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Sistema JSFCMoscow, Russia

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Sistema Company Description

If you live in Russia, you likely do business with Sistema. The largest private sector consumer services company in Russia, Sistema has holdings in telecommunications, electronics, insurance, finance, real estate, retail, and media companies. Its largest group, Sistema Telecom, is comprised of more than 50 operators active in fixed and mobile telephony, Internet, and multimedia services and led by wireless operator wireline carrier Comstar UTS and Mobile TeleSystems (MTS). Other top segments include Sitronics, a provider of telecom products and services, and ROSNO Insurance, a leading Russian provider of insurance services. Chairman Vladimir Evtushenkov, one of the wealthiest men in Russia, owns 62% of Sistema.

View the Comprehensive Company Description for Sistema

The Company Description provides a historical perspective of Sistema's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Sistema's evolution in the marketplace.

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