MOSCOW, Aug 9 (PRIME) -- Russia’s Bank Trust, the non-core asset bank, has auctioned 450,000 tonne concrete plant Atakaitsement at a starting price at 3.6 billion rubles, the bank said Tuesday.
The auction will be public, bids will be accepted until September 17.
The plant has an about 10% market share in the Krasnodar Region and is one of the largest concrete producers in the south.
Bank Trust put Atakaitsement for an auction in October with a starting price of 4.39 billion rubles, but the Federal Antimonopoly Service turned down the applications of the winners, Aktualnye Investitsii and Novoroscement.
(60.3164 rubles – U.S. $1)
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