The participants at the biddings for goods or services,  in the VIRTUAL RINGS of E-BURSA.RO , are grouped in two categories: sellers and buyers.

A)  SELLER interested in finding  buyers for his offer on the biding ring:
Step 1 -  filling in the CAT ( Transylvania Business Center ) and the bidding application forms;
Step 2 -  presentation of the offer's file, which will contain:
 

• The seller juridical data: fiscal code, registration number in the Trade Register;
• The offer (biding application forms)
• The proof of the good's property (certificate of deposit, paid invoice, goods insurance policy and so on)
• Certificate of quality
• The selling price (as in the assignment book)
• The minimum quantity of the goods to be delivered and the total quantity (as in the assignment book)

After analyzing these data, the Transylvania Commodities Exchange ( Bursa Transilvana ) will:
 

• State if the offer is complete and if it is allowed to biding
• Draw up the assignmet book  and the biding rules
• Fix the day, how, when and the ring where the biding will take  place as well as the binding's resumption date, in case the offer won't be attributed  to a buyer in the first session;
• Establish the guaranty value of the participation
• Conclude the commission's contract with the seller
• Identify potential clients from the data base, by advertising, direct announcements, weekly news letter and others.

The buyers interested in taking part in the biding will take the following steps:

Step 1: Buying the assignment book from the Transylvania Commodities Exchange
Step 2: Presenting the buyer's file which will contain:
 

• The proof of buying the assignment book ( bill )on the buyer's behalf;
• The payment of guaranty ( till 10 % from the value of goods at the starting price )
• The establishment of the statute for reserve (as in the assignment book )
• The buyers juridical data: fiscal code, registration number in the Trade Register;
• The commission contract with the Transylvania Commodities Exchange.

The Transylvania Commodities Exchange ( Bursa Transilvana ) will check the file and will announce the day, the hour and the ring for the biding..............................................................................................................................................................................
B) BUYER  interested in finding sellers to his inquiry.
Stages to be followed until negociating the inquiry in the biding:
Step 1 -  filling in the CAT ( Transylvania Business Center )and the bidding application forms;
Step 2 -  giving in the inquiry/demands presentation file, which  will contain:
 

• The buyer's juridical data: fiscal code, registration number in the Trade Register;
• Information about the inquiry ( as in the application forms )
• The purchase price ( as in the assignment book )
• The minimum quantity of goods and the total quantity (as in the assignment book )
• The proof of payment ability ( bank guarantee, account situation and so on )
• The payment of a guaranty ( till 10% from the value of goods at starting price )

Taking into consideration these data, the Transylvania Commodities Exchange ( Bursa Transilvana ) will:
 

• State if the request is complete and if it is allowed to auction
• Draw up the assingnmet book  and the rules for the biding
• Fix the day, how, when and the ring where the biding will take  place as well as the binding's resumption date, in case the contract won't be attributed  to a seller in the first session
• Conclude  the commission's contract with the buyer
• Identify potential clients from the data base, by advertising, direct announcements, weekly news letter and others.

The sellers interested to bid will take the following steps:
Step 1: Buying the assignment book from the Transylvania Commodities Exchange
Step 2: Filling in the seller's file which will contain:
 

• The proof of buying the assignment book on the seller's behalf;
• Information about the offer, including: the proof of good's existence (certificate of deposit, paid invoice, goods insurance policy and so on );
• Certificate of quality
• The minimum quantity of goods and the total quantity (as in the assignment book )
• The sellers juridical data: fiscal code, registration number in the Trade Register;
• The commission contract with the Transylvania Commodities Exchange.

The Transylvania Commodities Exchange will check up the file and will announce the day, the hour, the ring for the biding.
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N.B.  For more details please be free to contact  our consultants : tel/fax +40-64- 414480, 414481, 196293