On 13 April 2011, the Auction House of the Russian Federation will hold an open auction to sell a share package in the Rostovsky Dairy factory – 98.52% of the charter capital of the Association. The sale will be carried out by order of the owner, TagAZ automobile factory.

Information about the subject of the auction

The subject of the auction is a land plot of an area of 4.7 hectares in Rostov on Don, at Prospekt Stachki 243. The industrial buildings located on the plot are in unsatisfactory condition and are subject to demolition. Construction of commercial properties of retail function is possible on the plot. The plot is located in a district with well-developed infrastructure, at the crossing of busy transport routes.
The factory has not functioned since 2006. The property, including the land plot, is on deposit with Sberbank. Sberbank has agreed to sell the property to pay off a loan debt. The encumbrance in the form of a mortgage contract will be removed from the property immediately after the purchaser pays the cost of the bonds.

The auction will be held according to the Dutch system – reduction of the starting price.
Starting price of the lot — 450 000 000 rubles.
Cut-off price (minimum price of sale) — 300 000 000 рублей.
Location of auction: St. Petersburg, per. Grivtsova, d. 5
Time of auction: 13 April 2011 at 14.30.