The undersigned, SIERRA QUADRANT BRAILA BRANCH S.P.R.L., as the Judicial Liquidator of GA-PRO-CO CHEMICALS S.A., with headquarters in Săvinești Township, Săvinești Village, Gheorghe Caranfil street, no. 11, Neamț County, with Commercial Registry order number J27/1478/2005 announces the opening of the first selling session through direct negotiation in accordance with art. 118 paragraph 4 of Law 85/2006 of the “Industrial Asset GA-PRO-CO CHEMICALS S.A”, a chemical fertilizers facility located in Săvinești, Neamț. The negotiation procedure will be carried out at the Judicial Liquidator’s headquarters in Bucharest, Traian Str., no. 2, Ans.Unirea, bl. F1, trons.3, et.1, ap.3, sector 3.
The starting price for the direct negotiation is the one resulting from the assessment carried out in the procedure, i.e. EUR 17.829.000 excluding VAT. The legal provisions relating to the VAT arrangements in force on the date of sale shall apply.
Real estate consists of 719.297 m2 of intravillan land and special buildings/constructions serving the production process or inside which the technological facilities and equipment are incorporated.
The movable property consists of installations, equipment/machinery, means of transport by car and rail, stocks and inventory items.
GA PRO CO CHEMICALS S.A. Săvinești holds 5 main facilities, respectively:
- The Ammonia facility – Salzgitter license;
- The Granular Urea facility –Stamicarbon license;
- Nitric Acid facility –GIAP license;
- The Nitric Ammoniun/Nitrochalk facility –GIAP initial license;
- Liquid fertiliser facility – UREAN license.
And related installations serving the main installations:
- The demineralization installation serving the ammonia and granular urea facilities;
- The water plant serving the ammonia and granular urea facilities;
- The cooling cycles I-III, hydrolysis – desorbtion facility serving the granular urea facility;
- The MINIGAZZINI thermal power plant;
- The liquid ammonia storage facility.
Detailed information on the component of the industrial asset and the description of the construction, main functional installations and the technological flow can be found in the Terms of Reference.
Romanian natural persons, foreign natural persons, Romanian legal persons, and foreign legal persons can participate in the direct negotiation procedure.
Potential buyers intending to inspect the goods for identification and evaluation of the transaction of GA-Pro-co Chemicals S.A. assets will sign a confidentiality agreement with the Judicial Liquidator Sierra Quadrant Braila S.P.R.L.
Direct negotiation will begin with potential buyers who have bought the Terms of Reference drawn up by the judicial liquidator and have submitted the following documents::
- A binding offer containing: name/description of tenderer, domicile/headquarters, telephone/fax number, contact person, tender price, (which may not be less than the starting price of the negotiation) the time limit, and the method of payment;
- Proof of deposit of the participation guarantee of 10% of the price mentioned in the sales notice published by the judicial liquidator;
- Proof of payment of the Terms of Reference drawn up by the liquidator.
The session shall end by signing one minute with the person who submitted the most advantageous offer and has fulfilled the conditions of validity set out in the Terms of Reference.
Interested persons can request additional information and a schedule to view the asset via email at: office.bucuresti@sierraquadrant.ro.
JUDICIAL LIQUIDATOR
SIERRA QUADRANT BRAILA BRANCH S.P.R.L.
Eng. Ovidiu Neacsu