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 decreased to 49.2%, and he also stepped down from Sistema's board of directors.[1][2]
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.[3] It has been under US sanctions since November 2023.[4]
History
In 1993,[5]