 Stock acquisition

In March 2019, Sistema acquired an 18.7% equity stake in Ozon Holdings Limited from PJSC MTS for RUB 7.9 billion, bringing Sistema’s total stake in Ozon’s equity to 19.3%. In April 2019, Sistema further increased its stake in Ozon to 21.9% following the acquisition of shares from a number of Ozon minority shareholders.

In addition, Sistema_VC, a venture capital fund that is part of Sistema Group and invests in growth-stage tech companies, also holds 16.3% in Ozon.

Logistics infrastructure

As of the end of 2018, Ozon operated eight fulfilment centres occupying a total of more than 100,000 sq m, allowing the company to deliver products to 40% of the Russian population the day after an order is placed. In December 2018, the company set a record for orders processed – 138,000 orders in a single day. In 2019, the company plans to more than double its logistics infrastructure by expanding its flagship distribution centre in Tver and opening a new 100,000 sq. m fulfilment centre in the Moscow region.

Rates of growth

In 2018, Ozon’s business grew at its fastest rate in the last decade. Ozon.ru gross merchandise value (GMV) in 2018 grew by 73%. Some product categories – including clothing and foodstuffs – posted revenue increases in excess of 100%.

In 2019, the company plans to stick to its aggressive strategy, aiming to conquer the wider market. Immediate initiatives include large-scale investments in logistics infrastructure, the expansion of a distribution centre in Tver, and the launch of a new fulfilment centre near Moscow with a total floorspace of over 100,000 sq. m.

Ozon

Information on a transaction under the MTS share buyback programme

Moscow, 5 October 2020 – Sistema PJSFC announces that its wholly-owned subsidiary Sistema Finance S.A. has sold 4,891,383 ordinary shares of PJSC MTS to a wholly-owned subsidiary of MTS, LLC Bastion, as part of MTS share buyback programme announced by MTS in March 2020. The amount of the transaction is approximately RUB 1 668 mln.

Ad-Hoc Notice 

Moscow, 02 October 2020 – Sistema PJSFC notes the announcement by its portfolio company Ozon that it has confidentially submitted a draft Registration Statement on Form F-1 to the Securities and Exchange Commission relating to the proposed initial public offering of its ordinary shares.

Expert RA upgrades Sistema's credit rating to ruAA-

Moscow, 23 September 2020&nbsp;– Sistema PJSFC announces that its credit rating has been upgraded by Expert RA rom ruA to ruAA-, outlook stable.


	 &nbsp;

MTS Receives Russia’s First 5G License

MTS releases its 2019 Sustainable Development Report

MTS Group has published its 12th Sustainable Development Report detailing the company’s corporate social responsibility performance for 2019.

SQream Raises $ 39.4 mn in Series B+ Financing Round to Accelerate its Deep Tech Product Innovation for the Rapid Analytics of Massive Data Stores

SQream, provider of a data analytics acceleration platform that enables enterprises to gain insights from their massive data stores, has raised $ 39.4 million in Series B+ funding. The round was led by Mangrove Capital Partners and Schusterman Family Investments, who joined existing investors, including Hanaco Venture Capital, Sistema_VC, World Trade Center Ventures, Blumberg Capital, Silvertech Ventures and Alibaba Group (NYSE: BABA). The proceeds of the investment will be used to recruit top talent to accelerate advancements in the Company's technology and cloud innovation, and customer delivery platforms to better serve worldwide demand.

Sistema's pharmaceutical plant Binnopharm will produce COVID-19 vaccine

Production of the vaccine for the prevention of COVID-19 at Binnopharm 

Binnopharm pharmaceutical plant in Zelenograd is a production site for the manufacturing of the world's first vaccine for the prevention of coronavirus infection.

Segezha Group - vertically integrated pulp and paper holding

Sistema Asia Fund marks second exit with the sale of Netmeds 

Sistema Asia Fund announced that it has sold its stake in Netmeds, one of India’s leading online pharmaceutical marketplaces.&nbsp;

Sistema companies act to help market withstand COVID-19 outbreak

As a public company with assets operating throughout Russia and the world, Sistema has been closely monitoring the situation with the COVID-19 pandemic.

