The AHRF is chosen an official seller of municipal property of Nizhny Novgorod within the framework of privatization

On 17th of April, 2017 a Committee for City Property and Land Resources Management of Nizhny Novgorod summarized the results of a tender for choosing a specialized company, which will act as a seller of privatized property, owned by Nizhny Novgorod municipal settlement.
According to the results of the tender the Auction House of the Russian Federation (the AHRF) became a Winner.

A contract will be concluded with the company, under which terms the AHRF will hold the auctions for sale of region-owned blocks of shares, shares in authorized capital stock, real estate and land plots, including those for integrated development.
Besides, under the terms of this contract the AHRF will execute a full range of marketing and advertising events for the promotion of Nizhny Novgorod assets from the program of municipal privatization in the market, place the information about objects in mass media, present them at business events, property exhibitions and fairs, search for intending purchasers and hold biddings. The AHRF will provide a complete legal support of deals within the framework of this contract.

Among the objects included in privatization program there are 38.8% shares in JSC Nizhny Novgorod Cableways, created to build and operate a cable passenger way via Volga connected Nizhny Novgorod with Bor satellite town.
In other respects the list of assets scheduled to be privatized consists predominantly of detached buildings and non-residential premises in different districts of the city, as well as in Nizhny Novgorod Region, in particular, of property complexes of former military and industrial purposes.

The auctions will be held in intramural format, in Nizhny Novgorod Branch Office of the Auction House of the Russian Federation (33, Oktyabr’skaya St., Nizhny Novgorod) as well as in e-format at electronic platform of the AHRF (ETP AHRF).

“The Auction House of the Russian Federation has a long history of working in Nizhny Novgorod. Nizhny Novgorod Branch Office was the first regional project of the AHRF, which started in 2010 and since then has been dynamically developed. On the territory of the region the AHRF sells the property of the Ministry of Defense of the RF and its subsidiaries, assets of a number of state corporations, property in the interests of Sberbank, private property”, – tells Evgeny Kolosvetov, Head of Nizhny Novgorod platform of the AHRF.

For reference:
The Auction House of the Russian Federation (the AHRF) holds biddings for privatization of state property throughout Russia, both within the framework of instructions of the Government of the RF and within the framework of cooperation with Russian regions. Among the customers of the AHRF are: Moscow, Moscow Region, Saint Petersburg, Khanty-Mansiysk Autonomous Area – Yugra, Yaroslavl’, Samara, Tver’.
    For today a total amount of the AHRF deals with the state property is 63.4 billion rubles.