OREANDA-NEWS. July 15, 2011. JSC SITRONICS (SITRONICS or the Company) (LSE: SITR), a leading provider of telecommunications, IT and microelectronics solutions in Russia and the CIS, announces that OJSC RTI has purchased SITRONICS’ stake of 63.074% from JSFC Sistema. As a result of the deal, OJSC RTI has become the controlling shareholder of the Company with the ownership of 63.074%.

SITRONICS is a leading provider of telecommunication solutions, including software, equipment and systems integration, IT solutions and microelectronic solutions in Russia and the Commonwealth of Independent States with a strong presence in Central and Eastern Europe and a growing presence in the Middle East and Africa.

SITRONICS serves over 3,500 clients, maintains offices in 30 countries and exports its products and services to more than 60 countries.