OJSC "Auction house of the Russian Federation"

What OJSC "Auction house of the Russian Federation" does

AO Rossiyskiy Auktsionnyy Dom (RAD) is a Russian joint-stock company that operates a federal electronic trading platform (ЭТП РАД) for property sales and public procurement, established on August 31, 2009 pursuant to Russian Government Order No. 1186-r. The company is headquartered in Saint Petersburg with 14 major branches and 60 regional representations across all federal districts of Russia. Its business is organized around two core platform modules: the Sales platform (catalog.lot-online.ru) for real estate, movable property, financial assets, and intangibles across state, bankruptcy, and private market segments, and the Procurement platform (gz.lot-online.ru) for buyers operating under Federal Laws 44-FZ, 223-FZ, and 615-PP RF.

The product stack is web-based, with supplemental delivery via the RAD Catalog mobile application (iOS, Android, RuStore), a Telegram virtual assistant bot, an interest-based subscription system, electronic property-rights registration via Rosreestr integration, and an Educational Center offering training on procurement law. RAD reports a platform turnover of 2.3 trillion RUB across 2022–2023, 1.2 trillion RUB of concluded deals by end of 2023, 86,813 tenders placed in 2023, 1 million+ monthly website visitors, and 200,000+ active investors. Documented customers include Rosseti, Russian Post, RusHydro, RZD, Gazprombank, Sberbank Leasing, the Deposit Insurance Agency, Rosimushchestvo, the Ministry of Economic Development, and Bank TRUST.

RAD earns revenue primarily through transaction fees on auctions it organizes for sellers (government agencies, banks, corporations, bankruptcy trustees, and private owners); pricing is transaction-based and negotiated rather than publicly disclosed. The company is privately held with no disclosed parent, no public listing, and no disclosed equity funding; ownership structure is not detailed in the available source material. The business is confined to the Russian Federation and is rated as the #1 bankruptcy auction organizer in Russia for 2025.

Name

OJSC "Auction house of the Russian Federation"

Legal name

AO Rossiyskiy Auktsionnyy Dom (АО «Российский аукционный дом»)

Website

https://auction-house.ru

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

OJSC "Auction House of the Russian Federation" (RAD) operates a federally mandated Russian electronic trading platform for regulated property sales and public procurement auctions under laws 44-FZ, 223-FZ, and 615-PP RF, serving government bodies, banks, state corporations, bankruptcy trustees, and private owners across all federal regions of Russia.

Ownership category

akta.pro rank

Product category

Online Auction Platform

NAICS

Securities and Commodity Exchanges (523210)

akta.pro primary industry

Real Estate Auction Services (FSAEAJAL)

akta.pro secondary industries

Commercial Real Estate Auctions (BPAJAEAB), Foreclosure/REO & Distressed Property Auctions (BPAJAEAF)

Keywords

• Electronic trading platform
• Property auctions
• Bankruptcy asset sales
• Public procurement auctions
• State asset privatization

Headquarters

HQ city

Saint Petersburg

HQ country

Russia

HQ region

Europe

Offices15 records

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Auction Transaction Fees: RAD earns fees from conducting electronic auctions and property sales on its platform. Sellers (government agencies, banks, corporations, private owners, bankruptcy trustees) pay for organizing auctions. The platform facilitates transactions across real estate, movable property, financial assets, and collectibles.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels11 records

Core offering

AO RAD operates as a federally mandated electronic trading platform (ЭТП РАД) that conducts regulated electronic auctions for the sale of real estate, movable property, financial assets, intangibles, and collectibles. The platform connects sellers (government agencies, banks, corporations, bankruptcy trustees, and private owners) with buyers through transparent competitive bidding, and also operates a separate procurement module enabling government and commercial buyers to conduct procurements under Russian Federal Laws 44-FZ, 223-FZ, and 615-PP RF.

Product overview

АО «РАД» (Российский аукционный дом) operates as a federal electronic trading platform (ЭТП РАД) for property sales and public procurement. The platform consists of two core modules: the ЭТП РАД Sales platform (catalog.lot-online.ru) for selling real estate, movable property, financial assets, and intangibles across state, bankruptcy, and private segments; and the ЭТП РАД Procurement platform (gz.lot-online.ru) for government and commercial procurement under 44-FZ, 223-FZ, and 615-PP RF. The product portfolio is complemented by the РАД Каталог mobile app (iOS/Android/RuStore), a Telegram chatbot assistant, an educational center for procurement law training, electronic Rosreestr registration services, and specialized antiques/art sales services. The platform connects sellers — including banks, state bodies, bankruptcy trustees, and private owners — with over 200,000 active investors across Russia.

