What is Sistema like? Sistema company reviews and website information

Sistema is one of the largest diversified financial companies in Russia, with a wide range of businesses, including oil, telecommunications, technology solutions and consumer asset services. As one of the pillars of the Russian economy, Sistema also enjoys a high reputation worldwide. According to the 2013 Fortune Global 500 ranking, Sistema ranked 308th, fully demonstrating its influence and strength among global companies.

History and development of Sistema

Sistema was founded in 1993 and is headquartered in Moscow, Russia. Since its establishment, the company has rapidly grown into an important enterprise in Russia and even globally through continuous mergers and acquisitions and expansion. Its founder, Vladimir Yevtushenkov, played a key role in the company's early development. Through his strategic vision and leadership, Sistema gradually developed from a small enterprise into a diversified financial giant.

Over the past few decades, Sistema has continuously expanded its business areas, from the initial telecommunications business to oil, technology solutions and consumer asset services. Through a series of acquisitions and cooperation, Sistema has not only occupied an important position in the domestic market, but also achieved remarkable results in the international market.

Main business areas

1. Oil business

Sistema's oil business is one of its core businesses. The company has an important position in the Russian oil market through its subsidiary Bashneft. Bashneft is a comprehensive oil company with businesses covering oil exploration, mining, refining and sales. As one of the largest oil producers in Russia, Bashneft has strong competitiveness in domestic and foreign markets.

In recent years, Sistema has continuously improved the efficiency and sustainability of its oil business through technological innovation and environmental protection measures. The company is committed to reducing carbon emissions and environmental pollution, while improving the efficiency of oil extraction and refining through advanced technological means.

2. Telecommunications business

Sistema's telecommunications business is another core business. The company provides a wide range of telecommunications services in Russia and other CIS countries through its subsidiary MTS (Mobile TeleSystems). MTS is one of the largest mobile operators in Russia, with business scope including mobile communications, Internet services, digital TV, etc.

In the field of telecommunications, Sistema is always at the forefront of technological innovation. The company continues to invest in emerging technologies such as 5G networks, the Internet of Things (IoT) and artificial intelligence (AI) to improve its service quality and user experience. In addition, MTS is also actively expanding its international market and gradually gaining a foothold in the global telecommunications market through cooperation and mergers and acquisitions.

3. Technical solutions

Sistema's technology solutions business covers telecommunication solutions, software development, radar technology, and aerospace technology. The company has achieved significant results in the field of technology solutions through its subsidiary RTI (Russian Technologies and Investments).

In terms of telecommunications solutions, RTI provides a range of advanced communications equipment and systems that are widely used in military, government and commercial fields. In terms of software development, RTI has developed a number of enterprise-level software products to help customers improve operational efficiency and decision-making capabilities. In addition, RTI has made important breakthroughs in radar technology and aerospace technology, making important contributions to Russia's defense and aerospace industry.

4. Consumer asset services

Sistema's consumer asset services business includes real estate, finance, trade and healthcare. The company has a strong position in the real estate market through its subsidiary Sistema Capital, developing several large commercial and residential projects. In the financial sector, Sistema Capital provides a range of financial services, including investment management, asset management and insurance.

In the field of trade, Sistema is engaged in import and export business through its subsidiary Sistema Trade, mainly in the fields of energy, raw materials and consumer goods. In the field of healthcare, Sistema provides a series of medical services and health management solutions through its subsidiary Sistema Healthcare, committed to improving the health level and quality of life of the public.

Sistema's global presence

As one of the largest diversified financial companies in Russia, Sistema has a significant influence globally. Through its extensive business network and partnerships, the company has established close cooperative relations with enterprises and government agencies in many countries and regions around the world.

In the international market, Sistema, through its subsidiaries and partners, actively competes in the fields of global energy, telecommunications and technological solutions. The company continues to enhance its international reputation and brand value through technological innovation, environmental measures and social responsibility projects.

Sistema's social responsibility and sustainable development

Sistema is committed to fulfilling its corporate social responsibility and promoting sustainable development. The company actively gives back to the community and improves the quality of life of the public through a series of environmental, social and educational projects.

In terms of environmental protection, Sistema reduces the impact of its business activities on the environment through technological innovation and environmental protection measures. The company is committed to reducing carbon emissions, saving energy and resources, and actively participates in the investment and promotion of environmental protection projects.

In terms of social responsibility, Sistema focuses on vulnerable groups and improves the education and health of the public through a series of social projects. Through its foundations and charities, the company has funded a number of educational, medical and cultural projects, making an important contribution to the sustainable development of society.

Sistema's future prospects

Looking ahead, Sistema will continue to focus on technological innovation and business expansion to enhance its competitiveness in the global market. The company will continue to invest in emerging technologies such as 5G networks, the Internet of Things and artificial intelligence to improve its service quality and user experience.

In terms of sustainable development, Sistema will further strengthen environmental protection measures to reduce the impact of its business activities on the environment. The company will continue to fulfill its corporate social responsibility and promote sustainable development of society.

In short, as one of the largest diversified financial companies in Russia, Sistema will continue to play its important role in the global market and make greater contributions to the development of the global economy and social progress.

If you want to know more about Sistema, you can visit its official website: www.sistema.com .