Home News Economic Development Ministry Sells 5 Entities by Auction for 1.9 m USD

Economic Development Ministry Sells 5 Entities by Auction for 1.9 m USD


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The Economic Development Ministry sold five state-owned entities by auction on July 5.

 

Building at 70 Uznadze St. along with a land plot of 8424.2 square m was acquired by LLC Education and Development Center for 1 720 000 USD. The starting price was 1 700 000 USD.

 

Part of buildings (455.2 square m) at 45 Nalbandiani St., Akhalkalaki, was sold to a physical entity for 46 000 USD.

 

LLC Mtskheta-Mtianeti Multi-Functional Prophylactic Center was acquired by a physical entity for 115 000 USD. Two applications were submitted for the LLC.

 

A store at 105 Rustaveli St., Terjola was sold to a physical entity for 19 000 USD.

 

A warehouse at 68 9 Aprili St., was sold to a physical entity for 150 USD. According to tender terms, the new owner will equip the building with modern computer technologies and hand it over to self-government body.


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