BISNISTrades & Tenders, August 22, 1999 -Part 2

 

InternationalCopyright, U.S. & Foreign Commercial Service and U.S. Department of State,1999.   All rights reservedoutside of the United States.

 

The Business Information Service for the Newly IndependentStates (BISNIS) is the U.S. Department of Commerce's information clearinghouseon trade and investment in the emerging markets of the newly independent statesof the former Soviet Union.  BISNIShas created the "BISNIS Trades & Tenders" electronic newsletterto help U.S. companies find business opportunities in these expanding markets.

 

Theseopportunities are provided solely as an informational service and do notrepresent an endorsement by the U.S. Department of Commerce. Verification ofleads is the responsibility of the reader. BISNIS may consider other privatesector-generated trade leads and tenders, in electronic form only, and publishon a space-available basis.  Pleasesend your leads to [email protected]

 

Afull selection of BISNIS leads and other market intelligence are available viaBISNIS OnLine at: www.bisnis.doc.gov

 

Tableof 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" CementFactory - Georgia

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

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

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

Lead #9:  Tender for Chemical Fiber Facility - Georgia

Lead #10: Tender for Sakabreshum -SilkFacility - Georgia

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

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

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Lead#1

 INVESTMENT TENDER

The Ministry of State Property Managementannounces the tender in order to

sell "Georgian Airlines" LLC. 

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

prepare the company's long-term developmentto participate in the

international market. 

Brief technical information about thecompany - 

*          TheCompany passed the registration on August 5, 1999 in the

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

*          Inaccordance with the Presidential Decree No 465 09.08.98 the

company obtained the status of flag carrierin air-transportation 

*          Thestarting selling price of "Georgian Airline" Company is USD

1,200,638.00 equivalent in nationalcurrency, that includes the sate own

shares and properties not included in thecharter capital. Down payment is

defined to be USD 120,064.00 in nationalcurrency. 

*          Aircraftconditions for 01.08.99 are presented in the attachments:

1,2,3. 

*            Technicalconditions of engines (for 01.08.99) are presented in the

attachment 4,5,6 

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

presented in the attachment 7. 

*          Theflights and status of "Georgian Airline" LLC are presented in

the attachment 8. 

*          TheCompany's liabilities: 

*          Debtorliabilities - 2,797,536.00 GEL 

*          Creditorliabilities - 7,632,765.00 GEL 

*          Moredetailed information concerning "Georgian Airline" LLC can be

obtained in the Ministry of State PropertyManagement of Georgia and in the

State Department of Air Transport on thefollowing 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 propertystate or local self-governed

bodies have shares of less than 25%. 

To participate in the tender, the followingdocuments will be submitted to

the tender commission:

            1.            anapplication filled out in respect to the agreed form,

showing the BUYER'S consent to fulfilldeclared conditions; 

            2.            foundationdocuments (charter, document identify its

registration) of the juridical personparticipating in the tender, verified

by notary; 

            3.            servicebank name, its requisites and account number 

            4.            documentsverify financial sources for the implementation of

investment programs 

            5.            investmentprogram, prospect development plan of LLC and

bidder's responsibilities on theirimplementation, placed in the separate

envelope; 

            6.            receiptconfirming 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 foreigncurrency, of the Ministry of State

Property Management in the National Bank ofGeorgia; 

            7.            detailsfrom personal identification cards; 

            8.            mandateverified by notary if a person is acting as a

representative of any other persons; 

An applicant receives the status of a bidderafter registration of his

application in the tender commissionregister. 

The period of receiving application frompersons intended to participate in

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

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

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

I.Chavchavadze Ave. No.64 - Ministry ofState Property Management.

Total price includes the down payment paidby the bidder. All participants,

excluding winner, will receive their downpayment back after the tender

completion. 

Bidding conditions - BUYER is obliged:

*          toprovide the company with an aircraft within the 3 months after

signing the agreement, which satisfies thestandards of the European Union

and relative European regulating bodies 

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

crew of an aircraft and other technicalworkers 

*          tomaintain and develop the company's general profile 

*          torestructure the company's debts within a year 

*          toprovide the staff with safe working condition 

*          toprovide free medical examinations for the personal 

*          toprovide the payment of persons to disabled workers 

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

and remaining payment 49%- within 1 years 

Selection of the winner - Satisfaction ofthe tender conditions and payment

the highest price are the criteria forbidder selection.

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

tender conditions and to send the propercompliance notification to the

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

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

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

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

able to abolish the agreement unilaterally.Other responsibilities are as

considered by the agreement. 

