Russia. Swedish agro holding Black Earth Farming (BEF) sells 256 Th ha of land

15.08.2016

Swedish agro holding Black Earth Farming (BEF), which works in Russia through Agro-Invest company, negotiates the sale of considerable part of assets and land in Russia with ASB group. Among other potential buyers are: Prodimex, Avangard-agro, Miratorg, Econiva-APK. Company has 256 Th ha  in Central Black Earth region, part of which is sown with sunflower.

Possible reason for such decision can be unprofitability of the enterprise, which in its turn is connected with bad management.

 

 

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