According to Yevgeny Sorokin, head of the department for privatization and regulation of the work of joint stock companies of the Ministry for Land and Property Relations, suggested in an interview with RIA Novosti that potential buyers simply had no time to estimate the facilities to be privatized, and duly formulate the documents.
Bids for participation in the auctioning began to be received on July 19.
The authorized capital of Tatarstan Airlines is 85,359,027 rubles ($1 equals about 29 rubles). It has been divided into 8,535,927 ordinary shares, 10 rubles each. The starting price for the 100-% package has been set at 457,700 thousand rubles.
The authorized capital of the International Kazan Airport equals 73,700 thousand rubles. It has been divided into 737,000 ordinary shares, 100 rubles each. The starting price of the 100-% package is 73,700,000 rubles.
The up-front sum that potential buyers pay for the participation in the auctioning accounted for 20% of the starting price of the declared lot.
Any natural persons and legal entities were invited to participate in the bidding, save for state and municipal unitary enterprises, state and municipal agencies, and also legal entities where the state owned more than 25% of the authorized capital.
