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.

[7][8][9][10][a] Sistema operates a number of consumer service businesses in the areas of: In November 2021, “Sistema” was included in “Khabarovsky Project” (in Khabarovsk Krai) for pilot production of green hydrogen with projected 350 thousand tons per year, according to Ministry of Industry and Trade (Russia).

[23][24][25][26][b] In 2018, Sistema held a 100% stake in East-West United Bank (EWUB) with Sergei Pchelintsev (Russian: Сергей Алексеевич Пчелинцев) as the CEO.

[46] Until July 2021[20] AFK Sistema PAO had an aerospace and defence subsidiary, Kronstadt Group, which was acquired in 2015 and developed unmanned aerial vehicles, and flight simulators.

[61] According to a declaration given on 18 October 2018 in Spanish court by Sergey Dozhdev (Russian: Сергей Дождев), Igor Sechin uses his offshore companies to control Sistema through MTS and Bashneft.