 

The address of the tender commission isTbilisi, 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 receiveadditional information about the

company. 

 

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

Lead #2

INVESTMENT TENDER

Ministry of State Property Management announced thecommercial tender on the

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

starting price (USD 20000 equivalent in nationalcurrency)

In the tender can participate - Physical or legalpersons of Georgia or

other countries in whose property state or localself-governed bodies have

share less than 25%.

Information about the company - Legal address of theenterprise is Tsereteli

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

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

is the Ministry of State Property Management.

BIDDING CONDITIONS

BUYER is obliged:

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

would be carried out within the 30 calendar days afterconclusion of the

agreement with the Ministry of State PropertyManagement. 

*          Tocarry out investment commitment, including reinvestments, in

accordance with the program submitted by him. Annualproduction and

realization of manganese concentrate would be the maincondition of the

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

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

not less than 200 thousand tones. 

*          Tocompensate the creditor liabilities of JSC "Chiaturmanganum"

under the law of Georgia on "Restructuring taxliabilities", also, to

regulate the company's debts. 

*          Tosatisfy the internal market demands on manganese concentrate. 

*          Tofulfil the license conditions for origination-exploitation of

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

guarantee to the counsel of experts authorized to givethe right for

exploitation of nature recourses, with the Ministry ofEnvironment

Protection of Georgia. 

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

*          Tosubmit 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 ofState Property

Management;

Bidders can receive additional information aboutfinancial and economic

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

liable to make it available.

Criteria for winning the tender are payment of a maximalamount and

satisfaction of all bidding conditions. Proposal forwilling participation

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

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

containing proposals will be opened on 20 August 1999 at16 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 symbolicstarting price, which

makes USD 20.000 equivalent in national currency andwould be carried out on

the account No 141144212 code 220101107 for GEL and No070472 code 22010117

for foreign currency.

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

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

Agreement verified by notary would be concluded betweenBUYER and SELLER

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

will be fined with USD 200.000 equivalent in nationalcurrency in case to

delay signature of the agreement within the establishedterms.

The BUYER is liable to carry out the obligations takenin respect to the

tender conditions and inform the SELLER about theirimplementation once in

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

conditions the BUYER will receive a written notificationand will be fined

with USD 200.000 equivalent in GEL. A case of anexposure of repeated

non-observance of the tender conditions is considered asSELLERS initiative

of unilateral abrogation of the contract, the BUYER willnot be returned the

amount paid and the expenditures born by him will not bereimbursed.

To participate in the tender following documents will besubmitted to the

tender commission:

            1.            Anapplication filled out in respect to the agreed form,

showing the BUYER'S consent to fulfill declaredconditions; 

            2.            Proposalssubmitted by BUYER, placed in a separate envelope,

which is sealed up by the bidder; 

            3.            Bankslipconfirming the advance payment the bidder made on

the accounts, No.141144212, code number 220101107 forGEL and No 070472 code

22010117 for foreign currency, of the Ministry of StateProperty Management

in the National Bank of Georgia; 

            4.            Detailsfrom personal identification cards; 

            5.            Mandateverified by notary if a person is acting as a

representative of any other persons; 

            6.            Documentsguaranteeing the financial support of investments;

 

            7.            Legalpersons should give copies of establishment documents

in addition. 

An applicant receives a status of a bidder afterregistration of his

application in a tender commission register.

Information concerning the company should be obtainedthrough the Internet

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

<http://www.georgia.net.ge/mospmand www.casebycase.org.ge

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

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

Lead #3

Ministry of State Property Management ofGeorgia 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 financialand technical rehabilitation

and by means of long term development toimplement maximally and effectively

international market in the shortest timepossible by JSC

"Elmavalmshenebeli"

Selection of the successful bidder:

The successful bidder will be the one who:

*          Whollysatisfies the tender conditions;

*            Implementsmaximum investment (no less then 10 million USD during 3

years) according to the tender terms

*          Willpay 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 stateowned part of charter capital is

less then 25%, and also foreign legalnatural persons. 

Conditions for participating the tender:

For participation in the tender bidders arerequired to submit documents to

the tender commission:

1.            Properlycompleted application form, which should incorporate the

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

defined by the tender commission

2.            Naturallyconfirmed foundation documents (company charter and

registration certificate) of the legalperson participation in the tender;

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

4.         Thedocuments confirming existence of all the necessary financial

resources in order to implement the offeredinvestment program;

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

obligations to implement them placed in aseparate envelope and sealed by

the bidder;

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

deposit transferred to the Ministry of StateProperty Management account in

the national bank of Georgia. Account # 141144 212, code 220 101 107;

7.            Passportdetails;

8.            Naturallyconfirmed power of attorney in case the buyer acts on

behalf of another person.

