Yakobashvili building up Sistema interest

According to business daily Kommersant (on 22 October 2012), former co-owner of Wimm-Bill-Bann David Yakobashvili has built up an interest of 1.5-2 per cent of the Sistema conglomerate, which is worth at present approximately USD 200 million.

Sistema, majority controlled by Vladimir Yevtushkenkov (62 per cent interest) has operations in a number of sectors, including:

  •  IT and telecoms (MTS, Moscow City Telephone Network, SkyLink, MTS India;
  • Electronics (Sitronics), Mikron, etc.
  • Banking and insurance (Moscow Bank for Reconstruction and Development, ROSNO)
  • Real estate (Sistema-Hals)
  • Retail (Detski Mir Group)
  • Media (Sistema Mass Media)
  • Oil (Bashneft, Ufaorgsintez, Novoil, Ufaneftekhim, Ufimsky NPZ, Bashkirnefteprodukt, Bashkirenergo
  • Travel (Intourist)
  • Pharmaceuticals (Binopharm)
  • Sport (Olympic Sistema)

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