The Trading House Attika LLC was not able to sell the Armavir Electrometallurgical Works for 248.4 million rubles.
The auction has been cancelled as no bidders participated in it.
AEMZ was put up for sale in October. The lot included, among other things, the 85 ha land plot for construction of an iron and steel works, two electricity lines, a complex to produce cast billets and bars, etc.
The first time AEMZ was put up for sale in August, but the auction did not take place for the same reason – no bidders. (Ukrainian metal)