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2017-02-22 Electronic auction system helps to make the Ignalina NPP selling process more efficient

In order to increase the efficiency of the Ignalina Nuclear Power Plant (INPP) unnecessary property sales processes, this summer company began to operate the electronic auction system. It is planned that the largest INPP organized auction parts will be carried out electronically, where the company will sell unnecessary or unutilized property, which accumulates during the decommissioning works.

The system will creates all necessary conditions for private individuals and juridical parties in order to participate in INPP auctions remotely. The aim is to ensure transparency of unnecessary and unutilized property selling processes and to generate more revenue, preventing potential agreements on prices between auction participants. It will also attracts more potential customers that would like to participate in the auctions, providing them an online property for sale evaluation opportunity , without passing the examination and additional financial and time costs.

"In the new technology age, similar system introduction to other institutions that implements product sales has provided much more transparency into the processes of property sales.
Electronic auction system will help INPP smoothly and efficiently carry out the realization of accumulated metal and other details within INPP decommissioning processes by eliminating the risks that exists in public auctions in the normal way.

More individuals and businesses will have the opportunity to participate in the INPP ongoing auctions and buy the required goods where due to increased competition INPP will receive bigger revenue, "- said Director General of INPP Darius Janulevičius.

In 2016, INPP enterprise held around 36 unnecessary property sales auctions. It has sold over 4 thousand tons of various metal. Enterprise has earned 1.22 million Euros from other property sales and 0.53 million Euros of additional income.

Natalija Survila-Glebova,
Head of Communications
Tel. (8-386) 28242

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