About Black Earth Farming
Black Earth Farming (“BEF”) was established in 2005 and was among the first foreign-financed companies that undertook considerable investments in the Russian agricultural sector. The Company holds ownership of an extensive land bank of first class soil in several Russian regions and is a major producer of grains and oilseeds. Black Earth Farming’s focus is on increasing the productivity of its current asset base to become a best-in-class agro industrial company in terms of costs and operating efficiency. As of 31 December 2016 Black Earth Farming had 246,000 hectares under control of which 89% in ownership.