Ozon wraps up 2019 with record GMV growth, 6,500 marketplace partners, 16,000 pickup points and new services

Sistema company Ozon, a leading multi-category online retailer in Russia, has reported that its GMV (Gross Merchandise Value...



One of Russia’s largest e-commerce platforms, ranked second by number of orders and fourth by revenue in the E-Commerce Index Top 100 for 2018. Ozon offers customers more than 1.6 million SKUs across 24 categories.

Alexander Shulgin

Sistema companies Business Nedvizhimost and Cosmos Hotel Group join forces to revamp Dom Svyazi building in the heart of Moscow

Sistema company Business Nedvizhimost has announced plans to renovate the Dom Svyazi building in Moscow’s historic center. The building, situated on the recently redeveloped Noviy Arbat street, was built in 1967 to house an ATS (automatic...

Segezha Group proves sustainable business means successful business

Sustainability is a fundamental part of how Segezha Group, a Sistema company and the leading Russian paper, packaging, and forestry group, operates its business.


Sistema Charitable Foundation challenges technology owners to revolutionize approach to search and rescue missions in Odyssey project

Sistema Charitable Foundation was launched 15 years ago, in 2004. In this time, the Foundation has worked in a variety of areas, solving different social issues (click here for more information on the Foundation’s areas of work). Having accumulated the experience in such areas as culture, social projects, education and science, the Foundation’s team came to the conclusion that technology was an essential component capable of making the work they did more efficient. Indeed, this year’s The Future Charity report revealed that 57% of charity employees believed that the failure to embrace new technology is one of the biggest hindrances to the sector's development.

MTS StartUp Hub: from scouting and corporate accelerator to pilots and product integration

We recently spoke with Dmitry Kurin, Head of MTS StartUp Hub, at Open Innovations, one of Russia’s flagship conference. This year the company is participating in Russia’s most noteworthy events. The goal is to reinforce the Hub’s brand positioning, to educate more businesses and partners on what it does and what value it creates. 

Sistema_VC funds SenSat, a company on track to creating a more sustainable approach to infrastructure

Infrastructure is central to economic growth, quality of life and productivity. It is the set of basic systems, services and facilities required for the society to function properly. In its 2016 report, Oxford Economics said it expected global infrastructure investment needs to reach USD 94 trillion by 2040, a 19% increase from what would be delivered under current trends. This number would require the world to increase the percentage of GDP spent on infrastructure from 3% to 3.5%. McKinsey Global Institute estimates that nearly USD 49 trillion worth of infrastructure investments will need to be spent between 2016-2030 just to keep up with current global demands. 

Mikron puts sustainability first as it reveals IoT-based waste management solution

As the world’s urban population continues to grow, with an anticipated increase as high as 63% between 2014 and 2050 (UN outlook), there is more of a need for sustainable development than ever before. Cities are becoming smarter as businesses and governments are working together toward a common goal of introducing sustainable policies and creating new solutions to improve residents’ quality of life and reduce environmental footprint.

Business Nedvizhimost taps Moscow’s rapidly growing self-storage market

As Moscow’s residents and businesses become more mobile, the demand for storage facilities continues to grow, Knight Frank data suggests. Russia’s self-storage market is relatively young and draws its roots to 2008-2009. The emergence of the first players in the business is often seen as the outcome of the 2008 crisis with floor space being cut across all segments creating the need for external storage space. 

Medsi: Russia’s largest private healthcare provider leverages cutting-edge technology 

Medsi, the private healthcare operator owned by Sistema, is leveraging state-of-the-art medical technology to take its treatment of patients to the next level. This includes sourcing the very latest medical equipment from around the world, hiring the best physicians in the country and training staff in cutting-edge methodologies.