The bidder applications will be receivedduring 30 calendar days before the

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

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

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

Chavchavadze Ave, Tbilisi, Georgia.

The advanced payment paid by successfulbidder, will be included in final

price paid for the enterprise, otherparticipants would be repaid according

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

commission register the participant obtainstender participant status.

Main conditions of the tender are:

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

"Elmavalmshenebeli" with startingprice 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 30calendar days after signing the

contract and covering remaining 49% withinthe following two years period:

*            Maintainthe core business of the factory and guarantee its

development;

*            Utilizationof production capacities and implementation of

progressive technological process;

*            Implementationof the enterprise's development management'

*            Productionof modern type four axle passenger locomotives according

to the international standards, working onconstant and alternating current

cargo main line locomotives, industriallocomotives, industrial locomotives;

Electro technical, agricultural, equipmentand manufacturing of consumer's

goods, repairing functioning locomotives andmanufacturing its spare parts.

*            Improvementand further stabilization of existing financial

situation;

*            Implementationof social program, which is to maintain the existing

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

next three years.

*            Introductionenvironmental protection technologies, implementation

of environmentally clean and waste-lesstechnologies;

*          Inorder to guarantee the tender terms, during three years there

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

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

*            Investmentshave to be purposed to implement the following tender

condition:

*            Maintenanceand development of the core business of the plant

rehabilitation and reconstruction of fixedassets of main and subsidiary

shops, putting into operation machinery andtechnological equipment,

rehabilitation  of transmitting equipment, buildings, special equipment

buildings, special equipment and machinery,rehabilitation and

reconstruction of transport communications;

*            Coveringexisting liabilities in next two years period after signing

the contract.

Selection of successful bidder

Tender commission, on the basis ofinvestment package, presented to tender

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

selecting of successful bidder is thefulfillment of tender conditions and

investing the maximum sum - withinperspective development program presented

by the bidder.

Responsibility for non-fulfillment of tenderterms and obligations taken

under the contract

The successful bidder must fulfill theobligations taken under the tender

conditions and contract obligations andreport on the fulfillment of tender

terms and obligations taken under the contract

The successful bidder must fulfil theobligations taken under the tender

conditions and contract obligations andreport on the fulfillment of these

obligations to the Ministry of StateProperty Management every 6 months. 

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

taken by the contract, successful bidderwill receive warning in written

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

investment.

If the buyer fails for the second time tofulfill the tender terms, the

other party has the successful bidder shallnot be returned and the expenses

already spent shall not be refunded.

Other obligations of the parties will bethose set forth in agreement

obligations.

 

Datailed information on the company isavailable on the BISNIS home page 

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

Lead #4

 

INVESTMENT TENDER

The Ministry of State Property Managementannounces the commercial tender on

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

of the JSC "Elektromekanikosi" inorder to sell it with the starting price

USD 1,941,500.00 equivalent in nationalcurrency.

 

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

Georgia or other countries in whose propertystate or local self-governed

bodies have shares of less than 25%.

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

formulize the company materially andtechnically and by the way of the

long-term development to manage the internationalmarket.

Information about the company - Legaladdress of the enterprise is Georgia,

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

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

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

privatized.

*          fixedassets value - 4 506374 

*          debtorliabilities - 345012 

*          creditorliabilities - 826232 

*            employees- 637 

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

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

stopped due to the heavy financialsituation. Some details for the pumps are

imported from Ukraine and Moldavia, when thecompany has opportunity to

produce them independently.

The other products of the company are smalland medium electric engines for

various applications. Also, the mediumlifting 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 mainproducts of the company:

*          oilpump with capacity 2,0-90 kW; 

*          waterpump with capacity 11 kW; 

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

*          Fullysatisfies the tender conditions; 

*          Investsnot less than USD 1,000,000.00 during a year. 

Bidding conditions - BUYER is obliged:

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

submitted business plan the change ofcompany's profile would be under the

discussion. 

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

USD 1,000,000.00 equivalent in nationalcurrency during a year. 

*          tohold 70% of work places; 

*          beforeto implement the tender conditions, all questions concerning

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

write off of fixed assets, taking creditsand other loans, pledge input of

property, mortgage use and other actionsestablished by the civil code of

Georgia of State property, should be agreedwith the Ministry of State

Property Management 

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

days, and remain 49%- within 2 years. 

