The auction to sell the assets of the Armavir Electrometallurgical Works valued at 276 million rubles has not taken place.

There were no participants.

The company assets were auctioned in August. They included a land plot of 85 hectares for the construction of a metal works, 2 power lines, a complex to produce forgings and bars, etc.

At present the company is owned by Mantomo Holdings Limited (Cyprus). (Ukrainian metal)

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