Volga | Real estate | Industry, manufacturing

AvtoVAZ auctions $3.2m non-core assets

24 Dec '09
Auto giant AvtoVAZ, based in Togliatti, Samara region, has announced an auction to sell its non-core assets.

The company is reportedly to sell five real estate facilities at starting price of $3.2m.

Among auctioned property is electronic machinery servicing center, shed over potato, warm and cold storages and one-storey brick building of veterinary hospital.

The bids are accepted between December 2 and January 20, 2009. The auction is scheduled to be held on January 27.
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