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

makes USD 194,150.00 equivalent in nationalcurrency. 

Proposal for willing participation in thetender will be received within the

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

excepted weekends. The bids containingproposals 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 isTbilisi, I.Chavchavadze Ave. No.64,

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

you will receive additional informationabout the company.

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

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

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

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

of the tender conditions is considered asSELLERS initiative of unilateral

abrogation of the contract, the BUYER willnot be returned the amount paid

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

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

purchase

To participate in the tender, the followingdocuments will be submitted to

the tender commission:

            1.            anapplication filled out in respect to the agreed form,

showing the BUYER'S consent to fulfilldeclared conditions; 

            2.            proposalssubmitted by BUYER, placed in a separate envelope,

which is sealed up by the bidder; 

            3.            bankslipconfirming the advance payment the bidder made on

the accounts, No.141144212, code number220101107 for GEL and No 070472 code

22010117 for foreign currency, of theMinistry of State Property Management

in the National Bank of Georgia; 

            4.            detailsfrom personal identification cards; 

            5.            mandateverified by notary if a person is acting as a

representative of any other persons; 

            6.            Legalpersons should give copies of establishment documents

in addition. 

            7.            Anapplicant receives a status of a bidder after

registration of his application in a tendercommission register. 

Satisfaction of the tender conditions andpayment of the maximal sum is the

criteria for bidder selection.

 

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

Lead #5

INVESTMENT TENDER

The Ministry of State Property Management announces thecommercial tender in

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

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

Tender objectives - to select the investor and partner inorder to formulize

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

development to manage the international market. 

Brief technical characteristic - 

- re-registration - December 30, 1998 (in the court ofNadzaladevi 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 theCompany's Presentation

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

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

- fully satisfy the tender conditions;

- pay maximal sum (not less then starting sellingprice).

Persons who can participate in the tender - Physical orlegal persons of

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

bodies have shares less than 25%. 

To participate in the tender, the following documentswill be submitted to

the tender commission:

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

BUYER'S consent to fulfill declared conditions;

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

juridical person participating in the tender, verifiedby notary; 

c. service bank requisites and account number.

d. documents verify financial sources for theimplementation of investment

programs

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

responsibilities on their implementation, placed in theseparate envelope;

f. bankslip confirming the down payment by the winnernot less the 10 % on

the accounts, No.141144212, code number 220101107 forGEL and No 070472 code

22010117 for foreign currency, of the Ministry of StateProperty Management

in the National Bank of Georgia; 

g. details from personal identification cards; 

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

any other persons; 

Proposal for willing participation in the tender will bereceived within the

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

excepted weekends. The bids containing proposals will beopened on 8 October

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

of State Property Management.

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

excluding winner, will receive their down payment backafter the tender

conclusion. 

An applicant receives a status of a bidder afterregistration of his

application in a tender commission register. 

Bidding conditions - 

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

price 19206600 USD in national currency; 

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

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

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

- to reconstruct and renovate the fixed assets;

- to install the new technology;

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

indirect current main line locomotives, industriallocomotives and other

things for everyday repairs, electromechanical industryand agricultural

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

to produce the necessary details;

- to stabilize the financial situation;

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

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

then two times during the next 3 years; 

- to carry out the works for environmental protectionand to install the new

technology for working without any pollution; 

- to invest not less than USD 10 000 000 equivalent innational currency

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

and 3rd year - USD 4 million; 

- investments to be directed for realization thefollowing tender

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

reconstruct the fixed assets of the company, to exploitthe technical

machinery, buildings and etc. Also, restoration oftransport networks. 

- after signature of the agreement between the partiesto cover all creditor

liabilities during the two years. 

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

tender conditions and to send the proper notification tothe Ministry of

State Property Management of Georgia in every sixmonths. In case of an

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

receive a written notification and will be fined with10% of not paid sum.

In case of an exposure of repeated non-observance of thetender conditions

the parties are able to abolish the agreementunilaterally. 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 additionalinformation about the

company. 

 

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

 

Lead #6

 

INVESTMENT TENDER

 Ministry ofState Property Management of Georgia announces the investment

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

 chartercapital) of JSC "Kaspitsementi" Cement Factory.

 In thetender can participate - Physical or legal persons of Georgia or

 othercountries whose property state or local self-governed bodies have

 share lessthan 25%

 Objectivesof the tender - to select the winner, who will offer maximal

 price (noless then its nominal price) for the block of shares, and

 indisputable fulfillment of tender conditions on

 rehabilitation-development

 andmaintenance of the company's profile.

