The owner of the afk system. Business structure of JSC AFK "Sistema". Investments in the Swiss-Russian developer of AR solutions for cars WayRay

AFK Sistema- one of the largest financial and industrial groups in the Russian Federation. The public owns and manages stakes in enterprises operating in various service sectors. The group's clients include more than 100 million people not only living in Russia, but also in the CIS countries, Western and Eastern Europe. It ranks 308th in the Fortune Global list for last 2013. The headquarters of the organization is located in Moscow. The corporation continues to expand to this day through mergers and acquisitions of promising, developing enterprises from the service sector.

Assets of JSFC Sistema

"Sistema-Hals" - real estate.

MTS, MGTS, Comstar - telecommunications.

ROSNO - insurance.

"Mass Media Systems" - mass media.

NIIME "Mikron", plant "Mikron", "Sitronics", "Stromtelecom", "Kvazar-Micro" - high technologies.

Retail chain "Detsky Mir" - .

JSCB IBRD – financial sector.

Share capital structure of Sistema JSFC

About ¾ of the share capital belongs to the Chairman of the Board of Directors of AFK Sistema, Vladimir Yevtushenkov. Approximately 20% of securities are traded on the London Stock Exchange in the form of global depositary receipts. The rest of the volume belongs to individuals, mainly current and former top managers of the company. For example, Alexander Leyviman owns 2.6% of the shares, and Alexander Goncharuk owns 1.8%.

AFK Sistema

. These securities are included in the Russian blue chip index. They have a nominal value of 0.09 rubles. More than 9.5 billion securities were issued. Shares of JSFC Sistema have a high level of liquidity. Traded under the ticker AFKS.

GDR (global depository). The IPO procedure was carried out by AFK Sistema in 2005 on the London Stock Exchange. As a result, US$1.3 billion was raised. Deutsche Bank acted as the depositary bank. GDRs are converted to ordinary shares in a ratio of 1:20. GDRs have been issued in a circulation of almost 80 million. They are all traded there on the London market with the ticker SSA.

AFK Sistema dates back to 1993, when the corporation acquired its first assets in the field of telecommunications, electronics, tourism, trade, oil refining, construction and real estate. In 1993-1994, Sistema acquired a controlling stake in OJSC VimpelCom, the first Russian company to provide mobile telephone services. In 1995-1996, AFK Sistema entered into the capital of MGTS and acquired a stake in the Mobile TeleSystems company. In 1997, the Sistema Telecom holding company was created to manage stakes in telecommunications companies. In 1998, an insurance holding company was created on the basis of ROSNO. In 2003, AFK Sistema bought a 10% stake in MTS from Deutsche Telecom, as a result of which it became the majority shareholder of the largest mobile operator in Eastern Europe. In the same year, the company gained control of Comstar (50%) and Cosmos TV (50%), paying about $35 million for this, and announced the creation of the Skylink mobile operator.

In 2004, AFK Sistema and Alcatel signed a contract to deploy Russia's first broadband entertainment network. In the same year, the company’s ordinary shares were included in the “B” quotation list of the RTS exchange. In 2005, AFK Sistema acquired minority stakes in BashTEK companies, including Bashneft and Bashkirenergo. In 2007, shares of AFK Sistema were included in the quotation list “B” of the MICEX. In the same year, the company sold 47.4% of ROSNO to Allianz with the right to purchase the remaining 3% over several years (it was exercised in 2009).

In 2008, JSFC Sistema completed the merger of medical assets into the holding company Medsi Group of Companies CJSC, and in 2009 acquired controlling stakes in BashTEK companies. In 2010, AFK Sistema entered into an agreement to purchase 49% of the shares of OJSC NK RussNeft, the transaction amount of which did not exceed $100 million. In 2010, Sberbank bought from AFK Sistema 25% + 1 share in OJSC Detsky Mir - Center". In 2011, a new organizational and management structure was approved, which involved a transition to an investment company model. At the same time, AFK Sistema acquired its first agricultural assets: a 100% stake in OJSC Donskoye for 476.5 million rubles. and 100% shares of OJSC Stud Farm named after. First Cavalry Army" for 303 million rubles.