Sistema Asia Fund supports expansion of innovative Indian fintech lender

LendingKart is an Indian lender that issues working capital loans to micro, small and medium sized enterprises (MSMEs). The company leverages proprietary technology based on big data analysis to evaluate borrowers' creditworthiness. Since its inception, LendingKart has evaluated nearly half a million loan applications and disbursed more than 60,000 loans to more than 55,000 MSMEs in more than 1,300 cities across India. The company has the largest geographical footprint of any non-banking financial company (NBFC) in the country. 

Sistema_VC backs growth-stage startups

Sistema_VC, a Sistema venture capital fund, is rapidly establishing a track record as a leading backer of deep tech startups. Established in 2016, the fund has invested approximately 90% of its funds in 17 projects, with about half of those in the Russia and CIS region and half in other markets, notably the UK, and Israel.

Alium: emergence of a new leader in Russian pharma 

Alium is Sistema’s pharmaceuticals holding, being created through the merger of Binnopharm, a pharmaceuticals company established by Sistema in 2006, and OBL Pharm. OBL Pharm is an asset Sistema acquired in 2019 as a part of an investment consortium that includes management of OBL Pharm, VTB, Russian Direct Investment Fund (RDIF), Russian-Chinese Investment Funds (RCIF) and a number of leading investments funds from Middle East.

Steppe to produce dairy products as milk business expands

The Russian government is supporting dairy farmers in an effort to stimulate milk production with the aim of becoming self-sufficient in dairy within a few years. 

Sistema Asia Fund invests in Uniphore

Sistema Asia Fund (SAF), Sistema’s venture capital arm in Asia, has participated in the Series C investment round for Uniphore, a Chennai-based speech recognition company, alongside other investors. The company raised a total of USD37.9m in the round.

The capital raised is expected to be deployed towards R&D, building speech analytics and virtual assistant solution for global markets.


CLT panels – a promising new market for Segezha

Segezha Group launches construction of first plant in Russia to produce CLT panels, a breakthrough product gaining momentum worldwide.

Sistema Asia Fund opens Bangalore office

Sistema Asia Fund, Sistema’s VC arm in Asia, has opened an office in Karnataka capital Bangalore. This is the fund’s second office in India. Two of the fund’s managing partners are now based in Bangalore, while one is based in Delhi. 

Sistema: creating businesses of the future

In a fresh-off-the-press interview with Vedomosti, Russia’s leading business publication, Sistema CEO Andrey Dubovskov talks about the corporation’s vision for its core businesses, recent acquisitions and intra-asset synergies. 

Sistema’s CVC vertical among strongest in Russia

Sistema stands among leaders of Russia’s corporate charity

Corporate charity in Russia is evolving, results of the Corporate Charity Leaders competition held annually by the Donors Forum, suggest. While, generally, charity budgets are being cut, the portion of funds allocated towards philanthropy is growing. Grants are becoming more common, as companies are getting more selective with picking beneficiaries. Corporate volunteering is also on the rise: experts estimate that over 20% of employees at large companies participate. 

Infographic: Ozon stands among leaders of Russia’s e-commerce boom

Sistema company Ozon recently reported strong results for 2018

Segezha Group sets case for zero-waste production with pellets plant

Pellets, also known as fuel granules, are produced from wood chips, bark and sawdust, which all represent production waste. Previously, where wood by-products would simply be burnt, now modern technologies implemented at Segezha’s Lesosibirsk LDK No.1 in Krasnoyarsk Krai, allow for processing of production waste in order to create a new product the company now exports. 

Sistema Asia Fund marks first exit with sale of stake in Qwikcilver

The deal sees Sistema Asia Fund reap multifold returns within three years of its investment

Agroholding STEPPE launches own retail brand

Sistema company Agroholding STEPPE, one of the largest agricultural companies in Southern Russia, recently revealed its lineup of retail brand products it had announced last year. 

YouDo rides wave of growing market for virtual employment exchange services

Virtual employment exchange services are on the rise in Russia, as the number of tasks executed by individuals continues to grow at double-digit rates, Kommersant reported. 

