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<title>Lancasterholding.com</title>
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<title>Investment Principles</title>
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	<span lang="EN-US" style="FONT-SIZE: 10pt; FONT-FAMILY: Tahoma; mso-ansi-language: EN-US">
		<span style="FONT-WEIGHT: bold">Equity Investor </span><br />
		We position ourselves as equity investors who take strategic decisions that enhance the shareholder value of our companies. We are not involved in day-to-day management of our companies. <br />
		<br />
		
		<span style="FONT-WEIGHT: bold">Professional Management </span><br />
		The management of our companies shall be one of the best in their industries. We select and retain professionals who manage our companies efficiently, competently and honestly to the best interests of shareholders. <br />
		<br />
		
		<span style="FONT-WEIGHT: bold">Long-term View </span><br />
		We are not traders, we encourage our companies to invest for future: purchase fixed assets and R&D, upgrade production facilities, optimize the financial structure. We take time to realize the value and full potential of our investments making them more attractive for a buyer. <br />
		<br />
		
		<span style="FONT-WEIGHT: bold">Partnerships</span> <br />
		We like to work in partnerships, it helps to share risks and improve efficiency and with trusted partners we can explore more opportunities together. With most of our investments we always seek a strategic partner who will bring best industry standards and practices, access to foreign capital markets, expertise and know-how. We know from our experience that partnerships with foreign industry leaders are key to successful realization of the full investment potential. </span></p>

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<category><![CDATA[Investment Principles]]></category>
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<pubDate>Fri, 24 Aug 2007 01:01:09 +0600</pubDate>
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