OREANDA-NEWS. April 16, 2007. The Russian Federal Property Fund will today begin accepting bids for an auction of a number of YUKOS service enterprises, which is scheduled for May 16, 2006. The lot is for the most part comprised of companies, which provide construction, repair, and information technology services, and also includes assets put up for sale on April 4, which were not sold due to a lack of bids.

The offer price for the entire lot (No. 14) has been set at RUR1.669bn (approx. USD65m), the bid increment at RUR16.693m (approx. USD0.646m). Bids will be received until May 14. The advanced payment required for participating in the auction amounts to RUR333,867,200 (approx. USD12.93m).