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Sistema

Sistema is a large Russian 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:

  • 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".