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Native name | АО АФК Система |
---|---|
Company type | Public (OAO) |
Industry | Conglomerate |
Founded | 1993 |
Headquarters | Moscow , Russia |
Key people | |
Products | |
Revenue | $10.1 billion[1] (2019) |
$1.33 billion[1] (2019) | |
$442 million[1] (2019) | |
Total assets | $19.5 billion[1] (2019) |
Total equity | $1.02 billion[1] (2019) |
Number of employees | 70,000 |
Subsidiaries | |
Website | www |
AFK Sistema PAO is a large Russian conglomerate company, founded by Vladimir Yevtushenkov, who was chairman of the corporation's board of directors until 2022. In April, Yevtushenkov's shareholding in Sistema has decreased to 49.2%, and he also stepped down from Sistema's board.[2][3]
Sistema has its headquarters in Moscow. The company's global depository receipts (GDRs) traded on the London Stock Exchange from 2005 until delisting in May 2023.[4] It has been under US sanctions since November 2023.[5]