Recent events
Recent events tied to this brand in public sources.
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2021
Sistema–Sber joint venture increases its stake in Elektrozavod
Megapolis Invest, a joint venture between Sistema and SberInvest, acquired an additional 29.64% stake in JSC Elektrozavod from a private investor for RUB 5.8 billion, bringing its total stake to 94.01%.
2020
Sistema–Sber joint venture completes Elektrozavod Group acquisition
LLC Megapolis Invest, a joint venture between Sistema and SberInvest, closed its acquisition of a 64.37% stake in JSC Elektrozavod and 100% of LLC Elektrokombinat, together referred to as Elektrozavod Group. The transaction was valued at RUB 24.7 billion.
2020
Big W discounts storage containers by 50 per cent
Big W offered storage containers at 50 per cent off, including Sistema products.
2020
Sistema workers walk out over health and safety concerns
E tū said workers at Sistema’s Auckland plant walked out and went on a health and safety strike, alleging that the company did not take their safety seriously and that workers had to work on production lines less than a metre apart. These are allegations in the union's press release.