Lancaster Group consists of several divisions operating in different sectors of the economy – Energy, Mining, Oil Services, Financial Services, Media and Hospitality.  

Lancaster Group exercises control over its divisions through a formal shareholding stru cture and throug h shareholder agreements with various minority shareholders.

Each division adheres to common corporate development and financial control principles set by Lancaster Group, however, companies in each industrial holding are managed independently through their respective Boards of Directors and executive bodies.

Industrial Holdings

Lancaster Energy is an investment vehicle dealing with projects in oil and gas production industry. The division includes Lancaster Petroleum, a holder of four licenses (three oil fields located in Aktobe region and one oil field is located in Uralsk region, Western Kazakhstan).

Lancaster Mining is an investment vehicle with a focus on mining projects. The division includes Syrymbet, a tin mining company developing the largest tin deposit in Kazakhstan.

Lancaster Industrials is an investment vehicle engaged in the industrial sector of the economy. The division includes Kun Renewables – the Group’s new project with the polysilicon production plant to be built in Astana industrial zone.

ERC is an investment vehicle involved in oil infrastructure and oil service projects. The division includes ERSAI Caspian Contractor, a 50/50 JV company established between local company ERC and Italian Saipem. The JV's plant and premises are located in Mangistau region of Western Kazakhstan.

Lancaster Finance is an investment vehicle involved in financial services projects. The division includes KazInvestBank - a rapidly growing Kazakhstan commercial bank, Lancaster Invest and Lancaster Securities - investment boutiques, investing into various sectors of Kazakhstan economy.

Lancaster Media is an investment vehicle engaged in telecommunications sector. The division includes IPNet, one of the leading VSAT satellite network operators in the Russian Federation.

Alatau Hospitality - is an investment vehicle that has been organized as a company whose mission is to invest in significant international hotel properties to be managed by world class operators.

Lancaster Group consists of two holdings: Lancaster Holding and Alatau Holding. Registered in Singapore, Lancaster Holding has a western name to specifically invest in Kazakh markets and registered in Cyprus, Alatau Holding has been given a Kazakh name specifically to invest in all markets outside of Kazakhstan.

Lancaster Holding Legal Structure

Alatau Holding Legal Structure