BISNIS Trades & Tenders, August 22, 1999 -Part 2

 

International Copyright, U.S. & Foreign Commercial Service and U.S. Department of State, 1999.   All rights reserved outside of the United States.

 

The Business Information Service for the Newly Independent States (BISNIS) is the U.S. Department of Commerce's information clearinghouse on trade and investment in the emerging markets of the newly independent states of the former Soviet Union.  BISNIS has created the "BISNIS Trades & Tenders" electronic newsletter to help U.S. companies find business opportunities in these expanding markets.

 

These opportunities are provided solely as an informational service and do not represent an endorsement by the U.S. Department of Commerce. Verification of leads is the responsibility of the reader. BISNIS may consider other private sector-generated trade leads and tenders, in electronic form only, and publish on a space-available basis.  Please send your leads to BISNIS@ITA.DOC.GOV

 

A full selection of BISNIS leads and other market intelligence are available via BISNIS OnLine at: www.bisnis.doc.gov

 

Table of Contents for Web Supplement:

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Lead #1: Tender for Georgian Airlines - Georgia

Lead #2: Tender for JSCChaturmanganumi -Magnesium Plant - Georgia

Lead #3: Tender for Elmavalmshenbeli - Georgia

Lead #4: Tender for Elektromekanikosi - Georgia

Lead #5: Tender for Georgian Locomotive Company - Georgia

Lead #6: Tender for Kaspitsementi" Cement Factory - Georgia

Lead #7: Tender for Joint-Stock Company "Kolkhida" (Motorcar production) - Georgia

Lead #8 Tender for JSC Lithopone (production of litophone, micro-barite,

micro-calcite, different paints, copper sulfate (vitriol) and others) - Georgia

Lead #9:  Tender for Chemical Fiber Facility - Georgia

Lead #10: Tender for Sakabreshum -Silk Facility - Georgia

Lead #11: Tender for Tami Metal Casting and Tool works - Georgia

Lead #12:  Industrial Acids, Oils and Alcohol -Moscow, Russian Federation

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Lead #1

 INVESTMENT TENDER

The Ministry of State Property Management announces the tender in order to

sell "Georgian Airlines" LLC.

Objectives of the tender - to select the investor and partner in order to

prepare the company's long-term development to participate in the

international market.

Brief technical information about the company -

*          The Company passed the registration on August 5, 1999 in the

regional court of Vake-Saburtalo (Tbilisi - No 5/4-2140).

*          In accordance with the Presidential Decree No 465 09.08.98 the

company obtained the status of flag carrier in air-transportation

*          The starting selling price of "Georgian Airline" Company is USD

1,200,638.00 equivalent in national currency, that includes the sate own

shares and properties not included in the charter capital. Down payment is

defined to be USD 120,064.00 in national currency.

*          Aircraft conditions for 01.08.99 are presented in the attachments:

1,2,3.

*            Technical conditions of engines (for 01.08.99) are presented in the

attachment 4,5,6

*            Engineer-technical base and crew of an aircraft (for 01.08.99) is

presented in the attachment 7.

*          The flights and status of "Georgian Airline" LLC are presented in

the attachment 8.

*          The Company's liabilities:

*          Debtor liabilities - 2,797,536.00 GEL

*          Creditor liabilities - 7,632,765.00 GEL

*          More detailed information concerning "Georgian Airline" LLC can be

obtained in the Ministry of State Property Management of Georgia and in the

State Department of Air Transport on the following addresses: Chavchavadze

Ave. 64 and Kazbegi Ave. 12 Tbilisi, Georgia. Tel: 995 32 93 30 92; Legal

address of the Company - Tbilisi Airport (Georgia);

Persons who can participate In the tender - Physical or legal persons of

Georgia or other countries in whose property state or local self-governed

bodies have shares of less than 25%.

To participate in the tender, the following documents will be submitted to

the tender commission:

            1.            an application filled out in respect to the agreed form,

showing the BUYER'S consent to fulfill declared conditions;

            2.            foundation documents (charter, document identify its

registration) of the juridical person participating in the tender, verified

by notary;

            3.            service bank name, its requisites and account number

            4.            documents verify financial sources for the implementation of

investment programs

            5.            investment program, prospect development plan of LLC and

bidder's responsibilities on their implementation, placed in the separate

envelope;

            6.            receipt confirming the down payment by the winner not less

then 10 %, on the accounts No.141144212, code number 220101107 for GEL and

No 070472 code 22010117 for foreign currency, of the Ministry of State

Property Management in the National Bank of Georgia;

            7.            details from personal identification cards;

            8.            mandate verified by notary if a person is acting as a

representative of any other persons;

An applicant receives the status of a bidder after registration of his

application in the tender commission register.

The period of receiving application from persons intended to participate in

the tender will be the last 30 calendar days before the tender, at 14:00

until 17:00 local time, excluding weekends. The bids containing proposals

will be opened on October 1, 1999 at the following address: Tbilisi,

I.Chavchavadze Ave. No.64 - Ministry of State Property Management.

Total price includes the down payment paid by the bidder. All participants,

excluding winner, will receive their down payment back after the tender

completion.

Bidding conditions - BUYER is obliged:

*          to provide the company with an aircraft within the 3 months after

signing the agreement, which satisfies the standards of the European Union

and relative European regulating bodies

*          to maintain as much as possible the company's work places, including

crew of an aircraft and other technical workers

*          to maintain and develop the company's general profile

*          to restructure the company's debts within a year

*          to provide the staff with safe working condition

*          to provide free medical examinations for the personal

*          to provide the payment of persons to disabled workers

*          to pay 51% of price offered in the tender within 30 calendar days,

and remaining payment 49%- within 1 years

Selection of the winner - Satisfaction of the tender conditions and payment

the highest price are the criteria for bidder selection.

The "Buyer" is liable to carry out the obligations taken in respect to the

tender conditions and to send the proper compliance notification to the

Ministry of State Property Management of Georgia in every six months. In

case of an exposure of a non-observance of the tender conditions the "Buyer"

will receive a written notification and will be fined 10% of unpaid sum. In

case of repeated non-observance of the tender conditions, the parties are

able to abolish the agreement unilaterally. Other responsibilities are as

considered by the agreement.

 

The address of the tender commission is Tbilisi, I.Chavchavadze Ave. No.64,

The Ministry of State Property Management, room #311, tel.: 995 32 29-28-33,

995 32 29 35 93, where you will receive additional information about the

company.

 

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Lead #2

INVESTMENT TENDER

Ministry of State Property Management announced the commercial tender on the

controlling stake (83 250 000 shares, 75% of the share capital) of the manganese processing factory Joint-Stock Company "CHIATURMANGANUMI" in order to sell it with the symbolic

starting price (USD 20000 equivalent in national currency)

In the tender can participate - Physical or legal persons of Georgia or

other countries in whose property state or local self-governed bodies have

share less than 25%.

Information about the company - Legal address of the enterprise is Tsereteli

St. No.1 Chiatura. Charter of the Joint-Stock Company is USD 111,000,000.

