Ford will put the properties of its closed factories in Russia up for auction

Ford will put the properties of its closed factories in Russia up for auction


 

RNS.- Ford will put the properties of its plants in the city Vsevolozhsk in Leningrad region and in Naberezhnye Chelny in Tatarstan up for auction with an approximate discount of 40%, as stated by the Russian Auction House – RAD.

“RAD will carry out a second bidding process on behalf of Ford Motor Company. 86 lots will be put up for sale in the form of movable assets of Ford car plants in Vsevolozhsk and Naberezhnye Chelny. In essence, all equipment will be sold at an approximate discount of 40%. The total initial cost of the equipment amounts to 26.9 million rubles” – according to the statement.