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Tag Archives: Armavir Electrometallurgical Works

Russia: AEMZ sales attract no one

Armavir Electrometallurgical WorksBy admin21.06.2018Leave a comment

The sales of the Armavir Electrometallurgical Works LLC did not take place. The auction saw the land plot of 85 ha, the site for the steel manufacture and other assets. The price slowly dropped from 248.4 million rubles to 124.2 million rubles, but no bids were made. The construction of the work was begun in…

Russia: AEMZ sales fail once again

Armavir Electrometallurgical WorksBy admin27.11.2017Leave a comment

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…

Russia: AEMZ unsold once again

Armavir Electrometallurgical WorksBy admin26.09.2017Leave a comment

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…

Russia: AEMZ assets to be auctioned

Armavir Electrometallurgical WorksBy admin31.08.2017Leave a comment

On September 14 the trading house Attika will hold an auction to sell the assets of Armavir Electrometallurgical Works LLC. AEMZ was declared insolvent in August 2016. The registry includes claims for 2.5 billion rubles, including 8 million rubles of tax debts. AEMZ assets are evaluated at 276 million rubles, and this will be the…

Russia: AEMZ to be auctioned

Armavir Electrometallurgical WorksBy admin16.08.2017Leave a comment

Under the bankruptcy procedure the assets of Armavir Electrometallurgical Works LLC will be sold at an auction. In particular, a site for steel manufacture will be sold. The construction of the works has been carried out by the Industrial Union of Donbass since 2007. Investments were expected to hit 9 billion rubles, but the project…

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