Sistema

AFK Sistema PAO is a large Russian conglomerate company, founded by Vladimir Yevtushenkov, who was chairman of the corporation's board of directors until 2022. In April, Yevtushenkov's shareholding in Sistema has decreased to 49.2%, and he also stepped down from Sistema's board.

OJSC JSFC Sistema
Native name
АО АФК Система
Company typePublic (OAO)
IndustryConglomerate
Founded1993 (1993)
Headquarters
Moscow
,
Russia
Key people
Products
Revenue$10.1 billion (2019)
$1.33 billion (2019)
$442 million (2019)
Total assets$19.5 billion (2019)
Total equity$1.02 billion (2019)
Number of employees
70,000
Subsidiaries
Websitewww.sistema.com

Sistema has its headquarters in Moscow. The company's global depository receipts (GDRs) traded on the London Stock Exchange from 2005 until delisting in May 2023. Has been under US sanctions since November 2023.

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