Auction of Construction Machinery for $9 million

The Instituto Costarricense de Electricidad will be auctioning various types of used construction machinery.

Tuesday, May 17, 2016

Costa Rica Government Purchase 2016LA-000009-PROV:

"Public auction of various types of used construction machinery.

The goods to be auctioned are as follows:

- Eleven (11) articulated trucks, Volvo A40F 24 m3 capacity, 3 axes.

- Two (2) tractors, Komatsu D155AX-6 264 kWpower (345 hp).

- Three (3) compactors, Bomag BW 216 DH-4 18 ton capacity.

- Two (2) Tower cranes, Liebherr 200 ech-10 Litronic, 10 ton capacity, height 60m, radius 60m.

- One (1) continuous miner, Sandvik MT360 for tunneling with a height of 5060 mm to crown and 6100 mm at the base.

- One (1) Drill, Atlas Copco d3-03, weight 10 ton, Top Hammer drill.

- Four (4) Drills, Atlas Copco T35, 15 ton weight, Top Hammer drill.

- Two (2) Drills, Atlas Copco ROC L6, weight 20 ton, DTH drill. "

Reference value: $9.446.756

The deadline for receipt of bids is May 27, 2016.

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Auction of Productive Properties for $10 million

August 2018

In Costa Rica, the auction of four properties belonging to the plastics manufacturer Yanber is scheduled for October 4, which, after going through a period of crisis, closed its operations in June.

Despite the efforts made by the new owners to keep the company afloat, the Yanber Corporation announced in June of this year the cessation of its operationsThe group of creditors who in October 2016 received the company in the form of payment for debts contracted with them by the previous administration, announced in June 2018 the total cessation of operations.

Costa Rica Tries to Avoid Auction of Tourism MSMEs

August 2013

Properties belonging to 130 tourism businesses are at risk of foreclosure because they have not been able to make loan repayments.

On 16 August many small businesses could lose their properties due to non-payment of the loans they hold with financial institutions.

In order to prevent the auction of their properties, micro, small and medium enterprises (MSMEs) in the field of tourism met with the Minister of the Presidency, Carlos Ricardo Benavides and the chief of Tourism, Allan Flores.

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