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Goltsblat BLP Advises AFG National on JV with Volga Group

Goltsblat BLP Advises AFG National on JV with Volga Group

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Goltsblat BLP has advised AFG National on the sale of a 35% stake in its subsidiary Yuzhniye Zemli LLC to Volga Group Agro, a company consolidating Volga Group’s agricultural projects. The deal was signed on December 26, 2017.

Yuzhniye Zemli produces top quality apples by what Goltsblat BLP describes as "a super intensive technology." The company currently manages 400 hectares of orchards. In 2018, it intends to launch an additional 300 hectars, build the second stage of its fruit storage facility, and ramp up apple production to 10 thousand tonnes.

Volga Group is a privately-held investment group. The companies of the group represent Russia’s strategic sectors, such as energy, transport and logistics, infrastructure construction, and agriculture.

Goltsblat BLP’s corporate team included Partner Anton Panchenkov and Associate Dmitry Sheludyaev.


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Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated office in Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

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Firm's website: www.epam.ru


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