 Informationabout 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 innational currency. 

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

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

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

 *            Companygenerally produces cement; 

 *         Debtorliabilities for 01.04.99 is GEL 461 000 

 *         creditorliabilities for 01.04.99 are: 

 *         forbudget - GEL 2 344 thousand; 

 *         non-budgetaryfunds - GEL 942 thousand; 

 *         Otherliabilities - GEL 4 290 thousand. 

 *         Debtbefore employers and pensioners - GEL 494 thousand. 

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

 renovatethem.

 Importantcompetitors in market segment of the company are Uzbekistan,

 Turkmenistan, Azerbaijan and China.

 Selectionof winner in the tender - The winner would be the person who: 

 *         Fullysatisfies the tender conditions; 

 *         Investsnot less than USD 6 000 000 during the 3 years,

 proportionally in every year; 

 *            Selectionof the winner by the tender commission would be

 implementedon the base of presented investment package. Herewith,

 criteria

 for winningthe tender are payment of a maximum amount and satisfaction of

 all biddingconditions. 

 Tenderconditions:

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

 defined byUSD 280 thousand in national currency. This sum is included in

 the totalpayment (51%) paid by the bidder 

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

 calendardays, and remain 49%- till December 1, 2000 

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

 the end ofthe current year 

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

 million inevery year for the provision of companies rehabilitation,

 technicalformulization, installation new technology and harmonization of

 companiesproductivity on international levels5. to cover budgetary,

 non-budgetary funds and other debts of the company 

            5.            toprovide company with the filters and other cleaners,

 accordingto the existing legislation 

            6.            beforethe implementation of the tender conditions, all

 questionsconcerning the shares of JSC "Kaspicementi", forms of

 transference, alienation, write off of fixed assets, takingcredits and

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

 establishedby the civil code of Georgia of State property, should be

 agreed

 with theMinistry of State Property Management 

 Proposal forwilling participation in the tender will be received within

 the

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

 exceptedweekends. The bids containing proposals will be opened on 1

 October

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

 Ministry

 of StateProperty Management.

 The addressof the tender commission is Tbilisi, I.Chavchavadze Ave.

 No.64,

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

 you willreceive additional information about the company.

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

 tenderconditions. In case of an exposure of a non-observance of the

 tender

 conditionsthe "Buyer" will receive a written notification and will be

 fined

 with 10% ofnot paid sum. A case of an exposure of repeated non-observance

 of thetender conditions is considered as SELLERS initiative of unilateral

 abrogationof the contract, the BUYER will not be returned the amount paid

 and theexpenditures born by him will not be reimbursed. 

 Toparticipate in the tender, the following documents will be submitted to

 the tendercommission:

            1.            anapplication filled out in respect to the agreed form,

 showing theBUYER'S consent to fulfill declared conditions; 

            2.            proposalssubmitted by BUYER, placed in a separate envelope,

 which issealed up by the bidder; 

            3.            bankslipconfirming the advance payment the bidder made on

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

 code

 22010117for foreign currency, of the Ministry of State Property

 Management

 in theNational Bank of Georgia; 

            4.            detailsfrom personal identification cards; 

            5.            mandateverified by notary if a person is acting as a

 representative of any other persons; 

            6.            Legalpersons should give copies of establishment documents

 inaddition. 

 Anapplicant receives a status of a bidder after registration of his

 applicationin a tender commission register.

 Satisfaction of the tender conditions and payment of the maximalsum is

 the

 criteriafor bidder selection.

  

 MINISTRY OFSTATE PROPERTY MANAGEMENT

 

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

 

Lead#8

 

INVESTMENT TENDER

The Ministry of State Property Managementannounces 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 19,680,000.00equivalent in national

currency.

 

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

Georgia or other countries in whose propertystate or local self-governed

bodies have shares of less than 25%.

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

formulize the company materially andtechnically and by the way of the

long-term development to manage theinternational market.

Information about the company - Legaladdress of the enterprise is Georgia,

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

land area. Charter capital includes the 25024645 shares. The face value of

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

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

privatized.

*          fixedassets value - 40 116588 

*          accountreceivable - 2442857 

*          accountpayable - 416157 

*            employees- 1800 

The company produces the high quality truckswith the 2 wheel drivers, that

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

and various countries, which nowadays iscompletely over.

