A block of shares of the Vologda Metallurgical Machine Building Plant Rotor is put up for sale
86.61% of Rotor shares are put up for sale. In fact, this is a full package of voting shares of the company and the investor will have the right to take management decisions in respect of Rotor JSC.
Rotor JSC has been successfully operating in the market for over 30 years. The main activity of the company is the manufacture of equipment and parts of varying degrees of complexity for metallurgical and other industries. Rotor has existing contracts with major representatives of the industry, such as the Russian steel and mining company Severstal Russian Steel, one of the oldest centers of the Russian metallurgy Vyksa Steel Works, one of the oldest machine-building domestic enterprises MZ Arsenal, Cherepovets Casting and Mechanical Plant and others.
According to the data from the financial statements, the company's revenue for the first half of 2019 exceeded 81.6 million rub.
The auction will be held on the electronic trading platform of ETP AHRF - Lot-online
The initial price is 58.5 million rub.
The main asset of the company is the production complex at 76, Ulitsa Dobrolyubova, Vologda.
The company occupies an area of 3.7 hectares, on which are located production and warehouse and administrative buildings, a total area of more than 10 thousand sq.m. The complex is equipped with modern machining equipment.
«Rotor is an efficient enterprise with modern material and technical base and professional staff. The company's portfolio includes existing contracts with major customers, and financial indicators demonstrate positive dynamics.
We expect to attract an industry investor to this asset, who will be interested in the development of the core business of the company», - said Dinara Useinova, Deputy General Director of AHRF.