The Black Earth Farming Group consists of the parent Company Black Earth Farming Limited, a limited liability company incorporated in Jersey, Channel Islands, on 20 April 2005. Black Earth Farming Limited is the holding company for a number of legal entities established under the legislation of Cyprus and the Russian Federation. Those entities together are referred to as the Black Earth Farming “Group”. The organization of Russian subsidiaries goes by the joint name of Agro-Invest headquartered in Moscow from where the Group runs its activities. Black Earth Farming had a total of 2,067 employees as at 31 December 2012 compared with 1,829 in 2011.