Russia to sell Mosmetrostroy metro building company on December 23

© RIA Novosti . Ruslan Krivobok / Go to the photo bankMoscow metro
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The Russian Federal Agency for State Property Management will hold an open auction to sell 100 percent of metro-engineering company Mosmetrostroy on December 23 at an initial price of 2.199 billion rubles ($73 million), the agency said on Monday.

The Russian Federal Agency for State Property Management will hold an open auction to sell 100 percent of metro-engineering company Mosmetrostroy on December 23 at an initial price of 2.199 billion rubles ($73 million), the agency said on Monday.

Bids will be accepted until December 16, 2010, the agency said.

Mosmetrostroy, set up in 1931, specializes in construction of metro infrastructure including station and escalator tunnels, rail and road tunnels, subways, underground concourses, surface buildings, structures and other facilities for the metro of the city of Moscow.

MOSCOW, November 22 (RIA Novosti)

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