Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Yevtushenkov’s Sistema Acquires Donskoe to Add Grain Business

AFK Sistema, Russian billionaire Vladimir Yevtushenkov’s holding company, agreed to acquire agricultural producer OAO Donskoe from the government to diversify into grains.

Sistema, which controls cell-phone operator OAO Mobile TeleSystems and oil producer OAO Bashneft, is seeking to enter new markets, the Moscow-based company said today in a statement. Sistema agreed to pay 477 million rubles ($16 million) for Donskoe, it said.

“The domestic agricultural sector has great potential,” Chief Executive Officer Mikhail Shamolin said in the statement. “Grain production costs in Russia are among the lowest in the world. Thus, export of grain in 2011 was the highest in the recent history of our country.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.