Detsky Mir enters Belarus under Detmir brand

Detsky Mir has launched its first store in Minsk, Belarus, making a much-anticipated entry to a promising new market

Sistema_VC participates in Series A funding round for DataSine

Sistema_VC, Sistema’s fund focused on investment in growth-stage tech companies, participated in the Series A funding round for DataSine, an AI-based marketing personalization company, alongside other investors, including Pentech Ventures, Cathay Innovation, Propel Venture Partners and Twin Ventures International. 

Medsi sets up foreign patients division to leverage upswing in medical tourism

Agroholding Steppe expands business with agro trading launch

Russian agriculture exports are booming, according to Deloitte report. Sistema company Agroholding Steppe is ahead of the trend with own agro trading business launch. 

Sistema companies benefit as Russians shift online usage to mobile

Russians are increasingly accessing the internet from mobile devices instead of desktop computers, and Sistema companies are both drivers and beneficiaries of the trend. 

Sistema is targeting digitalisation of all its assets, CEO Dubovskov tells Davos

Andrey Dubovskov, President and Chief Executive Officer of Sistema, spoke about the future of the digital economy on a high-profile panel in Davos, Switzerland this week.

Segezha Group launches pellet production

Segezha Group has been investing into new pellet production lines at its facilities, and is on its way to zero-waste production, as the pellets are a modern  sustainable source of energy and are produced by recycling sawmill waste.



Sistema Asia Fund participates in funding round for Indian gourmet meat startup Licious

SAF participated in the Series D funding round for Licious, an Indian online gourmet meat startup headquartered in Bengaluru, capital of India's southern Karnataka state, known as the center of India's high-tech industry

Sistema leads 2018 corporate venture investors ranking by RVC 

Russian Venture Company published a ranking of Russia’s most active venture investors, naming Sistema Russia’s top corporate venture capital investor of 2018 

Sistema companies leverage smart tech to drive efficiency, sustainability

Smart technology is penetrating virtually every industry – from agriculture and transportation to manufacturing and construction. PwC estimates that the economic impact from the adoption of Internet of Things (IoT) technology alone may reach USD1.2 tn globally by 2020

Segezha CEO talks industry trends, competitive advantages, investment pipeline

Mikhail Shamolin, President of Sistema’s pulp and paper asset Segezha Group, gave an interview to @Kommersant where he addressed the outlook for the industry, Segezha’s competitive advantages and the company’s investment plans. 

Sistema_VC increases stake in Ozon to leverage Russia’s e-commerce boom

Sistema_VC has become the third largest shareholder of Ozon bringing the fund’s stake to 16.3%

Healthcare operator MEDSI plans aggressive growth, nationwide footprint

MEDSI, Russia’s leading chain of medical clinics and hospitals, wholly owned by Sistema, plans to double its operations and expand to become Russia’s largest federal private healthcare provider

Detsky Mir launches Zoozavr

MTS reports strong financial results for Q3 2018

Group revenue increased 11.7% y-o-y to RUB 128bn, of which revenue for Russia was up 12% y-o-y to RUB119.1bn

STEPPE AgroHolding develops smart dairy farms to boost production

Russia is among the TOP-10 milk producers by output globally, but its efficiency is up to two-times lower than in leading countries. The average yield per cow is over 11 tonnes per annum in Israel, 10 tonnes in the US and only 5 tonnes in Russia.

MTS and Medsi tap into telemedicine market with Smartmed

Leading telecom operator and digital service provider MTS and private healthcare chain MEDSI, two Sistema portfolio companies, tapped into the segment in April 2018 with the launch of Smartmed

Sistema Asia Fund company LendingKart makes H2's and KPMG's Global Top 50 of Fintech 100 Firms list

LendingKart, an Indian fintech company that focuses on providing SMEs facilitated access to working capital, has been included in the Global Top 50 Established Fintech Firms list within the Fintech 100 report

Detsky Mir CEO talks expansion plans

Vladimir Chirakhov, CEO of Detsky Mir, gave an extended interview to leading Russian business daily Vedomosti about the company’s plans, expansion to Belarus and ambitions to enter a new business segment – pet products. 

