Sistema is a large diversified company that gains the lion’s share of its revenue from telecommunications, is involved in industries as diverse as health care to real estate development. It is one of the major conglomerates in Russia being listed on both the London Exchange as well as the RTS. It stated it will invest over 400 million over the next several years building a network of medical clinics across Russia. This is in addition to the medical infrastructure it already has. This is interesting to see as the federal government has let the current system decay into a state of anarchy, a system of care in name only and someplace to be avoided at all costs, a private company steps in to provide basic services. Their target market will be the middle and upper middle classes, as the poor can not afford the services and the wealthy can afford to travel abroad for their care. The potential market for this product is in the tens of millions, I personally will be watching how this develops, can private insurance be far behind?