Moscow sells stock of shares of the largest escalator producer

Moscow sells stock of shares of the largest escalator producer
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Moscow authorities put up for sale the block equity holding of the largest producer of escalators and tubing accessories, “MOS OTIS” JSC.

The press office of the Moscow Competitive Policy Department told Construction.RU about it. They noted that the equity will be sold via public offer with sequential decrease of the initial cost to cut-off price.

The latter is not more than 50% of the initials one designated as 964.2 m roubles for all 25,4% of shares. The assets of the enterprise include 10 capital buildings in the area of Sokolinaya Gora (Kirpichnaya str., 21, build. 1-4 and 6-10) with the total area of 14,300 square meters, and a building in Zelenograd.

Besides, the society’s property include 503 automobiles, computers and necessary accessories. Totaling 1903 units totally costing 104.8 m roubles. There is no burdening. The JSC gas an affiliate – “NK Group” LLC dealing with housing repair, 71 % of the capital assets belong to “MOS OTIS”.

The main owner of the JSC is the “OTIS Investments LLC”. It has 70% of shares.

The claims for the participation in the tender are received until November 21st. The auction will take place on November 30th.