Interested parties may purchase, directly or by representatives, at the place and on the date specified in the advertisement, a company presentation file, by signing a confidentiality agreement with SOF. Information included in the presentation file consists on ownership structure, financial statements, SOF offer and documents required from investors by SOF. This file may be purchased also prior to the auction date.

Auctions will be held in the county where the head office of the company is located, for companies with a share capital of up to 2.5 billion Lei (approximately US$ 312,500), or in Bucharest, at the head office of SOF, for companies with a share capital of over 2.5 billion Lei.

Investors have to present documents and pay a guarantee no later than one hour before the auction starts. Documents submitted by foreign investors must be translated into Romanian and certified by a Romanian public notary, include: 

• proof of payment (in hard currency for foreign investors) for the guarantee - up to 3% of the auction starting price (offering price); 
• proof of legal status (copy of the registering certificate for legal entities or copy of the ID for individuals); 
• letter of creditworthiness, issued by a Romanian bank or a foreign bank agreed by a Romanian one (only for legal entities);
• mandate for the person who represents the bidder;
• proof of payment of fiscal obligations (for legal persons);
• criminal record for natural persons;
• statement that the legal person is not declared bankrupt or is in process of reorganization (restructuring).