Sistema Restructuring On Track

摘要

Russian oil company Bashneft and its subsidiaries have increased their combined stake in Sistema-Invest, a subsidiary of holding company AFK Sistema, which is itself the majority shareholder in the Bashkir oil firms. Sistema said Friday that Sistema-Invest has been restructured following the incorporation of Bashkir Integrated Energy Systems, UNKh-EnergoInvest, UNPZ-EnergoInvest and Novoil-EnergoInvest, which are all owned by Bashneft and its Ufa,