BUISNESS CONCEPT
The main goal of “Penzensky Gostiny Dvor” Management Company is the effective management of the business units in the Holding structure.
“Penzensky Gostiny Dvor” MC performs the following functions:
- assistance in the elaboration of the company development strategy;
- general financial control of individual enterprises activities. Besides “Penzensky Gostiny Dvor” MC works out the common system of calculation, control and analysis and gets it adopted for all companies in the Holding structure;
- allocating financial resources between the business units in accordance with the investment strategy, “Penzensky Gostiny Dvor” MC functions as a credit center of the Holding;
- achievement of the effective cooperation by means of coordination of individual enterprises activities;
- application of common principles to the investment, marketing, industrial, technological and personnel politics;
- alienation of the competitive interests between the individual enterprises in the Holding structure;
- selection and involvement of top executives in the company management, working out the system of motivation;
- interaction with external environment, including the Government Relations;
- creation and fortification of the favorable image and brand «“Penzensky Gostiny Dvor” Management Company».
The operations of the companies managed by “Penzensky Gostiny Dvor” MC comply with modern standards of corporate governance. Each company of the Holding has its own independent management.
“Penzensky Gostiny Dvor” MC works to enhance asset management efficiency and to implement new investment projects, which enable to reduce risks and increase the profitability of the Holding companies.
“Penzensky Gostiny Dvor” Management Company concentrates on direct investment and monetary asset management. It practices the highest standards of business ethics and the conservative and time-tested approach to investment.
“Penzensky Gostiny Dvor” MC investment policy centers primarily on:
- increasing the market value of the Holding companies;
- implementing sectoral and geographical diversification of investments;
- securing leading positions on the market.
“Penzensky Gostiny Dvor” MC is interested in cooperation with reliable partners. Management Company strives to implement joint investment projects with the strategic partners capable of bringing in new market knowledge and skills and of sharing the financing commitments and risks.
The Management Company does not invest in projects posing unjustifiably high commercial risks, smacking of illegal business, or fraught with the danger of irreconcilable conflicts with partners or the authorities.
Maintaining a balance between the running yield and a growth in the business value is the main criterion in decision-making on participation in and withdrawal from a given investment project. The success of the project is rooted in the creation of a team of efficient managers well-versed in investment operations and the specifics of the given sector.