The face value of one share is USD 1 equivalent in national currency. Seller

is the Ministry of State Property Management.

BIDDING CONDITIONS

BUYER is obliged:

*          To pay up all 100% of price offered in the tender by him. Payment

would be carried out within the 30 calendar days after conclusion of the

agreement with the Ministry of State Property Management.

*          To carry out investment commitment, including reinvestments, in

accordance with the program submitted by him. Annual production and

realization of manganese concentrate would be the main condition of the

program: 1st year - not less than 50 thousand tones, 2nd year - not less

than 100 thousand ton, 3rd year not less than 150 thousand ton and 4th year

not less than 200 thousand tones.

*          To compensate the creditor liabilities of JSC "Chiaturmanganum"

under the law of Georgia on "Restructuring tax liabilities", also, to

regulate the company's debts.

*          To satisfy the internal market demands on manganese concentrate.

*          To fulfil the license conditions for origination-exploitation of

manganese ore and in order to obtain this license to submit the financial

guarantee to the counsel of experts authorized to give the right for

exploitation of nature recourses, with the Ministry of Environment

Protection of Georgia.

*          To hold the 70% of work places during the first 4 years.

*          To submit the relative documents about the investment financial

provision.

BUYER is prohibited to sell or mortgage the share stake (or its part) during

the 4 years without prior agreement of the Ministry of State Property

Management;

Bidders can receive additional information about financial and economic

status of JSC "Chiaturmanganumi" in the enterprise and the director is

liable to make it available.

Criteria for winning the tender are payment of a maximal amount and

satisfaction of all bidding conditions. Proposal for willing participation

in the tender will be received within the last 30 calendar days, every day

from 14 till 17 o'clock on the local time, excepted weekends. The bids

containing proposals will be opened on 20 August 1999 at 16 o'clock at the

following address: Tbilisi, I.Chavchavadze Ave. No.64 - Ministry of State

Property Management.

The down payment is defined to be 100% of the symbolic starting price, which

makes USD 20.000 equivalent in national currency and would be carried out on

the account No 141144212 code 220101107 for GEL and No 070472 code 22010117

for foreign currency.

The address of the tender commission is Tbilisi, I.Chavchavadze Ave. No.64,

The Ministry of State Property Management, tel. 29-28-33.

Agreement verified by notary would be concluded between BUYER and SELLER

within the 20 calendar days after the statement of the tender results. BUYER

will be fined with USD 200.000 equivalent in national currency in case to

delay signature of the agreement within the established terms.

The BUYER is liable to carry out the obligations taken in respect to the

tender conditions and inform the SELLER about their implementation once in

every six months. In case of an exposure of a non-observance of the contract

conditions the BUYER will receive a written notification and will be fined

with USD 200.000 equivalent in GEL. A case of an exposure of repeated

non-observance of the tender conditions is considered as SELLERS initiative

of unilateral abrogation of the contract, the BUYER will not be returned the

amount paid and the expenditures born by him will not be reimbursed.

To participate in the tender following documents will be submitted to the

tender commission:

            1.            An application filled out in respect to the agreed form,

showing the BUYER'S consent to fulfill declared conditions;

            2.            Proposals submitted by BUYER, placed in a separate envelope,

which is sealed up by the bidder;

            3.            Bankslip confirming the advance payment the bidder made on

the accounts, No.141144212, code number 220101107 for GEL and No 070472 code

22010117 for foreign currency, of the Ministry of State Property Management

in the National Bank of Georgia;

            4.            Details from personal identification cards;

            5.            Mandate verified by notary if a person is acting as a

representative of any other persons;

            6.            Documents guaranteeing the financial support of investments;

 

            7.            Legal persons should give copies of establishment documents

in addition.

An applicant receives a status of a bidder after registration of his

application in a tender commission register.

Information concerning the company should be obtained through the Internet

on the following addresses: www.georgia.net.ge/mospm

<http://www.georgia.net.ge/mospm and www.casebycase.org.ge

<http://www.casebycase.org.ge/.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Lead #3

Ministry of State Property Management of Georgia announces

 

INVESTMENT TENDER

 

In order to privatize the block of shares (51% of controlling stake) in the

JJSC "Elmavalmshenebeli"

 

The tender objective is:

To select investor and partner for financial and technical rehabilitation

and by means of long term development to implement maximally and effectively

international market in the shortest time possible by JSC

"Elmavalmshenebeli"

Selection of the successful bidder:

The successful bidder will be the one who:

*          Wholly satisfies the tender conditions;

*            Implements maximum investment (no less then 10 million USD during 3

years) according to the tender terms

*          Will pay the announced price to purchase the shares.

The tender participant:

Any Georgian legal and natural person, municipal, charity and other public

funds, religion organizations whose state owned part of charter capital is

less then 25%, and also foreign legal natural persons.

Conditions for participating the tender:

For participation in the tender bidders are required to submit documents to

the tender commission:

1.            Properly completed application form, which should incorporate the

participant's consent regarding the fulfillment of the terms of the tender

defined by the tender commission

2.            Naturally confirmed foundation documents (company charter and

registration certificate) of the legal person participation in the tender;

3.         Name of the service bank, address and settlement account number;

4.         The documents confirming existence of all the necessary financial

resources in order to implement the offered investment program;

5.            Investment program, long-term business-plan of the JSC and bidder

obligations to implement them placed in a separate envelope and sealed by

the bidder;

6.         A bank slip confirming payment of at least 10% of the advanced

deposit transferred to the Ministry of State Property Management account in

the national bank of Georgia. Account # 141 144 212, code 220 101 107;

7.            Passport details;

8.            Naturally confirmed power of attorney in case the buyer acts on

behalf of another person.

The bidder applications will be received during 30 calendar days before the

tender date from 2 P.M. to 5 P.M. except weekends. The tender will be held

on May 25, 1999 at 4 P.M. in the Ministry of State Property Management. The

address of the tender commission: Ministry of State Property Management, #64

Chavchavadze Ave, Tbilisi, Georgia.

The advanced payment paid by successful bidder, will be included in final

price paid for the enterprise, other participants would be repaid according

to the existing rules. From the moment the bid is registered in the tender

commission register the participant obtains tender participant status.

Main conditions of the tender are:

Purchasing of no more than 51% (266 255 422 shares) block of shares, JSC

"Elmavalmshenebeli" with starting price 19.206,600 USD equivalent in GEL.

The winner must provide payment of the 51% of the final selling price ( 9

795 366 USD equivalent in GEL) within 30 calendar days after signing the

contract and covering remaining 49% within the following two years period:

*            Maintain the core business of the factory and guarantee its

development;

*            Utilization of production capacities and implementation of

progressive technological process;

*            Implementation of the enterprise's development management'

*            Production of modern type four axle passenger locomotives according

to the international standards, working on constant and alternating current

cargo main line locomotives, industrial locomotives, industrial locomotives;

Electro technical, agricultural, equipment and manufacturing of consumer's

goods, repairing functioning locomotives and manufacturing its spare parts.

