Sistema
Encyclopedia
AFK Sistema is a large Russia
n conglomerate
company, headed by Vladimir Yevtushenkov
. In March 2006, Yevtushenkov controlled 62% of the shares in Sistema.
Sistema has its headquarters in Moscow
, and operates a number of consumer service businesses in the areas of:
The company's Global Depository Receipt
s (GDRs) are traded on the London Stock Exchange
.
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
n conglomerate
Conglomerate (company)
A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...
company, headed by Vladimir Yevtushenkov
Vladimir Yevtushenkov
Vladimir Petrovich Yevtushenkov is a Russian tycoon with personal wealth of $7.5 billion as of 2010.He is the major shareholder and President of the large Russian holding company Sistema...
. In March 2006, Yevtushenkov controlled 62% of the shares in Sistema.
Sistema has its headquarters in Moscow
Moscow
Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...
, and operates a number of consumer service businesses in the areas of:
- IT and telecoms — Mobile TeleSystemsMobile TeleSystemsMTS is the largest mobile operator in Russia and CIS with over 102,4 million subscribers as of 31 December 2009.Having started in the Moscow license zone in 1994, МТS in 1997 received licenses for further areas and began expansion, later entering other countries of the CIS...
, Moscow City Telephone NetworkMoscow City Telephone NetworkThe Moscow City Telephone Network is a publicly held utility providing local telephone service to over 4,000,000 subscribers in the city of Moscow, Russia. Its roman alphabet acronym is MGTS.-History:...
, SkyLink, MTS India. - Microelectronics — SitronicsSitronicsSitronics is a microelectronics company based in Moscow, Russia and controlled by Sistema holding. Its main assets are the electronics fabs, research and development facilities in Zelenograd and elsewhere in Eastern Europe....
(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 — BashneftBashneftBashneft is a Russian oil company. It is one of the largest producer of oil products in the country. The company operates 140 oil and natural gas fields in Russia and has an annual oil production of 16 million tonnes. Bashneft owns three oil refineries located in Ufa with a combined capacity of ...
, Ufaorgsintez, Novoil, Ufaneftehim, Ufimskiy NPZ, Bashkirnefteproduct, BashkirenergoBashkirenergoBashkirenergo is a power and heat company operating in Bashkortostan, Russia. The major shareholder of the company is a holding company Sistema. 21.27% of shares is owned by the Russian grid company FGC UES....
. - Other businesses — IntouristIntouristIntourist is a Russian travel agency, 66%-owned by Moscow-based holding company Sistema.Before privatisation in 1992, Intourist was renowned as the official state travel agency of the Soviet Union. It was founded in 1929 by Joseph Stalin and was staffed by NKVD and later KGB officials...
(Travel Services), RTI Systems (Radio and space technology), Binopharm (Pharmaceuticals), Olympic Sistema (Sport)
The company's Global Depository Receipt
Global Depository Receipt
A global depository receipt or global depositary receipt is a certificate issued by a depository bank, which purchases shares of foreign companies and deposits it on the account...
s (GDRs) are traded on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
.