It is reported that Romanian National Authority for State Assets Recovery is going to sell assets of the indebted National Coal Company at the price of USD 1.82 million.

The auction will begin from an initial price of USD 1.82 million plus VAT, following two assets to be put up for tender namely a built-up area covering 1,712 square meters in Ploiesti with the initial price to start the auction of 1.19 million dollars plus VAT and another plot of land in the same city, covering 3,639 meters with an initial price of 624,515 dollars, plus VAT.

(Sourced from http://www.financiarul.ro)