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Swedish Agroholding sells part of the land in Russia
Agro Black Earth Farming (Sweden) is in talks with potential buyers of a substantial part of the assets and land in Russia "in response to certain market rumours"
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BEF is a large producer of agricultural products in Russia, the disposal of which 256 000 ha of agricultural land. The company has long suffered losses, and shareholders are tired of this, I'm sure the source of"Vedomosti"familiar with the negotiations for the sale of assets.

As the President of the Russian grain Union (RGU) Arkady Zlochevsky, the losses during the long years can be attributed to poor management. BEF ruled the Russian assets of the Moscow office, and it is difficult in Russia, because it does not allow to control the production process.

According to officials of one of the regions where the BEF owns the land, assets of the Swedish agricultural holding may be interested in these companies, as a group, ASB, "prodimeks" Avangard-agro", "Miratorg", EkoNiva-APK.



Translated by service "Yandex.Translation"
Источники: Ведомости
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