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

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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


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