Avto Land Assets Put up to Auction in Yekaterinburg

On October 18, 2011, the assets of Avto Land will be sold by auction in Yekaterinburg. The announcement to this extent was carried by Oblastnaya Gazeta.

The auction is coordinated by the company’s trustee in bankruptcy Vladimir Sivoplyasov. The debtor’s assets will be sold by auction in Lot No.1.

The debtor’s assets are all located at 50 Blukher St in Yekaterinburg.

The objects offered for sale are the tires and automobile spare parts for Jaguar, Ford, Mazda, and Volvo, as well as tools, supplies, and equipment for car repairs.

Avto Land was declared bankrupt in November 2010. The company had to go through bankruptcy proceedings for six months. The bankruptcy application was placed by the stockholders themselves since the company had not yielded any profit since the second quarter of 2009.


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