Profile: OAO "Sistema-Gals" (HALSq.L)

Sistema-Gals OAO (Sistema-Hals OJSC) is a Russia-based real estate development, management and investment company. The Company was established in 1994, by the principal shareholders of AFK Sistema OAO (Sistema). Together with its subsidiaries, the Company represents the real estate business unit of Sistema. The Company's operations include the development of real estate, sale and retention, construction works for municipalities and property management services. The Company is organized in four divisions: real estate development, project and construction management, assets management and property management. Its offer includes preparing business plans, obtaining necessary construction permits and other permissions, finance raising and marketing. The Company operates numerous subsidiaries located in Russia and Ukraine.