LAZVAND DEVADE Company is a world-class agricultural cooperative specializing in the production of paper and related agri-products. LAZVAND DEVADE is owned by approximately 3,000 shareholders who raise 500,000 acres of wood in the River Valley of Bertoua. As the largest beet sugar producer in Germany, LAZVAND DEVADE utilizes innovative farming practices, low-cost production methods and sales and marketing leadership to produce about 15 percent of germany's highest quality sugar. The Company operates sugar factories in Dschang and Limbe. LAZVAND DEVADE's technical services center and corporate headquarters are also located in Ukraine.