In accordance with the Forecast Plan of Privatization for 2014-2016 for sale offered 100% block of shares of OJSC Training and Experimental Milk Factory of Vologda State Dairying Academy named after N. V. Vereshchagin (Vologda butter)
The auction is hold according to the Order of the Government of the Russian Federation of July 29, 2014 №1419-р
The Auction Organizer is OJSC the Auction House of the Russian Federation (AHRF)
The auction is scheduled on February 17, 2016
Starting price – 1.08 billion rubles
The Experimental Milk Factory of Vologda State Dairying Academy named after N. V. Vereshchagin carries out manufacturing of butter, milk products, milk, skimmed milk powder and non-fat products.
The Enterprise owns a Certificate for use a name of the place of origin of “Vologda Butter” product and is a leader in its manufacturing. The product is sold in major distributing facilities of Russia – Metro, Ashan, 7th Continent, Perekrestok, Real, Mosmart and others.
In accordance with updated Report on the Enterprise valuation a half of its value (about 500 million rubles) falls on the Vologda Butter brand name. The same value is stated for all assets of the Company and business itself.
First the auction should take place on April 7th, 2015. Starting price of the assets was 973 million rubles.
However, the auction was cancelled due to the initiative of the Government of the Region to exclude the Enterprise from the Plan of Privatization and to transfer it to the possession of the Region. For today the given course of events is recognized to be unpractical: excision of the Enterprise from the Plan of Privatization is not promoted by I. I. Shuvalov, the Fist Deputy of the Government of the Russian Federation and according to the instructions of A. V. Ulyukaev, the Minister of Economic Development of the Russian Federation, the Object is offered for sale again.
In accordance with updated Report on the Enterprise valuation the starting price of the assets increased up to 1.08 billion rubles.
“We positively appreciate the given decision and we are ready to guarantee interest on the part of major sector investors in this sector. Our mission is to draw private investments, which will provide development and growth of existing enterprise. We are absolutely ready to carry out this task” (Olga Sokolova, Deputy General Director of the Auction House of the Russian Federation).
For detailed information about the object of sale please see the website of the Auction House of the Russian Federation (AHRF)
The Auction Organizer is OJSC the Auction House of the Russian Federation (AHRF)
The auction is scheduled on February 17, 2016
Starting price – 1.08 billion rubles
The Experimental Milk Factory of Vologda State Dairying Academy named after N. V. Vereshchagin carries out manufacturing of butter, milk products, milk, skimmed milk powder and non-fat products.
The Enterprise owns a Certificate for use a name of the place of origin of “Vologda Butter” product and is a leader in its manufacturing. The product is sold in major distributing facilities of Russia – Metro, Ashan, 7th Continent, Perekrestok, Real, Mosmart and others.
In accordance with updated Report on the Enterprise valuation a half of its value (about 500 million rubles) falls on the Vologda Butter brand name. The same value is stated for all assets of the Company and business itself.
First the auction should take place on April 7th, 2015. Starting price of the assets was 973 million rubles.
However, the auction was cancelled due to the initiative of the Government of the Region to exclude the Enterprise from the Plan of Privatization and to transfer it to the possession of the Region. For today the given course of events is recognized to be unpractical: excision of the Enterprise from the Plan of Privatization is not promoted by I. I. Shuvalov, the Fist Deputy of the Government of the Russian Federation and according to the instructions of A. V. Ulyukaev, the Minister of Economic Development of the Russian Federation, the Object is offered for sale again.
In accordance with updated Report on the Enterprise valuation the starting price of the assets increased up to 1.08 billion rubles.
“We positively appreciate the given decision and we are ready to guarantee interest on the part of major sector investors in this sector. Our mission is to draw private investments, which will provide development and growth of existing enterprise. We are absolutely ready to carry out this task” (Olga Sokolova, Deputy General Director of the Auction House of the Russian Federation).
For detailed information about the object of sale please see the website of the Auction House of the Russian Federation (AHRF)