*            Improvement and further stabilization of existing financial

situation;

*            Implementation of social program, which is to maintain the existing

work places' 100% during first three years and to double work -places within

next three years.

*            Introduction environmental protection technologies, implementation

of environmentally clean and waste-less technologies;

*          In order to guarantee the tender terms, during three years there

should be invested 10 million USD; the firs year -2,5 million, the second

year - 3,5 million the third year - 4 million.

*            Investments have to be purposed to implement the following tender

condition:

*            Maintenance and development of the core business of the plant

rehabilitation and reconstruction of fixed assets of main and subsidiary

shops, putting into operation machinery and technological equipment,

rehabilitation  of transmitting equipment, buildings, special equipment

buildings, special equipment and machinery, rehabilitation and

reconstruction of transport communications;

*            Covering existing liabilities in next two years period after signing

the contract.

Selection of successful bidder

Tender commission, on the basis of investment package, presented to tender

commission will select successful bidder. At the same time the criteria of

selecting of successful bidder is the fulfillment of tender conditions and

investing the maximum sum - within perspective development program presented

by the bidder.

Responsibility for non-fulfillment of tender terms and obligations taken

under the contract

The successful bidder must fulfill the obligations taken under the tender

conditions and contract obligations and report on the fulfillment of tender

terms and obligations taken under the contract

The successful bidder must fulfil the obligations taken under the tender

conditions and contract obligations and report on the fulfillment of these

obligations to the Ministry of State Property Management every 6 months.

In case of non-fulfillment of the terms of the tender and the obligations

taken by the contract, successful bidder will receive warning in written

form and will be forfeited by 10% of the tender set price or unimplemented

investment.

If the buyer fails for the second time to fulfill the tender terms, the

other party has the successful bidder shall not be returned and the expenses

already spent shall not be refunded.

Other obligations of the parties will be those set forth in agreement

obligations.

 

Datailed information on the company is available on the BISNIS home page

 +++++++++++++++++++++++++++++++++++++++++++++++++++++

Lead #4

 

INVESTMENT TENDER

The Ministry of State Property Management announces the commercial tender on

the control block of shares (1327753 shares, 52,01% of the charter capital)

of the JSC "Elektromekanikosi" in order to sell it with the starting price

USD 1,941,500.00 equivalent in national currency.

 

Persons who can participate In the tender - Physical or legal persons of

Georgia or other countries in whose property state or local self-governed

bodies have shares of less than 25%.

Objectives of the tender - to select the investor and partner in order to

formulize the company materially and technically and by the way of the

long-term development to manage the international market.

Information about the company - Legal address of the enterprise is Georgia,

Kutaisi, Gugunava St. No.1. The company occupies the 7,2 Ha of the land

area. Charter capital includes the 25 53090 shares. The state owns 1 327753

shares (52,0%) of charter capital. 1 225337 (48,0%) shares are already

privatized.

*          fixed assets value - 4 506374

*          debtor liabilities - 345012

*          creditor liabilities - 826232

*            employees - 637

Main products of the company: oil pump with capacity 2,0-90 kW; water pump -

11 kW; everyday vibrato-pump. Lately the production of water pumps has been

stopped due to the heavy financial situation. Some details for the pumps are

imported from Ukraine and Moldavia, when the company has opportunity to

produce them independently.

The other products of the company are small and medium electric engines for

various applications. Also, the medium lifting carriages. The company's

machinery and equipment are a little old, but in good condition. The company

could increase its productivity.

Brief technical characteristic - the main products of the company:

*          oil pump with capacity 2,0-90 kW;

*          water pump with capacity 11 kW;

Selection of winner in the tender - The winner would be the person who:

*          Fully satisfies the tender conditions;

*          Invests not less than USD 1,000,000.00 during a year.

Bidding conditions - BUYER is obliged:

*          to hold the company's general profile during the 3 years. In case of

submitted business plan the change of company's profile would be under the

discussion.

*          to reconstruct and renovate the fixed assets;to invest not less than

USD 1,000,000.00 equivalent in national currency during a year.

*          to hold 70% of work places;

*          before to implement the tender conditions, all questions concerning

the shares of JSC "Elektromekanikosi", forms of transference, alienation,

write off of fixed assets, taking credits and other loans, pledge input of

property, mortgage use and other actions established by the civil code of

Georgia of State property, should be agreed with the Ministry of State

Property Management

*          to pay 51% of price offered in the tender within the 30 calendar

days, and remain 49%- within 2 years.

*          The down payment is defined to be 10% of the starting price, which

makes USD 194,150.00 equivalent in national currency.

Proposal for willing participation in the tender will be received within the

last 30 calendar days, every day from 14 till 17 o'clock at local time,

excepted weekends. The bids containing proposals will be opened on 3

September 1999 at the following address: Tbilisi, I.Chavchavadze Ave. No.64

- Ministry of State Property Management.

The address of the tender commission is Tbilisi, I.Chavchavadze Ave. No.64,

The Ministry of State Property Management, room #311, tel. 29-28-33, where

you will receive additional information about the company.

The "Buyer" is liable to carry out the obligations taken in respect to the

tender conditions. In case of an exposure of a non-observance of the tender

conditions the "Buyer" will receive a written notification and will be fined

with 10% of not paid sum. A case of an exposure of repeated non-observance

of the tender conditions is considered as SELLERS initiative of unilateral

abrogation of the contract, the BUYER will not be returned the amount paid

and the expenditures born by him will not be reimbursed. Herewith "Buyer" is

liable to pay up accounts payable within 1 year, existing for the moment of

purchase

To participate in the tender, the following documents will be submitted to

the tender commission:

            1.            an application filled out in respect to the agreed form,

showing the BUYER'S consent to fulfill declared conditions;

            2.            proposals submitted by BUYER, placed in a separate envelope,

which is sealed up by the bidder;

            3.            bankslip confirming the advance payment the bidder made on

the accounts, No.141144212, code number 220101107 for GEL and No 070472 code

22010117 for foreign currency, of the Ministry of State Property Management

in the National Bank of Georgia;

            4.            details from personal identification cards;

            5.            mandate verified by notary if a person is acting as a

representative of any other persons;

            6.            Legal persons should give copies of establishment documents

in addition.

            7.            An applicant receives a status of a bidder after

registration of his application in a tender commission register.

Satisfaction of the tender conditions and payment of the maximal sum is the

criteria for bidder selection.

 

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Lead #5

INVESTMENT TENDER

The Ministry of State Property Management announces the commercial tender in

order to sell the control block of shares (51% of the charter capital) of

the GEORGIAN LOCOMOTIVE COMPANY Joint-Stock Company "Elmavalmshenebeli".

Tender objectives - to select the investor and partner in order to formulize

the company materially and technically and by the way of the long-term

development to manage the international market.

Brief technical characteristic -

- re-registration - December 30, 1998 (in the court of Nadzaladevi region No

1/5-33).

