Russia: Ulan-Udestalmost sold for 0.5 billion rubles
The property of the bankrupt Ulan-Udestalmost plant has been sold at the third attempt. For the minimal price – 528 million rubles – the company was bought by the sole participant of the auction – Mosty Baikala company. The previous two sales (at 839 million rubles and 755 million rubles) failed because of the absence…