15 objects worth 4 million 380 thousand leis ($344 thousand) will be put up for the auction. The land auction will be organized by the Capitalimobil agency. Individuals and legal entities of Moldova and foreign investors can participate in the auction. To participate in the auction, a set of documents has to be submitted at least 24 hours before the auction and 10% of the lot’s initial price are to be paid. The cost of the ticket for participation in the auction amounts to 180 leis for legal entities and 70 leis for individuals. The entry ticket’s cost is 10 leis. One can see the objects put up for the auction on March 23. Chisinau city administration hasn’t organized land auctions since 2006. The land auctions and contests in the capital have been resumed at the initiative of Chisinau Mayor General Dorin Chirtoaca. //10.03.2010 – InfoMarket