- charter capital - 51481220 GEL (current rate 1USD - 1,88 GEL)

- main products of the company:

- direct current main line locomotive VL-11n

- cock quenching (industrial) locomotive EK-14

- other products for everyday repairs

- location - 84 Guramishvili St. Tbilisi, Georgia

- additional facilities - infrastructure objects

- total profit by the balance sheet in 1996/97/98 - 176000 GEL

- credit liabilities by July 1 1999 - 70 187 GEL

- debt liabilities by July 1 1999 - 987 009 GEL

More detailed information is able to obtain in the Company's Presentation

<http://www.georgia.net.ge/mospm/tender/elmavalmshenebeli/

Selection of winner in the tender - The winner would be the person who will:

- fully satisfy the tender conditions;

- pay maximal sum (not less then starting selling price).

Persons who can participate in the tender - Physical or legal persons of

Georgia or other countries in whose property state or local self-governed

bodies have shares less than 25%.

To participate in the tender, the following documents will be submitted to

the tender commission:

a. an application filled out in respect to the agreed form, showing the

BUYER'S consent to fulfill declared conditions;

b. foundation documents (charter, document identify its registration) of the

juridical person participating in the tender, verified by notary;

c. service bank requisites and account number.

d. documents verify financial sources for the implementation of investment

programs

e. investment program, prospect development plan of JSC and bidder's

responsibilities on their implementation, placed in the separate envelope;

f. bankslip confirming the down payment by the winner not less the 10 % on

the accounts, No.141144212, code number 220101107 for GEL and No 070472 code

22010117 for foreign currency, of the Ministry of State Property Management

in the National Bank of Georgia;

g. details from personal identification cards;

h. mandate verified by notary if a person is acting as a representative of

any other persons;

Proposal for willing participation in the tender will be received within the

last 30 calendar days, every day from 14 till 17 o'clock at a local time,

excepted weekends. The bids containing proposals will be opened on 8 October

1999 at the following address: Tbilisi, I.Chavchavadze Ave. No.64 - Ministry

of State Property Management.

Total price includes the down payment paid by the bidder. All participants,

excluding winner, will receive their down payment back after the tender

conclusion.

An applicant receives a status of a bidder after registration of his

application in a tender commission register.

Bidding conditions -

- to bay the 51 % (26255422 shares) of charter capital with starting selling

price 19206600 USD in national currency;

- to pay 51% of price offered in the tender within a year round after

conclusion of the agreement, and remain 49%- within the next year;

- to maintain the company's general profile and to provide its development;

- to reconstruct and renovate the fixed assets;

- to install the new technology;

- to produce the world standards locomotives with 4 axles, direct or

indirect current main line locomotives, industrial locomotives and other

things for everyday repairs, electromechanical industry and agricultural

machinery. Also, to repair the locomotives being under the exploitation and

to produce the necessary details;

- to stabilize the financial situation;

- to carry out the social program, that considers to hold 100% of work

places during the first 3 years and to increase the work places not less

then two times during the next 3 years;

- to carry out the works for environmental protection and to install the new

technology for working without any pollution;

- to invest not less than USD 10 000 000 equivalent in national currency

during the 3 years - 1st year - USD 2,5 million; 2nd year - USD 3,5 million

and 3rd year - USD 4 million;

- investments to be directed for realization the following tender

conditions: - to maintain and develop the company's general profile; to

reconstruct the fixed assets of the company, to exploit the technical

machinery, buildings and etc. Also, restoration of transport networks.

- after signature of the agreement between the parties to cover all creditor

liabilities during the two years.

The "Buyer" is liable to carry out the obligations taken in respect to the

tender conditions and to send the proper notification to the Ministry of

State Property Management of Georgia in every six months. In case of an

exposure of a non-observance of the tender conditions the "Buyer" will

receive a written notification and will be fined with 10% of not paid sum.

In case of an exposure of repeated non-observance of the tender conditions

the parties are able to abolish the agreement unilaterally. Other

responsibilities are foreseen by the agreement.

 

The address of the tender commission is Tbilisi, I.Chavchavadze Ave. No.64,

The Ministry of State Property Management, room #311, tel.: 995 32 29-28-33,

995 32 29 35 93, where you will receive additional information about the

company.

 

+++++++++++++++++++++++++++++++++++++++++++++++++++++

 

Lead #6

 

INVESTMENT TENDER

 Ministry of State Property Management of Georgia announces the investment

 tender for selling the state own shares (1 640 196 shares, 50,59% of the

 charter capital) of JSC "Kaspitsementi" Cement Factory.

 In the tender can participate - Physical or legal persons of Georgia or

 other countries whose property state or local self-governed bodies have

 share less than 25%

 Objectives of the tender - to select the winner, who will offer maximal

 price (no less then its nominal price) for the block of shares, and

 indisputable fulfillment of tender conditions on

 rehabilitation-development

 and maintenance of the company's profile.

 Information about the company - Starting selling price of the control

 block

 of shares (1 640 196 shares, 50,59% of the share capital) of JSC

 "Kaspitsementi" is USD 2 794 000 equivalent in national currency.

 *         Legal address of the company is Nikoladze str.#2, Kaspi;

 *         Charter capital of the company is USD 4 740 095 divided by 3 242 199

 shares (nominal value of per share is USD 1,462);

 *            Company generally produces cement;

 *         Debtor liabilities for 01.04.99 is GEL 461 000

 *         creditor liabilities for 01.04.99 are:

 *         for budget - GEL 2 344 thousand;

 *         non-budgetary funds - GEL 942 thousand;

 *         Other liabilities - GEL 4 290 thousand.

 *         Debt before employers and pensioners - GEL 494 thousand.

 Fixed assets of the company are old, but it is possible to reconstruct and

 renovate them.

 Important competitors in market segment of the company are Uzbekistan,

 Turkmenistan, Azerbaijan and China.

 Selection of winner in the tender - The winner would be the person who:

 *         Fully satisfies the tender conditions;

 *         Invests not less than USD 6 000 000 during the 3 years,

 proportionally in every year;

 *            Selection of the winner by the tender commission would be

 implemented on the base of presented investment package. Herewith,

 criteria

 for winning the tender are payment of a maximum amount and satisfaction of

 all bidding conditions.

 Tender conditions:

            1.            in order to participate in the tender the down payment is

 defined by USD 280 thousand in national currency. This sum is included in

 the total payment (51%) paid by the bidder

            2.            to pay 51% of price offered in the tender within the 30

 calendar days, and remain 49%- till December 1, 2000

            3.            to cover salary debt (GEL 494 thousand) of employers till

 the end of the current year

            4.            to invest USD 6 million during 3 years, not less then 2

 million in every year for the provision of companies rehabilitation,

 technical formulization, installation new technology and harmonization of

 companies productivity on international levels5. to cover budgetary,

 non-budgetary funds and other debts of the company

            5.            to provide company with the filters and other cleaners,

 according to the existing legislation

            6.            before the implementation of the tender conditions, all

 questions concerning the shares of JSC "Kaspicementi", forms of

 transference, alienation, write off of fixed assets, taking credits and

 other loans, pledge input of property, mortgage use and other actions

 established by the civil code of Georgia of State property, should be

 agreed

 with the Ministry of State Property Management

 Proposal for willing participation in the tender will be received within

 the

 last 30 calendar days, every day from 14 till 17 o'clock at local time,

 excepted weekends. The bids containing proposals will be opened on 1

 October

 1999 at the following address: Tbilisi, I.Chavchavadze Ave. No.64 -

 Ministry

 of State Property Management.

