realizes 13 vehicles at auction

On 17 July, the Nizhny Novgorod office of the Auction House of the Russian Federation held an auction for the sale of vehicles on deposit with Sberbank of Russia.

A total of 13 vehicles were put up for Dutch auction. The owner of seven of them was the Variant Argo agro-industrial holding company. The others were owned by the Vladeks trade house. All the vehicles were sold with the agreement of the deposit holder, Sberbank of Russia.
The funds from the auction will go towards paying off the companies’ debts to the bank.
The items of auction up were vehicles of various brands manufactured from 2000 to 2008. They included the light vehicles KIA Spektra and Ford Mondeo , a KAMAZ tow truck, vans, a moving advertising billboards etc.
This is not the first experience of the AHR in selling vehicles at auction. One of the first lots sold on the electronic platform of the Auction House of the Russian Federation Lot-online.ru (in November 2010) was 12 vehicles of the Volvo brand owned by the Smolninskoe auto transport enterprise.