Brief technical characteristic - the mainproducts of the company:

*          truckswith six tones capacity 

*          otherproducts for everyday repairs 

The company has no analogy in the Caucasianand Middle Asian countries.

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

*          fullysatisfies the tender conditions; 

*          investsnot less than USD 35,000,000.00 during the 5 years. 

Bidding conditions - BUYER is obliged:

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

submitted business plan the change ofcompany's profile would be under the

discussion. 

*          toreconstruct and renovate the fixed assets; 

*          toinvest not less than USD 15 000 000 equivalent in national

currency during the 5 years. 

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

*          beforeto implement the tender conditions, all questions concerning

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

of fixed assets, taking credits and otherloans, pledge input of property,

mortgage use and other actions establishedby the civil code of Georgia of

State property, should be agreed with theMinistry of State Property

Management. 

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

days, and remain 49%- within 2 years. 

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

makes USD 1.968,000.00 equivalent innational currency. 

Proposal for willing participation in thetender will be received within the

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

excepted weekends. The bids containingproposals 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 isTbilisi, I.Chavchavadze Ave. No.64,

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

you will receive additional informationabout the company.

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

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

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

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

of the tender conditions is considered asSELLERS initiative of unilateral

abrogation of the contract, the BUYER willnot be returned the amount paid

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

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

purchase. 

To participate in the tender, the followingdocuments will be submitted to

the tender commission:

            1.            anapplication filled out in respect to the agreed form,

showing the BUYER'S consent to fulfilldeclared conditions; 

            2.            proposalssubmitted by BUYER, placed in a separate envelope,

which is sealed up by the bidder; 

            3.            bankslipconfirming the advance payment the bidder made on

the accounts, No.141144212, code number220101107 for GEL and No 070472 code

22010117 for foreign currency, of theMinistry of State Property Management

in the National Bank of Georgia; 

            4.            detailsfrom personal identification cards; 

            5.            mandateverified by notary if a person is acting as a

representative of any other persons; 

            6.            legalpersons should give copies of establishment documents

in addition. 

An applicant receives a status of a bidderafter registration of his

application in a tender commission register.

Satisfaction of the tender conditions andpayment of the maximal sum is the

criteria for bidder's selection. 

 

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

COMMERCIAL TENDER

The Ministry of State Property Managementannounces 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 thestarting price USD 721 000

equivalent in national currency.

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

countries in whose property Georgian stateor local self-governed organs

have share participation less than 25%.

Objective of the tender - Selection of thestrategic partner and investor

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

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

material-technical conversion into themodern enterprise which will be in

full compliance with international standardsand modern market requirements.

Information about the company - Company hasno analog in Caucasus and Middle

Asia. Similar companies are located inGermany and China.

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

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

square meters; 

*          Thecharter capital of the company - 1317604 shares, 720512 shares

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

already privatized. 

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

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

*          Thecompany does not face any difficulties concerning its financial

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

towards budget of Georgia and do not haveany difficulties with raw

materials. 

Brief technical information about thecompany - At this moment JSC Lithopone

Factory produces and is able to producelitophone, micro-barite,

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

production is widely used in different fieldsof 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 ofproducts. At this moment company

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

CIS countries). Nowadays, factory facesproblems of environmental pollution.

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

uses 15% of its full capacity. 

The winner of the tender - In order to winin the tender, the participant

must:

*          fulfillall tender conditions; 

*          investnot less than 6 mil USD in the company during the period of 3

years, according to the timetable set by thetender commission; 

Bidding conditions - 

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

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

the question concerning future profilechanges; 

*          torestructure the company's fixed assets; 

*          topresent the plan of company's reconstruction and future

development 

*          toadopt the new technologies in the factory; 

*          toimprove the company's ecological situation; 

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

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

*          beforethe tender conditions fulfillment, all questions concerning

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

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

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

be agreed with the Ministry of StateProperty Management; 

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

made within 30 calendar days and the rest of49% must be paid during 2

years; 

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

makes USD 72 100 equivalent in nationalcurrency. 

Proposal for willing participation in thetender will be received during the

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

excepted weekends. The bids containingproposals 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 isTbilisi, I.Chavchavadze Ave. No.64,

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

you will receive additional informationabout the company.

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

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

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

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

of the tender conditions is considered asSELLERS initiative of unilateral

abrogation of the contract, the BUYER willnot be returned the amount paid

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

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

purchase.

