Russian Railways to auction 25% in Russkaya Troika

MOSCOW, Nov 14 (PRIME) -- Russian Railways will hold an auction for a 25% plus one share stake in Russkaya Troika, a company owning 60-feet and 80-feet fitting-container platforms, the company said in a statement on Thursday.

The starting price is 622 million rubles and the minimum one is 527.304 million rubles. The price increment is 5 million rubles except the first one of the second stage of 3 million rubles and the last one of 4.696 million rubles.

Bids are accepted from Friday till December 10. The auction is scheduled for December 20.

(64.2009 rubles – U.S. $1)

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