Segezha Group enters consumer packaging segment 

On 15 October, Segezha Packaging launched a second production line in the Rostov region 

Multi-storey laminated timber construction: Segezha to benefit from building code changes

New IR Director at MTS

MTS, Russia’s leading telecom operator/digital service provider and a Sistema company, has appointed Polina Ugryumova as Director, Investor Relations, to represent MTS within the global investor community.

Moscow, 04 September 2018 – Sistema PJSFC announces that its subsidiary Sistema Finance S.A. sold 4,738,524 ordinary shares of PJSC MTS to a subsidiary of MTS, LLC Bastion as part of the MTS share buyback programme 

Russian Deputy Prime Minister visited Sistema’s Singapore offices

On September  20, during his official trip to Singapore, Russian Deputy Prime Minister Maxim Akimov visited the office of Sistema’s subsidiary in Singapore, Sistema Asia Pte. Ltd., that manages Sistema’s investments in India, Singapore and Southeast Asia.

MTS launches online distance learning platform

MTS (NYSE: MBT, MOEX: MTSS), Russia’s leading telecom operator/digital service provider and a Sistema company, has entered the remote learning market with the launch of its Smart University platform. 

Sistema Asia Fund company Qwikcilver teams up with Uber

Qwikcilver, a global leader in end-to-end gifting & stored-value solutions and a Sistema Asia Fund portfolio company, is partnering with Uber to offer Uber and UberEats gift cards. 

MTS invests in YouDo, a gig economy platform 

MTS (NYSE: MBT, MOEX: MTSS), Russia’s leading telecom operator/digital service provider and a Sistema company, has acquired a 13.7% stake in YouDo Web Technologies Limited (Cyprus), one of the largest Russian online service providers matching freelance labour demand and supply for everyday and business tasks. 

IR Blog

Publications in mass media

Flagship Detsky Mir store in Moscow

Mikhail Shamolin about &quot;What’s ahead for Russia’s economy?&quot;

Mikhail Shamolin about &quot;Oil’s impact on Russia’s economy&quot;

Medsi opened a new clinical and diagnostic center in Moscow

OJSC Bashkirenergo &quot;Future today&quot; corporate video

Sistema presented unique multimedia show to the Victory Day

  Mikhail Shamolin explains why Rosneft's claim against Sistema is baseless  

  Mikhail Shamolin about Sistema's business and russian economy  

Production of paper sacks and bags is one of Segezha Group key business segments

Media

Connecterra lands € 7.8 mn for its AI driven AgTech to accelerate industry digitization

Connecterra&nbsp;(“Company”), the Artificial Intelligence (AI) leader for the dairy sector has secured EUR 7.8 million in a Series B funding round. The round adds new&nbsp;AgTech&nbsp;and industry insiders as investors in the Company.&nbsp;

Five raises $41 mn in Series B funding to tackle the biggest challenges in self-driving

Five, the UK self-driving company, has raised $41M in a Series B round of equity funding. New investors are&nbsp;Trustbridge Partners,&nbsp;Direct Line Group and&nbsp;Sistema VC. Existing investors Lakestar, Amadeus Capital Partners, Kindred Capital and Notion Capital also participated in the round,&nbsp;which makes Five one of Europe’s best-funded self-driving startups, with $77M raised to date.

Sistema_VC invested in AgroTech startup KisanHub

KisanHub raises £3.4M from Sistema_VC, Notion and IQ Capital to digitise agri supply chain for the world’s largest food and beverage companies. By connecting with growers and collecting the data, the platform provides insights for more efficient process. The funding raised helps the company in scaling up the deployment of the platform in multiple geographies 

On September 20, during his official trip to Singapore, Russian Deputy Prime Minister Maxim Akimov visited the office of Sistema’s subsidiary in Singapore, Sistema Asia Pte. Ltd., that manages Sistema’s investments in India, Singapore and

MTS invests in YouDo, a gig economy platform

MTS (NYSE: MBT, MOEX: MTSS), Russia’s leading telecom operator/digital service provider and a Sistema company, has entered the remote learning market with the launch of its Smart University platform.


