Sistema sold a 50% stake in SG-TRANS for RUB 6 billion



PAO, Sistema completed the sale of 50% shares of JSC “SG-TRANS in favor of a group of unaffiliated buyers for 6 billion rubles. The Corporation continues to own a number of assets previously allocated from the “SG-TRANS”, including the “SG-trading and real estate, said in a statement.

AFK “System” has acquired JSC “SG-TRANS in November 2012. According to the results of the reorganization of transportation assets of the Corporation and attract investors to the asset, the share of AFK “System” in “SG-TRANS” was 50%. In this group of “SG-TRANS” has been allocated non-core assets.




Sistema sold a 50% stake in SG-TRANS for RUB 6 billion 31.08.2016

Share with traders

Share to Google Plus
Share to LiveJournal
Share to MyWorld
Share to Odnoklassniki