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Sep 13, 2007 12:23 EEST
September 13 (SeeNews) - Romania said on Thursday it will offer for sale the industrial platform of liquidated manufacturer of plastic building materials Toptherm at a starting price of 16.9 million lei ($7.1million/5.1 million euro). An auction for Toptherm's industrial platform will open at 0800 GMT on September 28, the government's privatisation agency, AVAS, said in a statement.
The industrial platform of the company comprises all of its viable production units. The starting price is equal to the company's value.
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Toptherm is listed on the over-the-counter market RASDAQ. Its stock last traded on May 30, up 0.70%, at 7.2 lei per share. They are currently suspended from trade as the company is under liquidation.
( 1 euro = 3.3173 Romanian lei)
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