 The address of the tender commission is Tbilisi, I.Chavchavadze Ave.

 No.64,

 The Ministry of State Property Management, room #311, tel. 29-28-33, where

 you will receive additional information about the company.

 The "Buyer" is liable to carry out the obligations taken in respect to the

 tender conditions. In case of an exposure of a non-observance of the

 tender

 conditions the "Buyer" will receive a written notification and will be

 fined

 with 10% of not paid sum. A case of an exposure of repeated non-observance

 of the tender conditions is considered as SELLERS initiative of unilateral

 abrogation of the contract, the BUYER will not be returned the amount paid

 and the expenditures born by him will not be reimbursed.

 To participate in the tender, the following documents will be submitted to

 the tender commission:

            1.            an application filled out in respect to the agreed form,

 showing the BUYER'S consent to fulfill declared conditions;

            2.            proposals submitted by BUYER, placed in a separate envelope,

 which is sealed up by the bidder;

            3.            bankslip confirming the advance payment the bidder made on

 the accounts, No.141144212, code number 220101107 for GEL and No 070472

 code

 22010117 for foreign currency, of the Ministry of State Property

 Management

 in the National Bank of Georgia;

            4.            details from personal identification cards;

            5.            mandate verified by notary if a person is acting as a

 representative of any other persons;

            6.            Legal persons should give copies of establishment documents

 in addition.

 An applicant receives a status of a bidder after registration of his

 application in a tender commission register.

 Satisfaction of the tender conditions and payment of the maximal sum is

 the

 criteria for bidder selection.

 

 MINISTRY OF STATE PROPERTY MANAGEMENT

 

++++++++++++++++++++++++++++++++++++++++++++++++++++

 

Lead #8

 

INVESTMENT TENDER

The Ministry of State Property Management announces the commercial tender on

the control block of shares (1967908 shares, 78,61% of the charter capital)

of the Joint-Stock Company "Kolkhida" (Motorcar production) in order to sell

it with the starting price USD 19,680,000.00 equivalent in national

currency.

 

Persons who can participate In the tender - Physical or legal persons of

Georgia or other countries in whose property state or local self-governed

bodies have shares of less than 25%.

Objectives of the tender - to select the investor and partner in order to

formulize the company materially and technically and by the way of the

long-term development to manage the international market.

Information about the company - Legal address of the enterprise is Georgia,

Kutaisi, Avtomshenebeli St. No.88, the company occupies the 132 Ha of the

land area. Charter capital includes the 25 024645 shares. The face value of

one share is USD 1 equivalent in national currency. The state owns 19 676279

shares, 78,6% of charter capital. 5 348366 (21,4%) shares are already

privatized.

*          fixed assets value - 40 116588

*          account receivable - 2442857

*          account payable - 416157

*            employees - 1800

The company produces the high quality trucks with the 2 wheel drivers, that

needs a little modernization. In the past, the company had orders from Iran

and various countries, which nowadays is completely over.

Brief technical characteristic - the main products of the company:

*          trucks with six tones capacity

*          other products for everyday repairs

The company has no analogy in the Caucasian and Middle Asian countries.

Selection of winner in the tender - The winner would be the person who:

*          fully satisfies the tender conditions;

*          invests not less than USD 35,000,000.00 during the 5 years.

Bidding conditions - BUYER is obliged:

*          to hold the company's general profile during the 5 years. In case of

submitted business plan the change of company's profile would be under the

discussion.

*          to reconstruct and renovate the fixed assets;

*          to invest not less than USD 15 000 000 equivalent in national

currency during the 5 years.

*          to hold 60% of work places during the first 4 years;

*          before to implement the tender conditions, all questions concerning

the shares of JSC "Kolkhida", forms of transference, alienation, write off

of fixed assets, taking credits and other loans, pledge input of property,

mortgage use and other actions established by the civil code of Georgia of

State property, should be agreed with the Ministry of State Property

Management.

*          to pay 51% of price offered in the tender within the 30 calendar

days, and remain 49%- within 2 years.

*          The down payment is defined to be 10% of the starting price, which

makes USD 1.968,000.00 equivalent in national currency.

Proposal for willing participation in the tender will be received within the

last 30 calendar days, every day from 14 till 17 o'clock at local time,

excepted weekends. The bids containing proposals will be opened on 3

September 1999 at the following address: Tbilisi, I.Chavchavadze Ave. No.64

- Ministry of State Property Management.

The address of the tender commission is Tbilisi, I.Chavchavadze Ave. No.64,

The Ministry of State Property Management, room #311, tel. 29-28-33, where

you will receive additional information about the company.

The "Buyer" is liable to carry out the obligations taken in respect to the

tender conditions. In case of an exposure of a non-observance of the tender

conditions the "Buyer" will receive a written notification and will be fined

with 10% of not paid sum. A case of an exposure of repeated non-observance

of the tender conditions is considered as SELLERS initiative of unilateral

abrogation of the contract, the BUYER will not be returned the amount paid

and the expenditures born by him will not be reimbursed. Herewith "Buyer" is

liable to pay up accounts payable within 1 year, existing for the moment of

purchase.

To participate in the tender, the following documents will be submitted to

the tender commission:

            1.            an application filled out in respect to the agreed form,

showing the BUYER'S consent to fulfill declared conditions;

            2.            proposals submitted by BUYER, placed in a separate envelope,

which is sealed up by the bidder;

            3.            bankslip confirming the advance payment the bidder made on

the accounts, No.141144212, code number 220101107 for GEL and No 070472 code

22010117 for foreign currency, of the Ministry of State Property Management

in the National Bank of Georgia;

            4.            details from personal identification cards;

            5.            mandate verified by notary if a person is acting as a

representative of any other persons;

            6.            legal persons should give copies of establishment documents

in addition.

An applicant receives a status of a bidder after registration of his

application in a tender commission register.

Satisfaction of the tender conditions and payment of the maximal sum is the

criteria for bidder's selection.

 

++++++++++++++++++++++++++++++++++++++++++++++++

COMMERCIAL TENDER

The Ministry of State Property Management announces a tender on the state

owned block of shares (720512 shares - 54.68% of the chartered capital) of

joint-stock company "Lithophone" in order to implement respective investment

program and to sell the shares with the starting price USD 721 000

equivalent in national currency.

In the tender can participate- Physical or legal persons of Georgia or other

countries in whose property Georgian state or local self-governed organs

have share participation less than 25%.

Objective of the tender - Selection of the strategic partner and investor

for JSC "Lithopone" in purpose of effective management of the company and

investment inflow in the company, what in its turn will stimulate company's

material-technical conversion into the modern enterprise which will be in

full compliance with international standards and modern market requirements.

