On July 31, 2018 the shareholders of Ekosem-Agrar GmbH, the German holding company of Russian milk producer Ekoniva Group, have decided to change the legal form of the company to a German stock corporation (Aktiengesellschaft). With the change of the legal form the respective executive and supervisory boards of the newly formed Ekosem-Agrar AG have been constituted. Vladislav Novoselov, the Managing Partner of BEFL, has become one of the four members of the new Supervisory Board.

The other three members are Dr. Franz-Georg von Busse, Chief Representative of agricultural machinery group Gebrüder Pöttinger GmbH, Wolfgang Graf, former CFO and member of the board of the Ehrmann Dairy Group, Rolf Zürn, owner and managing director of Zürn GmbH & Co. KG as well as a major shareholder of Ekosem-Agrar.