Description
Sistema Public Joint Stock Financial Corporation, together with its subsidiaries, operates in the telecommunications, retail, forestry, pulp and paper, agriculture, high technology, banking services, real estate, healthcare, and tourism businesses in Russia and internationally. The company operates through Mobile TeleSystems (MTS), Detsky Mir, RTI, and MTS Bank segments. It provides mobile and fixed voice, broadband, Internet access, pay TV, cable and satellite television, digital, mobile application, e-commerce, and GPON-based services; and produces unbleached sack papers, paper sacks, birch plywood and sawn timber products, and pre-fabricated glulam houses. The company also retails childrens goods through a network of 578 Detsky Mir chain stores, 44 ELC chain stores, and Internet stores; and childrens, mens, and womens clothes and underwear, as well as home textiles under the Acoola, Concept Club, and Infinity Lingerie brand names through a network of 410 stores. In addition, it is involved in the wheat, apple, tomato, cucumber, other grain and oil crops, and dairy farming activities; and provision of commercial banking services for individuals and corporates. Further, the company operates healthcare facilities that offers prevention, diagnosis, treatment of diseases, and rehabilitation services for children and adults; develops, manufactures, and supplies radars, automated control systems and situation centers, communications systems, electronic and microelectronic devices, and unmanned aerial vehicles and on-board equipment; and develops and rents real estate properties. Additionally, it transmits and distributes electricity; operates hotels primarily under the Park Inn by Radisson and Holiday Inn Express brands; and develops and produces pulmonology, neurology, anti-viral, immunomodulating, cardiology, and gastroenterology drugs, as well as hepatitis B vaccine and infusion solutions. The company was founded in 1993 and is headquartered in Moscow, Russia.