To participate in the tender, the followingdocuments will be submitted to

the tender commission:

            1.            anapplication filled out in respect to the agreed form,

showing the BUYER'S consent to fulfilldeclared conditions; 

            2.            proposalssubmitted by BUYER, placed in a separate envelope,

which is sealed up by the bidder; 

            3.            bankslipconfirming the advance payment the bidder made on

the accounts, No.141144212, code number220101107 for GEL and No 070472 code

22010117 for foreign currency, of theMinistry of State Property Management

in the National Bank of Georgia; 

            4.            detailsfrom personal identification cards; 

            5.            mandateverified by notary if a person is acting as a

representative of any other persons; 

            6.            legalpersons should give copies of establishment documents

in addition. 

An applicant receives a status of a bidderafter registration of his

application in a tender commission register.

Full satisfaction of bidding conditions andoffering maximal price is the

criteria for bidder's selection. 

 

 

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

Lead #9

 

INVESTMENT TENDER

> Ministry of State Property Management of Georgiaannounces the commercial

> tender to sell the state own shares (8 606 997shares, 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 orlocal 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 theblock of shares, and

> indisputable fulfillment of tender conditions on

> rehabilitation-development

> and maintenance of the company's profile.

> Information about the company - Starting sellingprice of the control

> block

> of shares (8 606 997 shares, 76% of the sharecapital) 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 997divided by 11 324 997 shares

> (nominal value of per share is GEL1)

> &middot; Company generally produces chemicalfibre.

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

> - Fully satisfies the tender conditions;

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

> in

> every year;

> - Selection of the winner by the tender commissionwould be implemented

> base

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

> tender are payment of a maximal amount andsatisfaction of all bidding

> conditions. 

> Tender conditions: 

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

> participation and is defined to be USD 662,1thousand 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 endof current year. 

> 4. companies rehabilitation, technicalformulization, installation of the

> new technology and harmonization of the companiesproductivity on

> international levels. For this purpose to carry outUSD 6 million

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

> and to submit the proper business plan; 

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

> of

> the company; 

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

> the

> existing legislation of Georgia; 

> 7. before the implementation of the tenderconditions, all questions

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

> alienation,

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

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

> Georgia of State property, should be agreed withthe Ministry of State

> Property Management

> Proposal for willing participation in the tenderwill be received within

> the

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

> excepted weekends. The bids containing proposalswill 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 thecompany.

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

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

> tender

> conditions the "Buyer" will receive awritten notification and will be

> fined

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

> of the tender conditions is considered as SELLERSinitiative of unilateral

> abrogation of the contract, the BUYER will not bereturned the amount paid

> and the expenditures born by him will not bereimbursed. 

> To participate in the tender, the followingdocuments will be submitted to

> the tender commission:

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

> BUYER'S consent to fulfill declared conditions; 

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

> sealed up by the bidder; 

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

> accounts,

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

> Management in the National Bank of Georgia; 

> d. details from personal identification cards; 

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

> any other persons; 

> f. Legal persons should give copies ofestablishment documents in

> addition. 

> An applicant receives a status of a bidder afterregistration of his

> application in a tender commission register.

> Criteria for winner's selection are the fullsatisfaction of tender

> conditions and payment of the maximal price. 

> 

 

 

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

Lead#10

 

INVESTMENT TENDER

Ministry of State Property Management ofGeorgia announces the tender for

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

"Sakabreshumi" (Georgian Silk).

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

other countries whose property state orlocal self-governed bodies have

share less than 25%

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

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

indisputable fulfillment of tenderconditions on rehabilitation-development

and maintenance of the company's profile.

Information about the company - Startingselling price of the control block

of shares (1127253 shares, 92,45% of theshare capital) of JSC

"Sakabreshumi" is USD 1128000equivalent in national currency.

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

*          Chartercapital of the company is USD 1 219 269 divided by 1 219 269

shares (nominal value of per share is USD1) 

*            Companygenerally produces silk cocoon. 

*          Fixedassets of the company are located in various parts of Georgia 

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

the fixed assets are USD 70 222 equivalentin national currency.

Account receivable of the company for01.01.99 are GEL 219 441, and account

payable - GEL 190 017. Governmentalliabilities are GEL 30 580.

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

renovate them.

Important competitors in market segment ofthe company are Azerbaidzan,

Uzbekistan, Turkmenistan and China.

