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Sticla Turda assets up for auction

The Romanian State Assets Resolution Authority (AVAS) is to sell by auction five assets of glass producer Sticla Turda. The assets for sale are valued at USD 1.26 million, exclusive of VAT and include…

The Romanian State Assets Resolution Authority (AVAS) is to sell by auction five assets of glass producer Sticla Turda. The assets for sale are valued at USD 1.26 million, exclusive of VAT and include five pieces of real estate with surface areas of between 565 and 2,788 square meters. The public auction will take place on 2 August 2005. AVAS became a creditor of Sticla Turda when the authority took on the debt owed to Distrigaz Nord.

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