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WhatWood Blog Woodworking The auction to sell Ugra Timber Holding and Ugra-Plit plant was declared void due to the absence of eligible participants

The auction to sell Ugra Timber Holding and Ugra-Plit plant was declared void due to the absence of eligible participants

24 April 2020 ` 11:23  

The auction was attended by only one potential investor: TLD-Expo, a company from Tomsk. However, it was not allowed to participate since the receipt of the deposit to the account within the time specified had not been confirmed.

The initial lot price was 3.141 billion rubles. The up-tick was 78.5 million rubles. The deposit sum was 628.2 million rubles. According to the Khanty-Mansi Government, over 9 billion rubles were invested in the development of the plant.

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