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Caucasus/Russia/Central Asia
Five state printing houses will be auctioned off in Russia
2021-06-29
Direct translation of the article
[REGNUM] Another state-owned printing house, which they want to implement as part of the privatization program, is put up for sale in the Oryol region. A package of 100% of shares of Trud Printing House is planned to be sold at auction on July 22, 2021, reports IA REGNUM with reference to the documentation.

1,812,478 ordinary registered uncertified shares, which are currently owned by the region, are being offered for sale. The nominal value of one share is 40 rubles with an authorized capital of 72.49 million rubles (USD $1,002,202.38). The initial selling price of the lot is 200 million rubles (USD $2,764,000.00).

The Trud printing house was founded in 2004, but there is evidence that it dates back to 1812. The printing house is a full-cycle enterprise. Its main assets include real estate - a production facility with a total area of ​​9,590.7 sq. m, land plot, warehouses, garage, workshop and much more.

According to open data, in 2020 the revenue of the joint-stock company amounted to 42 million rubles (USD $580,440.00) against 50.9 million rubles (USD $703,438.00) a year earlier.

Let us remind you that today, June 29, it is also planned to trade for the sale of stakes in two more state assets from this industry - JSC Publishing House Kavkazskaya Zdravnitsa (Stavropol) and JSC Publishing and Printing Complex Dalpress in Vladivostok. In addition, full stakes in Zvezda Publishing and Printing Complex JSC from the Perm Territory and Saratov Printing Works JSC are put up for sale. Bidding for the latter two is scheduled for July.
Posted by:badanov

#1  Problem is, if you buy it, you still have to print their BS.
Posted by: ed in texas   2021-06-29 18:50  

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