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 53,200 hectares, of which approximately 41,167 hectares are arable land. As at the Latest Practicable Date, we own approximately 12,800 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 of our production divisions undertake both crop production and milk production and each production divisions has its own storage facilities and dedicated parking area for our machinery.