SITRONICS ao (SITR)

JSC Sitronics, together with its subsidiaries, develops technology products and solutions for the Russian Federation, Ukraine, Czech Republic, Greece, and Romania. The company operates in three segments: Telecommunication Solutions, Information Technologies Solutions, and Microelectronic Solutions. The Telecommunication Solutions segment designs, manufactures, and distributes hardware and software products, including convergence solutions. This segment also offers system integration and customization services for fixed line, mobile telecommunication, and other operators. The Information Technologies Solutions segment provides computer systems integration, IT consulting, and software development services for telecommunication operators, banking and financial institutions, and the public sector. The Microelectronic Solutions segment designs, manufactures, tests, and distributes semiconductor products and components; and the production and distribution of chip cards, microchip packaging, and related solutions. JSC Sitronics serves governments; telecommunications, IT, finance, energy, retail, oil-and-gas, and transport industries; global/national enterprises; hardware and software companies; and other businesses serving individuals worldwide. The company was formerly known as Concern Scientific Center and changed its name to JSC Sitronics in 2003. JSC Sitronics was founded in 2002 and is based in Moscow, Russia. As of September 30, 2013, JSC Sitronics operates as a subsidiary of OJSC Sitronics-Nanotechnologies.