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.