Sistema is the largest consumer services private sector company in Russia and the CIS with over 60 million customers. Founded in 1993, Sistema develops and manages a portfolio of market-leading businesses in the most dynamically developing segments of the economy.
Sistema`s main business areas are:
telecommunications (MTS, Sky Link; Comstar-UTS, MTT);
technology (SITRONICS);
insurance (ROSNO);
real estate (Sistema-Hals);
banking (MBRD);
retail (Detsky Mir);
media (Sistema Mass Media);
tourism (Intourist);
radio technology (RTI-Systems).
Other businesses:
pharmaceuticals (Binnofarm);
medical services (Medsi).
Sistema recorded consolidated revenues of US$7.59 billion in 2005, up 32% compared to 2004. Over the same period, net income increased 30% to US$534.4 million. Total consolidated assets increased by 48.8% to US$13.09 billion.
Global Compact participant since 8/31/2002