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

*          Fullysatisfies the tender conditions; 

*          Investsnot less than USD 500 000 during the 2 years, proportionally

in every year and established by the tenderconditions; 

Tender conditions:

            1.            tokeep 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 thequestion concerning the profile

changing; 

            2.            reconstructionand renovation of fixed assets; 

            3.            investmentsnot less than USD 500 000 equivalent in national

currency during the 2 years, proportionallyevery year, for the

rehabilitation-development of the company; 

            4.            beforeto 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 andother actions established by the

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

of State Property Management 

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

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

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

which makes USD 112,800.00 equivalent innational currency. 

Proposal for willing participation in thetender will be received within the

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

excepted weekends. The bids containingproposals 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 isTbilisi, I.Chavchavadze Ave. No.64,

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

you will receive additional informationabout the company.

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

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

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

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

of the tender conditions is considered asSELLERS initiative of unilateral

abrogation of the contract, the BUYER willnot be returned the amount paid

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

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

purchase.

To participate in the tender, the followingdocuments will be submitted to

the tender commission:

            1.            anapplication filled out in respect to the agreed form,

showing the BUYER'S consent to fulfilldeclared conditions; 

            2.            proposalssubmitted by BUYER, placed in a separate envelope,

which is sealed up by the bidder; 

            3.            bankslipconfirming the advance payment the bidder made on

the accounts, No.141144212, code number220101107 for GEL and No 070472 code

22010117 for foreign currency, of theMinistry of State Property Management

in the National Bank of Georgia; 

            4.            detailsfrom personal identification cards; 

            5.            mandateverified by notary if a person is acting as a

representative of any other persons; 

            6.            Legalpersons should give copies of establishment documents

in addition. 

An applicant receives a status of a bidderafter registration of his

application in a tender commission register.

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

 

Lead#11

 

INVESTMENT TENDER

The Ministry of State Property Managementannounces the commercial tender on

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

"Tami" in order to sell it withstarting 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 propertythe state or local

self-governed bodies have shares of lessthan 25%. 

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

formulize the company materially andtechnically and by the way of the

long-term development to manage theinternational market. 

Information about the company:

- seller - Ministry of State PropertyManagement of Georgia

- legal address - David Garedzhi St. No 36Rustavi, 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 employeesof the company. Mr. Zurab

Samardashvili is the owner of 21,3% ofshares)

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

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

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

GEL that includes penalty fee.

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

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

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

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

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

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

94, goods elevators 108 and castingmachinery 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-1003bintended for civil construction (till

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

tone,

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

capacity - 8 tone. 

- reservoirs for everyday repairs - 27 liter

- mobile tower cranes for 3 floorsconstruction (under the installation)

- tower elevators 

- reservoirs for high pressure

JSC "Tami" has planned toassimilate the market segments, spread on the

whole territory of Georgia, near Eastcountries and republics of northern

Caucasus, first of all republic of Ichkeriaand northern Osetia. Market

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

in Caucasus and Middle Asia, in tower cranesconstruction.

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

- fully satisfies the tender conditions;

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

Bidding conditions - Buyer is obliged:

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

submitted business plan the change ofcompany's profile would be under the

discussion. 

- to reconstruct and renovate the fixedassets;

- to invests USD 3 million during the 3years.

- 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 andother loans, pledge input of

property, mortgage use and other actionsestablished by the civil code of

Georgia of State property, should be agreedwith the Ministry of State

Property Management

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

remain 49%- within 2 years. 

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

USD 143,300.00 equivalent in nationalcurrency. 

Proposal for willing participation in thetender will be received within the

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

excepted weekends. The bids containingproposals 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 isTbilisi, I.Chavchavadze Ave. No.64,

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

you will receive additional informationabout the company.

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

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

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

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

of the tender conditions is considered asSellers initiative of unilateral

abrogation of the contract, the BUYER willnot be returned the amount paid

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

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

purchase. 

 

To participate in the tender, the followingdocuments will be submitted to

the tender commission:

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

BUYER'S consent to fulfill declaredconditions; 

- proposals submitted by BUYER, placed in aseparate envelope, which is

sealed up by the bidder; 

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

No.141144212, code number 220101107 for GELand No 070472 code 22010117 for

foreign currency, of the Ministry of StateProperty Management in the

National Bank of Georgia; 

- details from personal identificationcards; 

- mandate verified by notary if a person isacting as a representative of

any other persons; 

- Legal persons should give copies ofestablishment documents in addition. 

An applicant receives a status of a bidderafter registration of his

application in a tender commission register.

Satisfaction of the tender conditions andpayment of the maximal sum is the

criteria for bidder selection. 

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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:    [email protected]

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.; - freezetempreature - more

than 65 Celcius;     2. - Iodine number - not less than 175 mgI(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 ofCommerce  

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