Shareholding of Kolstovo-Invest to be sold by auction

Those willing to buy a shareholding of Koltsovo-Invest that currently belongs to Sverdlovsk Region Government can send in their bids. The opening bid for the holding (25% and one share) has been determined at 249 million RUR. Bids will be accepted up to December 20, 2007, the auction itself will take place on December 24, 2007.


The decision to sell the business was taken by the region’s Legislative Assembly as part of the new legislation on the management of state-run property in 2007.


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