We are one of the largest agricultural companies in the Rostov region in Russia principally engaged in the cultivation of agricultural crops and production of raw milk. We have a controlled land bank of approximately 63,240 hectares, of which approximately 51,207 hectares are arable land. As at the Latest Practicable Date, we own approximately 16,600 hectares of our controlled land bank.
Our principle operating subsidiary is Don Agro LLC and we operate three production divisions in the Rostov region, namely, the Northern production division, the Western production division and the Eastern production division. All three of our production divisions in the Rostov region undertake both crop production and milk production and each production division has its own storage facilities and dedicated parking area for our machinery. Our latest operating division based in the Volgograd region is primarily engaged in crop production.