Information about the company - Company has no analog in Caucasus and Middle

Asia. Similar companies are located in Germany and China.

*          The address of the company - Tsereteli St. 192, Kutaisi Georgia;

*          The company occupies the 32 Ha of land area. Industrial area -45000

square meters;

*          The charter capital of the company - 1317604 shares, 720512 shares

(54.68%) are still in the state ownership. 597093 shares (45.32%) are

already privatized.

*          The value of company's fixed assets - 2 696788 GEL, accounts

receivable - 50 000 GEL, accounts payable - 10 000 GEL.

*          The company does not face any difficulties concerning its financial

situation. It is one of those enterprises that do not have any liabilities

towards budget of Georgia and do not have any difficulties with raw

materials.

Brief technical information about the company - At this moment JSC Lithopone

Factory produces and is able to produce litophone, micro-barite,

micro-calcite, different paints, copper sulfate (vitriol) and others. The

production is widely used in different fields of economy. The volume of

sales of the company in 1990 was 45 mil USD. In 1998 - 2 mil USD. The

factory is able to produce 30 000 tons of products. At this moment company

produces only 1500 - 2000 tons. The company has consumer network (Georgia,

CIS countries). Nowadays, factory faces problems of environmental pollution.

At this moment company's staff consists 293 workers. Currently, the company

uses 15% of its full capacity.

The winner of the tender - In order to win in the tender, the participant

must:

*          fulfill all tender conditions;

*          invest not less than 6 mil USD in the company during the period of 3

years, according to the timetable set by the tender commission;

Bidding conditions -

*          to keep the company's profile during minimum 3 years; herewith,

after the presentation of proper business-plan, it is possible to discuss

the question concerning future profile changes;

*          to restructure the company's fixed assets;

*          to present the plan of company's reconstruction and future

development

*          to adopt the new technologies in the factory;

*          to improve the company's ecological situation;

*          to invest 6 mil USD in the company during the period of 3 years;

*          to hold at least 70% of working places in the company;

*          before the tender conditions fulfillment, all questions concerning

the shares of JSC "Lithopone", forms of transference, alienation, write off

of fixed assets, loans, pledge input of property, mortgage use and other

actions established by the civil code of Georgia of State property, should

be agreed with the Ministry of State Property Management;

*          the payment equal to the 51% of the selling block of shares must be

made within 30 calendar days and the rest of 49% must be paid during 2

years;

*          The down payment is defined to be 10% of the starting price, which

makes USD 72 100 equivalent in national currency.

Proposal for willing participation in the tender will be received during the

last 30 calendar days, every day from 14 till 17 o'clock at local time,

excepted weekends. The bids containing proposals will be opened on 3

September 1999 at the following address: Tbilisi, I.Chavchavadze Ave. No.64

- Ministry of State Property Management.

The address of the tender commission is Tbilisi, I.Chavchavadze Ave. No.64,

The Ministry of State Property Management, room #311, tel. 29-28-33, where

you will receive additional information about the company.

The "Buyer" is liable to carry out the obligations taken in respect to the

tender conditions. In case of an exposure of a non-observance of the tender

conditions the "Buyer" will receive a written notification and will be fined

with 10% of not paid sum. A case of an exposure of repeated non-observance

of the tender conditions is considered as SELLERS initiative of unilateral

abrogation of the contract, the BUYER will not be returned the amount paid

and the expenditures born by him will not be reimbursed. Herewith "Buyer" is

liable to pay up accounts payable within 1 year, existing for the moment of

purchase.

To participate in the tender, the following documents will be submitted to

the tender commission:

            1.            an application filled out in respect to the agreed form,

showing the BUYER'S consent to fulfill declared conditions;

            2.            proposals submitted by BUYER, placed in a separate envelope,

which is sealed up by the bidder;

            3.            bankslip confirming the advance payment the bidder made on

the accounts, No.141144212, code number 220101107 for GEL and No 070472 code

22010117 for foreign currency, of the Ministry of State Property Management

in the National Bank of Georgia;

            4.            details from personal identification cards;

            5.            mandate verified by notary if a person is acting as a

representative of any other persons;

            6.            legal persons should give copies of establishment documents

in addition.

An applicant receives a status of a bidder after registration of his

application in a tender commission register.

Full satisfaction of bidding conditions and offering maximal price is the

criteria for bidder's selection.

 

 

++++++++++++++++++++++++++++++++++++++++++++++

Lead #9

 

INVESTMENT TENDER

> Ministry of State Property Management of Georgia announces the commercial

> tender to sell the state own shares (8 606 997 shares, 76% of the charter

> capital) of JSC "QIMBOCHKO"

> Persons who can participate in the tender - Physical or legal persons of

> Georgia or other countries whose property state or local self-governed

> bodies have share less than 25%

> Objectives of the tender - to select the winner, who will offer maximal

> price (no less then its nominal price) for the block of shares, and

> indisputable fulfillment of tender conditions on

> rehabilitation-development

> and maintenance of the company's profile.

> Information about the company - Starting selling price of the control

> block

> of shares (8 606 997 shares, 76% of the share capital) of JSC "Qimbochko"

> is

> USD 6 621 000 equivalent in national currency.

> &middot; Legal address of the company - Mshenebeli str.#12, Rustavi,

> Georgia.

> &middot; location - 75 Ha

> &middot; Charter capital - USD 11 324 997 divided by 11 324 997 shares

> (nominal value of per share is GEL1)

> &middot; Company generally produces chemical fibre.

> Selection of winner in the tender - The winner would be the person who:

> - Fully satisfies the tender conditions;

> - Invests not less than USD 6 million during the 3 years, proportionally

> in

> every year;

> - Selection of the winner by the tender commission would be implemented

> base

> on the presented investment package. Herewith, criteria for winning the

> tender are payment of a maximal amount and satisfaction of all bidding

> conditions.

> Tender conditions:

> 1. total payment (51%) includes the down payment for the tender

> participation and is defined to be USD 662,1 thousand equivalent in

> national

> currency;

> 2. to pay 51% of price offered in the tender, within the 30 calendar days

> and remain 49% - till December 1, 2000.

> 3. to cover salary debt of employers till the end of current year.

> 4. companies rehabilitation, technical formulization, installation of the

> new technology and harmonization of the companies productivity on

> international levels. For this purpose to carry out USD 6 million

> investments within the 3 years (not less then USD 2 million in every year)

> and to submit the proper business plan;

> 5. to cover budgetary, non-budgetary funds and other creditor liabilities

> of

> the company;

> 6. to provide company with the filters and other cleaners, according to

> the

> existing legislation of Georgia;

> 7. before the implementation of the tender conditions, all questions

> concerning the shares of JSC "Qimbochko", forms of transference,

> alienation,

> write off of fixed assets, taking credits and other loans, pledge input of

> property, mortgage use and other actions established by the civil code of

> Georgia of State property, should be agreed with the Ministry of State

> Property Management

> Proposal for willing participation in the tender will be received within

> the

> last 30 calendar days, every day from 14 till 17 o'clock at local time,

> excepted weekends. The bids containing proposals will be opened on 17

> September 1999 at the following address: Tbilisi, I.Chavchavadze Ave.

