Rosimushchestvo to Sell Uralstroysvyaz by Auction

13 September 2016 (13:38)

UrBC, Yekaterinburg, September 13, 2016. Sverdlovsk Region division of Rosimushchestvo (the state property control agency) is putting the telecommunications facility developer Uralstroysvyaz up to auction, the agency’s press service reports.

Available to bidders are 82,868 ordinary registered paperless shares (100% of the company’s authorized capital). The shares’ total face value is estimated at 82.868m RUR.

Uralstroysvyaz owns three pieces of real estate in Kosmonavtov Ave in Yekaterinburg (total area 1,611.7 m2) that are currently rented out to tenants and a non-encumbered land allotment (total area 8,114 m2).

The opening bid is set at 22.381m RUR.

The shares belong to the Russian Federation and the goal is to get these privatized. Bids can be submitted between September 13 and October 10, 2016; the auction will be held on October 13, 2016.

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