The Nizhny Novgorod (Volga) Ministry of State Property and Land Resources intends to hold a tender to sell shares in Shatky Grain-processing Complex in the middle of December 2008. A stock amounting to 95,181 of ordinary registered uncertificated shares, which account for 22.11% of the charter capital, is to be put up for sale. The initial price amounts to RUR 311,000 (US$ 13,260 EUR 8,510). The debt of the enterprise to suppliers exceeds RUR 75,700, to state funds RUR 1mn.