Differentiator

Problem solved

Functional benefit

Brands

• ЭТП РАД (RAD Electronic Trading Platform): Federal electronic trading platform for property sales and government/corporate procurement under 44-FZ, 223-FZ, and 615-PP RF regulations.
• Учебный центр РАД (RAD Training Center)
• РАД Каталог (RAD Catalog)

Products and services

• ЭТП РАД (Sales) — Electronic Trading Platform for Property Sales Federal electronic trading platform for selling real estate (residential, commercial, industrial, land), movable property (transport, equipment), financial assets (securities, assignments, intangible assets), and collectibles (art, antiques, jewelry). Serves government agencies, banks, corporations, bankruptcy trustees, and private owners as sellers; serves 200,000+ active investors as buyers across Russia.
• ЭТП РАД (Purchases/Procurement) — Electronic Trading Platform for Public Procurement Federal electronic procurement platform enabling government and commercial buyers to conduct procurements under Russian Federal Laws 44-FZ, 223-FZ, and 615-PP RF. Processes tens of thousands of tenders annually with average cost savings of 17.5%.
• Brokerage Services (Организация электронных торгов под ключ) End-to-end organization of electronic trading procedures (turnkey brokerage), providing full-service support to sellers requiring hands-on assistance with auction organization and execution across federal laws 44-FZ, 223-FZ, and 615-PP RF.
• Educational Center (Учебный центр РАД) Educational center offering professional development and training on Russian public procurement laws 44-FZ and 223-FZ, including seminars, webinars, and custom programs for procurement specialists.
• Rosreestr Online — Electronic Property Rights Registration Electronic registration of property rights with Rosreestr (Russian Federal Service for State Registration, Cadastre and Cartography), enabling buyers to complete post-auction registration online.
• Antiques and Art Services (Антиквариат и предметы искусства) Specialized service for the sale of antiques, art objects, coins, jewelry, and precious metals via the ЭТП РАД electronic trading platform.

Quantifiable outcome

• Price increases 1.2x–3x during auction bidding compared to starting price
• +3 more outcomes

Named customers13 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Russian Government (as authorized federal agent)coreStrategic or Co-development Partner · 31 August 2009Established by Russian Government Order No. 1186-r dated August 19, 2009 as the federally mandated agent for state property sales. RAD operates as the authorized federal agent empowered by the Government of the Russian Federation to sell government-owned assets.

Scale indicators12 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• National Electronic Platform (NEP / AO NEP): Moscow-focused authorized ETP for government procurement; competes with RAD on a regional basis for state and municipal tender volumes under the same federal procurement laws.
• RTS-Tender: Authorized Russian federal ETP for procurement under 44-FZ/223-FZ; competes with RAD in the regulated Russian procurement tender market with overlapping government seller clients.
• Fabrikant.ru: Russian B2B electronic trading platform for corporate procurement and asset sales; competes with RAD for commercial (non-government) procurement flow and enterprise asset disposal mandates.
• B2B-Center: Russian B2B e-procurement platform handling corporate tenders and surplus asset sales; comparable to RAD's procurement arm with overlapping enterprise customers.
• JSC ROSELTORG: Largest Russian federal electronic trading platform for government procurement under 44-FZ/223-FZ; directly competes with RAD for the same authorized ETP mandates and procurement tender flow.
• Sberbank-AST: Sberbank-owned electronic trading platform authorized for Russian government procurement under 44-FZ/223-FZ; competes head-to-head with RAD for state procurement volumes.

Broad incumbents

• Copart: Global leader in online vehicle and asset auctions; comparable to RAD's movable-property (transport/equipment) auction business as a broader incumbent in the electronic auction category.
• Liquidity Services: Operates GovDeals and other government/commercial surplus auction marketplaces; comparable to RAD's state asset privatization and corporate asset disposal business at a broader-incumbent level.
• Sotheby's: International auction house for high-value collectibles, art, and luxury assets; comparable to RAD's antiques and collectibles auction vertical and broader asset-disposition model.

Emerging players

• Bid4Assets: US-focused online auction platform for government-seized, tax-default, and bankruptcy real estate; shares RAD's distressed-asset/foreclosure auction focus but operates in a different regulatory and geographic context.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTuberutube.ru/channel/24316072
• LinkedInlinkedin.com/company/ojsc-auction-house-of-the-russian-federation-

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OJSC "Auction house of the Russian Federation"