In 2012, AFK Sistema bought 50% of Financial Alliance (an operator of railway rolling stock) from Bashneft for 3.41 billion rubles. In the same year, the company withdrew from all power generating assets, but won the privatization tender to purchase 100% of SG-trans. Also, AFK Sistema and members of the Louis-Dreyfus family created a joint venture in the field of agriculture in Russia. In 2013, AFK Sistema sold its stake in RussNeft for $1.2 billion. In the same year, the company sold 70% and 15% of the shares of SG-trans OJSC to Financial Alliance and Unirail Holdings Limited, and also acquired 98% of OJSC United Petrochemical Company from Bashneft for 6.2 billion rubles. At the same time, the board of directors of AFK approved the restructuring program of Sistema-Invest CJSC to eliminate cross-ownership in Bashneft. In 2014, AFK Sistema transferred all shares of JSOC Bashneft to the state following a trial regarding the illegal privatization of the asset. At the same time, Sistema acquired 10.8% of OZON for $75 million, its subsidiary, MTS OJSC, also bought 10.8%. Under the terms of the deal, representatives of both companies joined the OZON board of directors.

In 2015, a subsidiary of AFK Sistema, CJSC DM Finance, sold a 23.1% stake in PJSC Detsky Mir to the Russian-Chinese Investment Fund for RUB 9.75 billion. In 2017, AFK Sistema conducted a successful IPO of shares of Detsky Mir Group on the Moscow Exchange, during which the placement price was 85 rubles. per share. In 2016, AFK Sistema and Rusnano launched a joint direct investment fund focused on investing in high-tech companies and projects. The total size of the fund is up to $100 million. In 2016, AFK Sistema carried out a number of transactions for the sale of MTS shares, as a result of which the group’s share in the authorized capital of MTS decreased to 50.03%.

Founded in 1993, today Sistema JSFC is a major private investor in the real sector of the Russian economy. Sistema's investment portfolio consists primarily of Russian companies representing various sectors of the economy, including telecommunications, retail trade, timber processing, agriculture, high technology, banking services, real estate, medical services and the hotel business. JSFC Sistema is the controlling shareholder in most of its businesses. Sistema's competencies are concentrated in the area of ​​increasing the operational efficiency of acquired assets through restructuring and attracting industry partners in order to strengthen expertise and reduce financial risks.

The main shareholder of Sistema JSFC is the Chairman of the Board of Directors of Sistema JSFC V.P. Evtushenkov. (59.2% shares).

Sistema's global depositary receipts are traded under the ticker symbol "SSA" on the London Stock Exchange. The Company's ordinary shares are included in the first (highest) level of securities listing of the Moscow Exchange and are traded under the ticker “AFKS”.

JSFC Sistema includes business units “Telecommunications Assets”, “Consumer Assets”, “High Technologies and Industry”, “Fuel and Energy Complex”, each of which combines several business areas.

Telecommunications assets include three areas: telecommunications, mass media and film production.

Telecommunications are the main strategic business direction of Sistema, which includes the mobile and fixed-line communications sectors.

The holding's telecommunications assets include MTS, Comstar-UTS, MGTS, Sky Link, Sistema Shyam TeleServices Ltd. and OJSC Intellect Telecom.

The oil refining assets of Sistema are OJSC Ufaneftekhim, OJSC NOVOIL, OJSC Ufaorgsintez, OJSC Ufa Oil Refinery.

The retail segment is represented by OJSC Bashkirnefteprodukt, which unites 317 gas stations located in the Republic of Bashkortostan.

Among the non-core assets of OJSC Bashkirenergo is one of the largest regional energy systems in Russia.

Company financial indicators
At the end of 2009, consolidated revenue increased by 16.7% compared to 2008 and amounted to $18.7 billion. Operating income increased by 37.6% compared to 2008 and amounted to $4.3 billion.

At the end of 2009, the company's assets increased by 44.1% compared to 2008 and amounted to $42.0 billion, including $12 billion from the acquisition of Bashkir companies.

The material was prepared based on information from open sources