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.
Lancaster Energy is an investment vehicle dealing with projects in oil and gas production industry.
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 on contsruction of a solar grade polysilicon plant in Astana industrial zone.
ERC is an investment vehicle involved in oil infrastructure and oil service projects. The division includes
ERSAI, 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.