Girish Mahajan (Editor)

Sistema

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Native name
  
АО АФК Система

Traded as
  
MCX: AFKS LSE: SSA

Founded
  
1993 (1993)

Number of employees
  
70,000

Type
  
Public (OAO)

Industry
  
Conglomerate

Headquarters
  
Moscow, Russia

Founder
  
Vladimir Yevtushenkov

Sistema wwwsistemacomfileadmintemplatesmedia445650l

Key people
  
Vladimir Yevtushenkov (Chairman and CEO)

Stock price
  
AFKS (MCX) RUB 21.85 -0.15 (-0.68%)22 Mar, 6:47 PM GMT+3 - Disclaimer

Subsidiaries
  
MTS, MTS India, Bashkirenergo, MTS M-Blaze

Reliance communications to buy sistema s india wireless business


Sistema is a large Russian conglomerate company, headed by Vladimir Yevtushenkov. In March 2006, Yevtushenkov controlled 62% of the shares in Sistema.

Contents

Sistema has its headquarters in Moscow, and operates a number of consumer service businesses in the areas of:

  • IT and telecoms — Mobile TeleSystems, Moscow City Telephone Network, SkyLink, MTS India.
  • Microelectronics — Sitronics (formerly known as 'Science Center Concern'), NIIME, Mikron, STROM telecom.
  • Insurance — ROSNO
  • Banking — MBRD (Moscow Bank for Reconstruction and Development)
  • House-Building — Sistema-Hals
  • Retail — Detsky Mir Group
  • Media — Sistema Mass Media
  • Oil businesses — Ufaorgsintez, Novoil, Ufaneftehim, Ufimskiy NPZ, Bashkirnefteprodukt, Bashkirenergo.
  • Other businesses — Intourist (Travel Services), RTI Systems (Radio and space technology), Binopharm (Pharmaceuticals), Olympic Sistema (Sport)

    • The company's Global Depository Receipts (GDRs) are traded on the London Stock Exchange under the ticker symbol "SSA".

    Bashneft

    In 2014 72% of Sistema's interest in Bashneft was seized by the Russian government.

    References

    Sistema Wikipedia
    (Text) CC BY-SA