Strategy: Sciens International, selectively, invests in participations worldwide which offer attractive yields on risk adapted. It intends to take advantage of high leverage level investment opportunities, such as companies with financial difficulties, companies or sectors going through transitional phase, or technology companies serving major consumer or business needs. Furthermore, Sciens International, with respect to its future investments, aims to actively influence or control managerial decisions, in every participation it will make. Existing Investments: Sciens owns a 16.4% stake in Club Hotel Loutraki (€119.8M Book Value as at September 30, 2009). Club Hotel Loutraki is the company, which runs the operation of Casino Loutraki, which is the biggest casino in Europe with approximately 1.1M visitors annualy and a c.35% share of the Greek market. |