Sistema

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For other uses, see Sistema (disambiguation).
OJSC JFSC Sistema
Native name
АО АФК Система
Public (OAO)
Traded as MCXAFKS
LSESSA
Industry Conglomerate
Founded 1993 (1993)
Headquarters Moscow, Russia
Key people
Vladimir Yevtushenkov (Chairman and CEO)
Products Telecommunications
Banking
Real Estate
Retail
Media
Tourism
Space Technology
Medical Services
Biotechnology
Revenue Increase US$ 34.2 billion (2012)
Increase US$ 946.8 million (2012)
Number of employees
70,000
Subsidiaries Mobile TeleSystems
Moscow City Telephone Network
SkyLink
MTS India
Sitronics
Website www.sistema.com

Sistema is a large Russian conglomerate company, headed by Vladimir Yevtushenkov. In March 2006, Yevtushenkov controlled 62% of the shares in Sistema.[1]

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

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

Bashneft[edit]

In 2014 72% of Sistema's interest in Bashneft was seized by the Russian government.[2][3]

References[edit]

  1. ^ Source: http://www.sistema.com/section.html?s=143
  2. ^ Natasha Doff and Ksenia Galouchko (December 18, 2014). "Sistema Shares Soar as Putin Says Evtushenkov Charges Not Proven" (Bloomberg Business News). Bloomberg News. Retrieved December 27, 2014. Russia has seized 71.6 percent of OAO Bashneft from Sistema since ordering Evtushenkov’s arrest on Sept. 16 in a money-laundering investigation linked to the state’s sale of the oil company in the previous decade. 
  3. ^ Steven Lee Myersand Jo Becker (December 26, 2014). "Even Loyalty No Guarantee Against Putin". The New York Times (The Times Company). Retrieved December 27, 2014. Mr. Rakhimov’s government privatized Bashneft, with most of its shares ending up in the hands of a company called Bashkir Capital 

External links[edit]