Segezha Group announces IFRS results for Q4 and FY 2016

Sistema_VC invested in AI-powered Dairy Farmers Assistant

MTS and MEDSI launch a platform for mobile telemedicine services

The first product to be launched on this platform is the SmartMed app. SmartMed allows customers to arrange consultations with MEDSI doctors by video call or instant message from anywhere in the world.

HardTech Round has received 270 industrial high-tech projects – the competition remains open for entries    

Moscow, Russia, 16 April 2018 – Rusnano Sistema SICAR, a private equity fund established by Sistema and RUSNANO, is pleased to announce the interim results of the industrial technology competition HardTech Round and extends the deadline for entries.

Rusnano Sistema SICAR seeks out industrial technology projects

Moscow, 13 March 2018 - Rusnano Sistema SICAR, a fund created jointly by PJSFC Sistema and RUSNANO, announces the launch of HardTech Round, the first open competition for industrial technologies projects, whose winners may qualify for investment of up to $10,000,000 from the fund.

Detsky Mir Group announces audited financial results for the full year 2017

05 March 2018.&nbsp;Moscow, Russia.&nbsp;– Detsky Mir Group ("Detsky Mir", "the Group" or "the Company") – Russia’s largest specialized children's goods retailer, announces its audited financial results in accordance with International Financial Reporting Standards (IFRS) for the full year ended 31 December 2017.

News

S&P upgrades Sistema's credit rating to BB 

Moscow, 15 September 2020 - Sistema PJSFC (hereinafter, "Sistema" or "the Corporation") (LSE: SSA; MOEX: AFKS), a Russian public diversified holding company, announces that S&amp;P rating agency has upgraded Sistema’s credit rating from BB- to BB, with a stable outlook.

Moscow, 04 September 2020 – Sistema PJSFC announces that as a result of the offering of existing shares of Detsky Mir, Sistema has fully divested its 20.38% ownership stake in Detsky Mir.

Moscow, 3 September 2020 – Sistema PJSFC announces that its wholly-owned subsidiary Sistema Finance S.A. has sold 4,858,868 ordinary shares of PJSC MTS to a wholly-owned subsidiary of MTS, LLC Bastion, as part of MTS share buyback programme announced by MTS in March 2020. The amount of the transaction is approximately RUB 1 641 mln.

Sistema closes order book on RUB 10 bn series 001P-15 exchange-traded bonds

Moscow, 03 September 2020 –Sistema PJSFC announces the completion of book-building for RUB&nbsp;10 billion series 001P-15 bonds. As a result of the book-building, the semi-annual coupon rate was&nbsp;set at 6.70% per annum.

Sistema announces financial results for the second quarter 2020

Moscow, Russia – 03 September 2020 – Sistema PJSFC today announces its unaudited consolidated financial results in accordance with International Financial Reporting Standards (IFRS) for the second quarter 2020 ended 30 June 2020.

Sistema releases its block of MTS shares from pledge

Moscow, 02 September 2020 – Sistema PJSFC announces the signing of an agreement with
PJSC Sberbank of Russia whereby Sistema's stake in MTS.

Sistema and Russia-China Investment Fund successfully price offering of 184,750,001 Detsky Mir shares, creating the first Russian company with a 100% free float [1]

Moscow, Russia – 2 September 2020 – Sistema PJSFC, a publicly traded diversified Russian holding company, together with the Russia-China Investment Fund, and the “Selling Shareholders” collectively) have successfully priced the offering&nbsp;of PJSC “Detsky Mir” shares.

Launch of offering of up to 184,750,001 Detsky Mir shares

Moscow, Russia – 1 September 2020 – Sistema PJSFC (“Sistema”) (LSE: SSA; MOEX: AFKS), a publicly traded diversified Russian holding company, announces the launch, together with the Russia-China Investment Fund (“RCIF”), of an offering of up to 184,750,001 existing shares in PJSC “Detsky Mir” (the “Company” and the “Offering” respectively).

