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Russian auction for 15% in Uraltranstrom attracts no bidders

An auction for sale of a 14.99% state in the charter capital of Uraltranstrom (Yekaterinburg, Urals), manufacturer of reinforced concrete and aggregates, has produced no bids. The starting price was set at RUB 39.24 million (€781,146.61 USD 987,809.73).
October 8, 2014 Read time: 1 min

An auction for sale of a 14.99% state in the charter capital of Uraltranstrom (Yekaterinburg, Urals), manufacturer of reinforced concrete and aggregates, has produced no bids.

The starting price was set at RUB 39.24 million (€781,146.61 USD 987,809.73).