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The assets of AvtoZAZ to be auctioned

Активы АвтоЗАЗа пустят с молоткаThe assets of the AvtoZAZ sell the debts at Delta Bank on which balance they are.

Shop the Zaporozhye enterprise of AvtoZAZ a total area of almost 39 thousand square meters and 3 017 cars of different brands put up for auction to an initial value of 344 million UAH.

The first auction will take place on may 25, stated in the message of Fund of guaranteeing deposits of individuals.

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The assets of the AvtoZAZ sell the debts at Delta Bank on which balance they are.

It is worth noting that the company has a complete production cycle, including provides stamping, welding, painting, equipment, bodywork and vehicle Assembly. The report said that we are talking about industrial real estate.

The starting price of the assets 344,6 million UAH (without VAT). The total debt of the AvtoZAZ under the credit agreement to the Bank at the beginning of August 2016 amounted to 996,4 million.

Bidding will take place in the Prozorro.Sale.

It is noteworthy that in April of this year, the domestic factory was visited by representatives of German company Daimler AG. Before the arrival of foreigners, according to workers of the enterprise, its thoroughly cleaned and painted.

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