Friday 28th December Black Earth Farming will be listed on First North in Stockholm. Black Earth Farming will be the largest company listed on First North with a market value close to 6 billion SEK. It is the 55th listing in 2007 on First North, the second largest alternative market in Europe now with 126 companies.
Black Earth Farming Ltd is a leading farming and land owning company operating in Russia. It acquires, owns and cultivates agricultural land assets primarily in the fertile Black Earth region in southwest Russia.
The Black Earth Region is endowed with what perhaps is the world's most fertile soil. Black Earth Farming was among the first foreign financed companies to make substantial investments in Russian agricultural land assets to exploit the large untapped potential. Because of its early establishment, Black Earth Farming has now gained a strong market position in several Russian regions, richly endowed with black earth soil.