Sistema

The primary activity of Sistema PJSFC is that of a diversified investment group. The company invests in and manages a portfolio of assets across various sectors, including telecommunications, information technology, industry, agriculture, healthcare, real estate and financial services. Sistema thus offers a range of products and services through its subsidiaries and affiliated companies, serving national and international markets, primarily in Russia and the CIS. Its target market includes both end consumers and businesses and public institutions.

Sistema PJSFC is a Russian investment group founded in 1993 and based in Moscow. Since its creation, the company has grown to become one of the largest private conglomerates in Russia, operating in various sectors such as telecommunications, high technology, industry, real estate, healthcare, agriculture, and financial services.

The key stages of its development include:

• 1993: Creation of Sistema in Moscow.
• 1990s-2000s: Rapid expansion through the acquisition and development of assets in telecommunications (notably MTS, one of the largest Russian mobile operators), real estate, banking, and other strategic sectors.
• Development of products and services: Launch of new services in telecoms, healthcare, agriculture, and high technology, with ongoing diversification of the asset portfolio.
• Partnerships and acquisitions: Multiplication of strategic partnerships and acquisitions to strengthen its position in the Russian and international markets.
• Strategic changes: Regular adaptation of the investment strategy to respond to market developments, with an increasing focus on sustainability, innovation, and social responsibility (ESG).

Today, Sistema continues to invest in key sectors of the Russian economy, while focusing on sustainable growth and long-term value creation.

The founder of Sistema is Vladimir Evtushenkov. The main members of the management team include Vladimir Evtushenkov (Chairman of the Board of Directors), Felix Evtushenkov (First Deputy Chairman of the Board of Directors), and Andrey Dubovskov (President of the Management Board, Chairman of the Executive Board). The management team also includes several vice presidents and directors responsible for the various divisions and subsidiaries of the group.