Russia seeks to label US-based NCH Capital as extremist over its refusal to sell a Russian agribusiness holding

citizen Maurice Tabacinic, is listed in the case materials. The lawsuit emerged amid Russian media reports that NCH Capital is refusing to sell AgroTerra, despite interest previously expressed by the state-owned bank VTB. The claim, filed by the Russian Deputy Prosecutor General, demands a ban on the activities of what is described as an “extremist organization” on Russian territory, applying the provisions of the law “On Countering Extremist Activity.” AgroTerra is NCH’s key asset in Russia. Established in 2008, the holding managed around 24 agricultural enterprises across seven regions: Kursk, Lipetsk, Oryol, Penza, Ryazan, Tambov, and Tula. As of 2023, the company controlled approximately 265,000 hectares of arable land. AgroTerra produced wheat, soybeans, sunflower, rapeseed, sugar beets, and other crops. The holding was involved in crop cultivation, storage, and sales, and also provided services to regional farmers — including procurement, financing, and logistics. Beyond ...