Avto Land’s assets put up to auction

The auction aimed at selling the assets of Avto-Land that took place on November 29, 2011 had to be declared invalid because no bids had been submitted.

Among the assets put up to auction were tires, spare parts for Jaguar, Ford, Mazda, and Volvo makes, and tools, materials, and equipment for car repair. The opening bid for the lot was set at 8.82m RUR.

The applications for taking part in the new auction can be submitted starting December 5, 2011.

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