Sistema Q2 2020 IFRS Financial Results Conference Call

We are pleased to invite you to a conference call dedicated to Sistema Q2 2020 financial results.


	 The event will be held on Thursday,&nbsp;3 September 2020, at 10:00 AM (New York) / 3:00 PM (London) / 4:00 PM (CET) / 5:00 PM (Moscow).


	 &nbsp;

The world's first coronavirus vaccine will be produced by Sistema's pharmaceutical plant  

Moscow, Russia – 11 August 2020 – The world's first coronavirus vaccine has been registered. The vaccine was developed by Russia’s Gamaleya Scientific Research Institute of Epidemiology and Microbiology. According to the registration certificate, the only production facility in Russia to be engaged in the manufacturing of the new vaccine, in addition to Gamaleya Institute, is Sistema's pharmaceutical plant Binnopharm located in Zelenograd, the Moscow region.

Information on a transaction under the MTS share buyback programme 

Moscow, 4 August 2020 – Sistema PJSFC (“Sistema” or “the Corporation”) (LSE: SSA, MOEX: AFKS), a publicly traded diversified Russian holding company, announces that its wholly-owned subsidiary Sistema Finance S.A. has sold 2,587,059 ordinary shares of PJSC MTS (hereinafter, "MTS") to a wholly-owned subsidiary of MTS, LLC Bastion (the “Purchaser"), as part of MTS share buyback programme announced by MTS on 20 March 2020 (the “Programme"). The amount of the transaction is RUB 834 mn.

Sistema closes order book on RUB 10 bn series 001P-14 exchange-traded bonds

Moscow, 16 July 2020 – Sistema PJSFC (“Sistema” or “the Corporation”) (LSE: SSA, MOEX: AFKS), a publicly traded diversified Russian holding company, announces the successful completion of book-building for its RUB 10 bn series 001P-14 bonds. Based on the results of the book-building, the coupon was set at 6.35%.

Report on Payments to Governments for 2019

Moscow, Russia – 30 June 2020 – Sistema PJSFC (“Sistema” or the “Corporation”) (LSE: SSA, MOEX: AFKS), a publicly traded diversified Russian holding company, announces that it has released its Report on Payments to Governments for the year 2019.

Sistema announces decisions taken by AGM and  the Board of Directors

Moscow, Russia – 29 June 2020 – Sistema PJSFC (hereinafter, "Sistema" or the "Corporation") (LSE: SSA, MOEX: AFKS), a Russian public diversified holding company, is pleased to announce the results of the annual general meeting of shareholders (AGM), which took place on 27 June 2020.&nbsp;&nbsp;

Moscow, 19 June 2020 – Sistema PJSFC (LSE: SSA, MOEX: AFKS), a publicly-traded diversified holding company, announces that as a result of the offering of existing shares of Detsky Mir (MOEX: DSKY), Russia’s largest specialised children’s goods retailer, Sistema’s ownership stake in Detsky Mir has decreased from 33.38% to 20.38%.

Sistema and Russia-China Investment Fund successfully price offering of 117,777,459 Detsky Mir shares

Moscow, Russia – 17 June 2020 – Sistema PJSFC (“Sistema” or the “Corporation”) (LSE: SSA; MOEX: AFKS), a publicly traded diversified Russian holding company, together with the Russia-China Investment Fund (“RCIF”, established by RDIF and China Investment Corporation, and the “Selling Shareholders” collectively) have successfully priced the offering (the “Offering”) of Detsky Mir shares (the “Company”).


 &nbsp;

Launch of offering of approximately 118 million Detsky Mir shares

Moscow, Russia – 16 June 2020 – Sistema PJSFC (“Sistema” or the “Corporation”) (LSE: SSA; MOEX: AFKS), a publicly traded diversified Russian holding company, announces the launch, together with the Russia-China Investment Fund (“RCIF”), of an offering of approximately 118 million existing shares in Detsky Mir (the “Company” and the “Offering” respectively).

