AUCTION FOR 20 PERCENT STAKE IN LENINGRAD OIL SHALE CO POSTPONED TO SEPT

摘要

The auction for a 20 percent stake in Leningradslanets, an oil share extractor in the Leningrad region, has been postponed until September for technical reasons, a spokesman for the regional property fund told Interfax on August 9 The auction for the region's stake in the company was originally scheduled for August 8 and was to offer the shares at a starting price of 18.699 million rubles. The stake is being sold to attract an investor to get the company out of its crisis.