> No.64

> - Ministry of State Property Management.

> The address of the tender commission is Tbilisi, I.Chavchavadze Ave.

> No.64,

> The Ministry of State Property Management, room #311, tel. 29-28-33, where

> you will receive additional information about the company.

> The "Buyer" is liable to carry out the obligations taken in respect to the

> tender conditions. In case of an exposure of a non-observance of the

> tender

> conditions the "Buyer" will receive a written notification and will be

> fined

> with 10% of not paid sum. A case of an exposure of repeated non-observance

> of the tender conditions is considered as SELLERS initiative of unilateral

> abrogation of the contract, the BUYER will not be returned the amount paid

> and the expenditures born by him will not be reimbursed.

> To participate in the tender, the following documents will be submitted to

> the tender commission:

> a. an application filled out in respect to the agreed form, showing the

> BUYER'S consent to fulfill declared conditions;

> b. proposals submitted by BUYER, placed in a separate envelope, which is

> sealed up by the bidder;

> c. bankslip confirming the advance payment the bidder made on the

> accounts,

> No.141144212, code number 220101107 of the Ministry of State Property

> Management in the National Bank of Georgia;

> d. details from personal identification cards;

> e. mandate verified by notary if a person is acting as a representative of

> any other persons;

> f. Legal persons should give copies of establishment documents in

> addition.

> An applicant receives a status of a bidder after registration of his

> application in a tender commission register.

> Criteria for winner's selection are the full satisfaction of tender

> conditions and payment of the maximal price.

>

 

 

+++++++++++++++++++++++++++++++++++++++++++

Lead #10

 

INVESTMENT TENDER

Ministry of State Property Management of Georgia announces the tender for

selling the state own shares (92,45% of the charter capital) of JSC

"Sakabreshumi" (Georgian Silk).

In the tender can participate - Physical or legal persons of Georgia or

other countries whose property state or local self-governed bodies have

share less than 25%

Objectives of the tender - to select the winner, who will offer maximal

price (no less then its nominal price) for the block of shares, and

indisputable fulfillment of tender conditions on rehabilitation-development

and maintenance of the company's profile.

Information about the company - Starting selling price of the control block

of shares (1127253 shares, 92,45% of the share capital) of JSC

"Sakabreshumi" is USD 1128000 equivalent in national currency.

*          Legal address of the company is Tsabadze str.#6, Tbilisi.

*          Charter capital of the company is USD 1 219 269 divided by 1 219 269

shares (nominal value of per share is USD1)

*            Company generally produces silk cocoon.

*          Fixed assets of the company are located in various parts of Georgia

Balance value of the Company is GEL 782 600 at 01.01.99, and rest value of

the fixed assets are USD 70 222 equivalent in national currency.

Account receivable of the company for 01.01.99 are GEL 219 441, and account

payable - GEL 190 017. Governmental liabilities are GEL 30 580.

Fixed assets of the company are old, but it is possible to reconstruct and

renovate them.

Important competitors in market segment of the company are Azerbaidzan,

Uzbekistan, Turkmenistan and China.

Selection of winner in the tender - The winner would be the person who:

*          Fully satisfies the tender conditions;

*          Invests not less than USD 500 000 during the 2 years, proportionally

in every year and established by the tender conditions;

Tender conditions:

            1.            to keep the general profile of the company (production of

silk cocoon) during the 5 years. Herewith, after the presentation of proper

business-plan, it is possible to discuss the question concerning the profile

changing;

            2.            reconstruction and renovation of fixed assets;

            3.            investments not less than USD 500 000 equivalent in national

currency during the 2 years, proportionally every year, for the

rehabilitation-development of the company;

            4.            before to implement the tender conditions, all questions

concerning the shares of JSC "Sakabreshumi", forms of transference,

alienation, write off of fixed assets, taking credits and other loans,

pledge input of property, mortgage use and other actions established by the

civil code of Georgia of State property, should be agreed with the Ministry

of State Property Management

            5.            to pay 51% of price offered in the tender within the 30

calendar days, and remain 49%- within 2 years.

            6.            The down payment is defined to be 10% of the starting price,

which makes USD 112,800.00 equivalent in national currency.

Proposal for willing participation in the tender will be received within the

last 30 calendar days, every day from 14 till 17 o'clock at local time,

excepted weekends. The bids containing proposals will be opened on 3

September 1999 at the following address: Tbilisi, I.Chavchavadze Ave. No.64

- Ministry of State Property Management.

The address of the tender commission is Tbilisi, I.Chavchavadze Ave. No.64,

The Ministry of State Property Management, room #311, tel. 29-28-33, where

you will receive additional information about the company.

The "Buyer" is liable to carry out the obligations taken in respect to the

tender conditions. In case of an exposure of a non-observance of the tender

conditions the "Buyer" will receive a written notification and will be fined

with 10% of not paid sum. A case of an exposure of repeated non-observance

of the tender conditions is considered as SELLERS initiative of unilateral

abrogation of the contract, the BUYER will not be returned the amount paid

and the expenditures born by him will not be reimbursed. Herewith "Buyer" is

liable to pay up accounts payable within 1 year, existing for the moment of

purchase.

To participate in the tender, the following documents will be submitted to

the tender commission:

            1.            an application filled out in respect to the agreed form,

showing the BUYER'S consent to fulfill declared conditions;

            2.            proposals submitted by BUYER, placed in a separate envelope,

which is sealed up by the bidder;

            3.            bankslip confirming the advance payment the bidder made on

the accounts, No.141144212, code number 220101107 for GEL and No 070472 code

22010117 for foreign currency, of the Ministry of State Property Management

in the National Bank of Georgia;

            4.            details from personal identification cards;

            5.            mandate verified by notary if a person is acting as a

representative of any other persons;

            6.            Legal persons should give copies of establishment documents

in addition.

An applicant receives a status of a bidder after registration of his

application in a tender commission register.

+++++++++++++++++++++++++++++++++++++++++++++++

 

Lead #11

 

INVESTMENT TENDER

The Ministry of State Property Management announces the commercial tender on

the control block of shares (92,45% of the charter capital) of the JSC

"Tami" in order to sell it with starting selling price USD 1,433,000.00 in

national currency.

Persons who can participate in the tender: Physical or legal persons of

Georgia or other countries in whose property the state or local

self-governed bodies have shares of less than 25%.

Objectives of the tender - to select the investor and partner in order to

formulize the company materially and technically and by the way of the

long-term development to manage the international market.

Information about the company:

- seller - Ministry of State Property Management of Georgia

- legal address - David Garedzhi St. No 36 Rustavi, Georgia

- charter capital - 26 683133

- the state ownership - 1432762 shares (53,0%) of charter capital (nominal

value of a share is USD 1)

- shareholders - 750 persons (650 employees of the company. Mr. Zurab

Samardashvili is the owner of 21,3% of shares)

Objectives and farther activities- in 1999 the JSC "Tami" is planning to

grow its productivity on USD 560,000.00 and to increase the annual profit on

USD 60870 based on the orders. The company has the social debts - 214,177.00

GEL that includes penalty fee.