Sistema announces financial results for the first quarter 2020

Moscow, Russia – 10 June 2020 – Sistema PJSFC (“Sistema” or the “Company”, together with its subsidiaries and associates, “the Group”) (LSE: SSA, MOEX:&nbsp;AFKS), a publicly-traded diversified Russian holding company, today announces its unaudited consolidated financial results in accordance with International Financial Reporting Standards (IFRS) for the first quarter 2020 ended 31 March 2020.

Sistema Q1 2020 IFRS Financial Results Conference Call

We are pleased to invite you to a conference call dedicated to Sistema Q1 2020 financial results.

The event will be held on Wednesday, 10 June 2020, at 10:00 AM (New York) / 3:00 PM (London) / 4:00 PM (CET) / 5:00 PM (Moscow). 


Results of the mandatory tender offer to shareholders of OJSC Sintez

Moscow, Russia – 26 May 2020 – Sistema PJSFC (hereinafter "Sistema" or the "Corporation") (LSE: SSA, MOEX: AFKS), a Russian publicly traded diversified holding company, announces that as a result of the mandatory tender offer to shareholders of Sintez Kurganskoe Medical Products Company OJSC (hereinafter, “OJSC Sintez”) launched by holding company Sinocom Investments Limited (“Sinocom”) Sinocom has acquired 13 696 ordinary shares and 20 577 preferred shares of OJSC Sintez.

Sistema closes order book on RUB 15 bn series 001P-13 exchange-traded bonds

Moscow, 21 May 2020 – Sistema PJSFC (“Sistema” or “the Corporation”) (LSE: SSA, MOEX: AFKS), a&nbsp;publicly&nbsp;traded diversified Russian holding company, announces the closing of the order book on RUB 15 bn series&nbsp;&nbsp;&nbsp;001P-13&nbsp;bonds. Based on the results of the book-building, the semi-annual coupon rate was set at 6.60% per annum. The nominal value per bond is RUB 1,000. Term to maturity is 10 years from the date of placement. The coupon period is 182 days. There is a put option in four years.

Sistema announces decisions of its Board of Directors 

Moscow, Russia – 18 May 2020 – Sistema PJSFC (hereinafter "Sistema" or the "Corporation") (LSE: SSA, MOEX: AFKS), a Russian publicly traded diversified holding company, announces the decisions taken at the meeting of its Board of Directors held on 16 May 2020.

Moscow, 13 May 2020 – Sistema PJSFC (LSE: SSA, MOEX: AFKS), a publicly-traded diversified holding company, announces that its wholly-owned subsidiary Sistema Finance S.A. has sold 778,144 ordinary shares of PJSC MTS (hereinafter, "MTS") to a wholly-owned subsidiary of MTS, LLC Bastion (the “Purchaser"), as part of MTS share buyback programme announced by MTS on 20 March 2020 (the “Programme"). The amount of the transaction is RUB 240 mn.

Ozon

Sistema’s
direct stake

31.3 percent

Sistema_VC’s
direct stake

11.699 percent

Gross merchandise
value in 2019

80.7 bn ₽

pickup points and
parcel lockers

16.7 thousand

Development Strategy

The team

Alexander Shulgin

Business

Stock acquisition

Rates of growth

Logistics infrastructure

Learn more on website
Ozon

Ozon

Sistema’s direct stake

31.3 percent

Sistema_VC’s direct stake

11.699 percent

Gross merchandise value in 2019

80.7 bn ₽

pickup points andparcel lockers

16.7 thousand

Development Strategy

The team

Alexander Shulgin

Business

Stock acquisition

Rates of growth

Logistics infrastructure

Learn more on website Ozon

Sistema’s
direct stake

Sistema_VC’s
direct stake

Gross merchandise
value in 2019

pickup points and
parcel lockers

Learn more on website
Ozon