Elektrom factory in Cheboksary is offered for sale with up to 50% discount

The Auction House of the Russian Federation (AHRF) scheduled biddings as a part of Elektrom Ltd bankruptcy procedure.
For sale offered one of the leading manufacturers of electrical equipment for machines (production of starters and generators for all types of automotive, tractor and agricultural machines, marine diesels and others).
The Lot includes: a plot with an area of 1.7 ha, production and warehouse buildings with a total area of 9.2 thousand sq. m and equipment.

Address: 101, Traktorostroiteley Ave, Cheboksary, Chuvash Republic.
The Object is located in industrial district of the city, near R-176 Vyatka and M-7 Volga federal highways, not far from the airport and Cheboksary-1 railway station.

The biddings will be held through public offer at the ETP AHRF Electronic Trading Platform during the period from 21st November till 26th December. During this period the price will be reducing step by step.
The bidding started from 157 million rubles.
For today the price is reduced to 96.4 million rubles.
Minimum price – 81.9 million rubles.

Proceeds after sale of the asset will go for clearing a debt of Gazprombank JSC lien creditor.

Earlier the factory’s production was supplied to KAMAZ, YaMZ-Avtodizel, UMZ, VMTZ, ChTZ-Uraltrak, Likinskiy Bus, NEFAZ, Volzhanin enterprises.

For detailed information about the Object of sale please see the website of the Auction House of the Russian Federation (AHRF)