Sistema, the largest diversified publicly-traded investment company in Russia and the CIS, is a major shareholder in companies that serve over 100 million customers across various sectors. Since its founding in 1993, Sistema has reported revenues of over US$7.9 billion in the first quarter of 2012 alone, with total assets reaching US$47.3 billion as of March 31, 2012. The company invests in telecommunications, high technology, oil and energy, radars and aerospace, banking, retail, mass-media, tourism, and healthcare services.