Federal Agency for State Property Management (Rosimushchestvo) announced an open auction for the sale of 25 percent of authorized share capital of JSC Vanino Commercial Sea Port" (Vostochny Port), the agency said.
Overall, the agency plans to auction off 10,654 of ordinary registered shares in uncertificated form (state registration number - 1-01-01 435-D). Opening bid of the stake is RUB 892 million, bid step - 20 million rubles.
Deadline for submission of bids is Sept. 22, 2011.
JSC Vanino Commercial Sea Port is the major operator of Port of Vanino (Khabarovsk Territory). The port is a gateway for trade flows between Russia and Japan, South Korea, China, Australia, USA and other countries of Asia Pacific Region. Vanino also handles imports shipped to the northern regions of Russia. The port operates the waterfront of about 2.5-km with three specialized cargo handling facilities. In 2010 throughput of Port Vanino rose to about 6 million tons (+0.2% yoy).