OREANDA-NEWS. December 3, 2010. On 19 November 2010 System Capital Management celebrated its 10th anniversary. To mark the event, senior managers of the company gave a press conference, where they summarized the company's performance and outlined the development outlook.

Today SCM means:

       Over 110 companies and 130,000 people employed across Ukraine, Russia, Europe and the USA

Over this decade SCM has evolved from a regional business to an international company with assets in Ukraine, Russia, Europe (the UK, Switzerland, Italy, Bulgaria) and the U.S., whose estimated value of USD 18.5 bln in 2010 is nine times more than it was in 2004[1].

        Investing in development and organic growth

SCM annually invests at least USD 1bn in organic growth of the Group's businesses.

        Broad range of interests

In 2000 SCM was focused on mining and metals and energy. Today the Group's portfolio includes finance, telecommunications and media businesses as well as assets in real estate, retail, trade in petroleum products, heavy engineering and other industries.

        Corporate governance system based on the best international standards

Over the past decade SCM moved from management of individual assets to well-structured industrial holdings with a transparent governance model.

Oleg Popov, the Chief Executive Officer of SCM commented on the company's performance during these ten years: "I personally think that the past decade has been a success for us, firstly, because in 2000 we wished to look at what would happen in 2010. We risked when we invested in development and preferred long-term value to "quick" money. However, I believe that our people are the most important factor of our success and the biggest competitive advantage of SCM. Their professionalism, experience and loyalty has helped us to face all the challenges of the past ten years and feel confident about our future."

Speaking about the company's future, Mr. Popov noted: "I am sure that the next decade will be no less successful than the past ten years. We set very ambitious goals. Further development of our existing assets is foremost. During the next ten years we will invest over USD 10 bn in their organic growth. We also plan to increase the value of our assets to over USD 50 bn. These plans will obviously influence the industrial and geographic priorities of the Group as we are not complacent about our development. Without a doubt, we will make many changes. Yet a number of constant values have not changed over this time and they will remain in future. These are the values and principles of SCM based on professionalism, effectiveness, transparency and responsibility to our shareholders, partners, employees and the whole of Ukraine."