Sistema PJSFC (AFKS)

Overview

Sistema Public Joint Stock Financial Corporation is a diversified holding company that encompasses a wide range of industries including telecommunications, retail, high technology, finance, pulp and paper, utilities, pharmaceuticals, healthcare, agriculture, real estate, and tourism. With its operations primarily in Russia and Armenia, the corporation functions through a framework of subsidiary companies that include Mobile TeleSystems, Segezha Group, Etalon Group, Medsi Group, Ozon Holdings, among others. Founded in 1993 and headquartered in Moscow, Russia, Sistema has grown to provide a broad spectrum of services and products, underpinned by a strategy that focuses on investing in and managing companies in sectors that demonstrate significant growth potential.

Products and Services

• Telecommunications

  Under the Mobile TeleSystems and other brands, Sistema provides an extensive array of telecommunications services. These include mobile and fixed voice services, broadband and internet access, and pay TV. The company’s telecommunications segment aims to deliver comprehensive connectivity and entertainment solutions to customers in Russia and Armenia.

• Finance

  The finance sector of Sistema offers financial services that cater to the various needs of individuals and businesses. These services are designed to support economic activities and include banking, investments, and other financial products.

• Healthcare

  Through the Medsi Group, Sistema engages in the healthcare industry by offering services aimed at the prevention, diagnosis, and treatment of diseases. The group includes facilities that provide rehabilitation services for both children and adults, ensuring a comprehensive approach to healthcare.

• E-commerce

  Ozon Holdings represents Sistema’s entry into the rapidly growing e-commerce sector. As an internet platform, it facilitates online shopping and retail, providing a broad array of products and services to consumers in a convenient and efficient manner.

• Pulp and Paper

  Operating under the Segezha Group, this segment encompasses timber harvesting and wood processing operations. The company is involved in producing a wide range of paper and wood products, catering to both domestic and international markets.

• Real Estate

  The Etalon Group, a component of Sistema, focuses on the development, design, construction, and operation of residential real estate properties. This segment is engaged in delivering high-quality housing and commercial space, thereby contributing to the development of urban landscapes.

• Utilities and Energy Transmission

  Sistema’s involvement in the utilities and energy sector includes operations related to energy transmission services. This ensures the delivery of essential services to both residential and commercial users, highlighting the corporation's role in infrastructure development.