Sitronics Smart Technologies

In addition to production of plastic products SST proposes the solutions and the advanced software developed own R&D by division.

A major shareholder of SST is JSC SITRONICS - the largest hi-tech company in Eastern Europe entering into AFK "Sistema" holding. By SST it is created in May, 2005 and enters the business direction Sitronics Microelectronics. In 2011 announced JSC SITRONICS sale of 25% of a share in subsidiary company Sitronics Smart Technologies (SST) LLC for 249 million rubles by the Buyer of a share Komvizhn Ruslend LLC supplying parts for Micron since 2007 is. Thus, as a result of the transaction SITRONICS attracted the partner having external examination in the field of smart cards.

Upon completion of the transaction share SITRONICS in SST was reduced from 100% to 75%. In accordance with the terms in further Komvizhn Ruslend LLC an opportunity in addition to purchase another 10% of SST has agreements.

CST is the leading Russian manufacturer of smart cards for telecom industry, banks, state companies and the organizations. The share of SST in the market of SIM cards in Russia makes about 60%.

Sitronics Smart Technologies perform deliveries of products across the territory of Russia, the CIS countries and foreign countries among clients of SST - the largest players of mobile communications market – MTS, Megafon, operators of the Svyazinvest group, the Sistema Shyam Teleservices company operating under a brand of MTS India. Among clients of the financial sector there are leading credit institutions – Sberbank of the Russian Federation, VTB 24, Promsvyazbank.

The share of the company in the market of SIM cards makes 40%, in the market of bank cards – 10%.

In 2009 SST received certificates of international payment systems of MasterCard and Visa on a full stroke of production of bank cards.