Omsk-based Cruтогоrsky Oil Refinery initiating partial sales
Rewritten Article:
Every lot is up for grabs - that's the decision made by arbitration manager Vladimir Dobryshkin.
A total of 13 real estate assets have been put up for sale on the Russian Stock Exchange auction platform. These assets are located on the grounds of the halted Kruтогоrsk Neftyerevostanok (NPZ).
Among the items listed for sale - a fuel storage facility, a pumping station, railway tracks, three diesel oil tanks, and other industrial buildings. The total starting bid for all lots amounts to 132.9 million rubles, with individual object prices ranging from 530,900 to 47.8 million rubles. To participate in the bidding, a deposit equal to 5% of the lot's price must be submitted by June 2025. The auction is scheduled for June 11, 2025.
The factory, launched in 2008, was declared bankrupt in 2021. Its owner, Valery Fedotov, was sentenced to 8 years in prison and fined 750,000 rubles for fraud involving petroleum products, bank deception, and consumer fraud.
Let's refresh our memory: OOO "VSP Krugovorotnoy Neftyerevostanok" was declared bankrupt at the start of 2021, with the company being liquidated in November 2023, following the completion of the process. In April 2024, the plant's main facilities were put up for auction as a single lot within the bankruptcy proceedings of the "mother company" - OOO "VSP Trust." Back then, the assets were valued at more than 597.44 million rubles.
- Tags: Real Estate, VSP "Krugovorotnoy Neftyerevostanok", Valery Fedotov
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Enrichment Data:
General Asset Auction Process:
- In an asset auction, such as that of the VSP Kruchogorsky Neftyerevostanok, several steps are typically involved:
a. Valuation and Listing:Valuators determine the worth of the assets to be sold, which helps in establishing a minimum bid price.
b. Legal Framework:Bankruptcy laws govern the auction process, detailing who can participate and how assets are sold.
c. Marketing and Advertising:The auction is advertised to attract potential buyers—both domestically and internationally.
d. Bidding Process:Interested buyers submit their bids according to the auction organizers' conditions. Normally, the highest bidder wins. However, other factors may be considered, such as the speed of payment or specific terms.
e. Proceeds Distribution:After the sale, the proceeds are distributed according to the bankruptcy laws. Typically, secured creditors are paid first, followed by unsecured creditors, and then other stakeholders.
Finding More Information:
For specific details about the auction of VSP Kruchogorsky Neftyerevostanok assets, you can look at:
- Bankruptcy court filings or announcements in local media.
- Government or regulatory websites in charge of managing bankruptcy cases.
- Auction house websites or local real estate agencies specializing in distressed assets.
If you have access to local news sources or legal databases, you might search for phrases like "auction," "bankruptcy," or "asset sale" combined with the company's name to find the most recent information on the situation and valuations.
- The 13 real-estate assets, located at the halted Kruтогоrsk Neftyerevostanok, will be auctioned in June 2025, with a strong starting bid of 132.9 million rubles.
- These assets, listed for sale on the Russian Stock Exchange, include a diesel oil tank, a pumping station, and industrial buildings, among others.
- The financial industry, including investors, is taking notice of this upcoming auction, as the business sector anticipates possible investments in the sector by 2025.
- The total valuation of similar assets within the same industry was over 597.44 million rubles in 2024, highlighting the potential return on investment for the winning bidders.
- Potential buyers should review the general asset auction process, marketing materials, and specific conditions for participating and bidding on the lots, as outlined by the auction organizers before June 2025.
