Sistema is the largest publicly-traded diversified holding company in Russia and the CIS.
Sistema is Russia's largest
publicly listed holding company. Incorporated in 1993, Sistema is
now one of Russia's top 10 companies by revenue, and is one of the
largest holding companies in the world. The company's portfolio
comprises stakes in predominantly Russian businesses in a range of
sectors, including telecommunications, oil, utilities, consumer,
high tech and others. Sistema is the controlling shareholder in
most of its investments.
The Group's goal of
consistently delivering superior shareholder value is driven by a
dual strategy of enhancing the return on invested capital from the
existing portfolio and recycling the majority of the spare cash
proceeds into new investments to diversify and grow its asset
Sistema's competences are
concentrated in the area of increasing operational efficiency of
acquired assets through restructuring and attracting industry
partners with a view to increase expertise and reduce financial
Sistema performed active portfolio
management in 2013 and received US$ 3.2 billion from exits,
restructuring and dividends. Excellent cash inflows expected to
substantially increase Sistema's dividends.
Sistema's global depository
receipts are listed under the symbol "SSA" on the London Stock
Exchange (1 GDR is 20 ordinary shares) and the ordinary shares are
listed under the symbol "AFKS" on the Moscow Exchange.