JSC "Tami" occupies 13.69 Ha of the land area. Its technical equipment are

placed on 32200 sq./m. The company owns buildings for the following

appointments: managing building - 2110 sq./m.; main workshops - 25800

sq./m.; additional facilities - 5660 sq./m.; casting workshops - 2450

sq./m.; building for metal, oil paintings and other materials - 14952 sq./m.

JSC has the 413 units of machinery tools: metal-cutter 153, electron-welder

94, goods elevators 108 and casting machinery 11. Main raw materials - black

metals, sheet metals and tubes.

- value of fixed assets - 3465275 GEL

- debtor liabilities 1583152 GEL

- creditor liabilities 1469599 GEL

Technical characteristic of the JSC "Tami" - Nowadays, the company produces

the following products:

- Tower cranes kb-100.3a and kb-1003b intended for civil construction (till

9 floors) and for working mechanisms of industrial buildings, capacity - 8

tone,

- Tower crane 100.8.01 intended for civil construction (till 9-12 floors),

capacity - 8 tone.

- reservoirs for everyday repairs - 27 liter

- mobile tower cranes for 3 floors construction (under the installation)

- tower elevators

- reservoirs for high pressure

JSC "Tami" has planned to assimilate the market segments, spread on the

whole territory of Georgia, near East countries and republics of northern

Caucasus, first of all republic of Ichkeria and northern Osetia. Market

selection is coming from the following conditions: JSC "Tami" has no analogy

in Caucasus and Middle Asia, in tower cranes construction.

Selection of winner in the tender - The winner would be the person who:

- fully satisfies the tender conditions;

- invests not less than USD 1,000,000.00 during the 2 years.

Bidding conditions - Buyer is obliged:

- to hold the company's general profile during the 5 years. In case of

submitted business plan the change of company's profile would be under the

discussion.

- to reconstruct and renovate the fixed assets;

- to invests USD 3 million during the 3 years.

- before to implement the tender conditions, all questions concerning the

shares of JSC "Elektromekanikosi", forms of transference, alienation, write

off of fixed assets, taking credits and other loans, pledge input of

property, mortgage use and other actions established by the civil code of

Georgia of State property, should be agreed with the Ministry of State

Property Management

- to pay 51% of price offered in the tender within the 30 calendar days, and

remain 49%- within 2 years.

- The down payment is defined to be 10% of the starting price, which makes

USD 143,300.00 equivalent in national currency.

Proposal for willing participation in the tender will be received within the

last 30 calendar days, every day from 14 till 17 o'clock at local time,

excepted weekends. The bids containing proposals will be opened on 3

September 1999 at the following address: Tbilisi, I.Chavchavadze Ave. No.64

- Ministry of State Property Management.

The address of the tender commission is Tbilisi, I.Chavchavadze Ave. No.64,

The Ministry of State Property Management, room #311, tel. 29-28-33, where

you will receive additional information about the company.

The "Buyer" is liable to carry out the obligations taken in respect to the

tender conditions. In case of an exposure of a non-observance of the tender

conditions the "Buyer" will receive a written notification and will be fined

with 10% of not paid sum. A case of an exposure of repeated non-observance

of the tender conditions is considered as Sellers initiative of unilateral

abrogation of the contract, the BUYER will not be returned the amount paid

and the expenditures born by him will not be reimbursed. Herewith "Buyer" is

liable to pay up accounts payable within 1 year, existing for the moment of

purchase.

 

To participate in the tender, the following documents will be submitted to

the tender commission:

- an application filled out in respect to the agreed form, showing the

BUYER'S consent to fulfill declared conditions;

- proposals submitted by BUYER, placed in a separate envelope, which is

sealed up by the bidder;

- bankslip confirming the advance payment the bidder made on the accounts,

No.141144212, code number 220101107 for GEL and No 070472 code 22010117 for

foreign currency, of the Ministry of State Property Management in the

National Bank of Georgia;

- details from personal identification cards;

- mandate verified by notary if a person is acting as a representative of

any other persons;

- Legal persons should give copies of establishment documents in addition.

An applicant receives a status of a bidder after registration of his

application in a tender commission register.

Satisfaction of the tender conditions and payment of the maximal sum is the

criteria for bidder selection.

++++++++++++++++++++++++++++++++++++++++++++++++

 

Lead #12

 

1999-462-01-108-T

Aromasintez, JSC

Contact:    Alexey Vladimirovich Petrukhin             

Phone:     +7  (0842) 12 28 70                             

Fax:        +7 (08422) 24472                              

Address:     39, Komsomolskaya Roscha, Kaluga,  248010

E-mail:    aroma@postklg.ru

Product Information:

Type of Lead:    Direct Purchase

Company Type:    Private

HS Code:     1.  3823 - Industrial Monocarboxylic Fatty Acids/  Acid Oils

From Refining/Industrial Fatty Alcohols

2.  120400 - Flaxseed (Linseed)/ Whether Or Not Broken                    

 

Industry:    Cosmetics/Toiletries - (COS), Drugs/Pharmaceuticals - (DRG)  

                  

Brief Description:    Synthetic Aromatic composites, vitamins, composites

for cream, shampoo, soap, and lotion.  

Detailed Description:    1.  Stearic acid, industrial.    2. Flaxseed oil,

industrial, refined, bleached.                   

Specifications/Technical Data:    1. - Acid number - 198-201mgKOH; - iodine

number - not more than 3.0 g I(2) per 100g.; - freeze tempreature - more

than 65 Celcius;     2. - Iodine number - not less than 175 mg I(2) /100g;

- acid number - not more than 0.7 mg KOH        

U.S. Dollar Value:    1. $1/kg; 2. $0.8/kg

Quantity Needed:   1. - 18,000 kg;  2.-  60,000 kg                

Payment Terms:   prepayment

Shipping Terms:   n/a

Is a Service Contract Needed:    n/a

Purchase Needed by:   n/a                          

Who/What is the End User:    the company                 

Response Information:

Response Language:    English/Russian                                     

      

Best Way to Respond:    Fax, E-mail

From Manufacturers Only:    Agents and Distributors Acceptable            

            

Information Desired from U.S. Firm:   catalogues, price-list, booklets

Primary Buying Factors:   quality, price, shipping and date terms         

          

Intent to Buy:                                                             

          

Type of Buying or Licensing Relationship:    Regular/long term supplier

with continual sales             

Company Information:

Type of Business:   Manufacturer                                          

     

Year Established:   1992

# of Employees:   1,000                      

Annual Sales:    <$5 Million

US Firms Represented:    no                         

Member of Business Chamber:    Yes

Describe:       Kaluga Chamber of Commerce 

Bank Name & Address:

Sales Territory/Area/Countries:    NIS                        

Company Description and Business Activity:  The largest manufacture of the

products, conducts foreign trade for 7 years