Arkadiy Abramovich is the founder and owner of ARA Capital, a private investment vehicle whose assets include Zoltav Resources PLC.
[12][13] In 2014, Zoltav completed the acquisition of Royal Atlantic Energy (Cyprus) Limited and began trading on the London Stock Exchange's Alternative Investment Market (AIM) department.
Though the value of the investment remains undisclosed, reports note that the farming venture would focus on growing cucumbers and tomatoes in the Belgorod region, 700 km south of Moscow.
[20][21] In early 2022, offshore trusts holding billions of Roman Abramovich's assets were amended to transfer beneficial ownership to his seven children, including Arkadiy.
[24] In 2023, Lithuania has proposed new legislation to allow stripping citizenship for national security reasons, in response to Arkadiy and another of Abramovich's children, Anna, holding Lithuanian passports.