In the company’s insolvency process, there was an offer to purchase the pledged movable property, which is milk processing and cheese production equipment, in total 154.
This property was appraised and the starting price of the first auction was set at 262,300 euros, and the auction step was 7,000 euros. The drivers were “Altum Development Financial Institution” and “Citadele” bank.
It was also offered at the auction to purchase the mortgaged real estate belonging to the milk processing company, including several buildings located in Kazdanga parish.
The starting price of the auction was 119,860 euros, and the auction step was 7,000 euros. The drivers were the bank “Citadele”, the State Revenue Service (SRS) and SIA “Cityfinances”.
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