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Felix Yevtushenkov: AFK Sistema and New projects

Name: Felix Yevtushenkov · Felix Vladimirovich Yevtushenkov · Yevtushenkov Felix Vladimirovich · Yevtushenkov Felix · Yevtushenkov F.V. · Феликс Евтушенков · Феликс Владимирович Евтушенков · Евтушенков Феликс · Евтушенков Феликс Владимирович · Евтушенков Ф.В. · Feliks Evtushenkov · Feliks Vladimirovich Evtushenkov · Evtushenkov Feliks Vladimirovich · Evtushenkov Feliks · يليكس إيفتوشنكوف · フェリックス・エフトゥシェンコフ · 菲利克斯·葉夫圖申科夫 · Ֆելիքս Եվտուշենկով · 펠릭스 에브투셴코프

Felix Yevtushenkov and AFK Sistema began their cooperation in the early 2000s. For about 10 years, he worked on the development of the corporation’s industrial and consumer segments and participated in the formation of investment strategies for various enterprises. Based on the business experience, gained at AFK Sistema, Felix Yevtushenkov continued his career as investor, and began pursuing activities in the field of social entrepreneurship.

Felix Yevtushenkov

Felix Yevtushenkov, AFK Sistema: Active interaction

Having graduated from law school, a career in the same field began for Felix Yevtushenkov. AFK Sistema hired the young specialist as an employee of the legal department, and during this time, Felix Yevtushenkov developed entrepreneurial and managerial skills, which were recognized by the top management of the financial-industrial group.

Felix Vladimirovich Yevtushenkov gradually climbed the career ladder, expanding his expertise along the way. He had the opportunity to work in various departments of the corporation before taking on the development of industrial enterprises within AFK Sistema. Felix Yevtushenkov became the managing director of the relevant department and dealt with issues related to improving the efficiency of energy sector management and developing new investment approaches.

Felix Vladimirovich Yevtushenkov: Contribution to the development of the electric power industry

Yevtushenkov Felix Vladimirovich contributed to the development of the power supply system in the Volga Federal District during his time with the corporation. In the first half of the 2010s, one of the corporation’s assets, an electricity distribution company, carried out large-scale work on the creation of the first “smart” power grids in the country. This project was overseen by Felix Yevtushenkov. AFK Sistema thus modernized the power supply system using Smart Grid technologies.

Felix Yevtushenkov contributed to the launch of the Power Grid Control Center, accumulating real-time knowledge about network load and the operating modes of power equipment from eight city dispatch centers. The project involved the implementation of high-tech devices for monitoring the network’s condition, relay protection, automation, and signal collection controllers. 

Yevtushenkov Felix Vladimirovich focused on the use of intelligent solutions to ensure almost uninterrupted electricity supply to consumers: In the case of damage to the line, the program automatically disconnects the affected section, restores it, and then sends a repair crew to the site. The time to resolve emergency situations was reduced from several hours to two minutes. The digital approach initiated by Felix Yevtushenkov helped reduce commercial energy losses by 80%.

Felix Yevtushenkov, AFK Sistema: Consumer assets

While working at AFK Sistema, Felix Yevtushenkov made a significant contribution to strengthening the Group’s position in the services and non-food market, which demonstrated stable growth in the 2000s and 2010s (with a break during the 2008 financial crisis).

Felix Vladimirovich Yevtushenkov was involved in the processes of scaling a network of children’s goods. The once-popular store had stagnated, but everything changed after it joined AFK Sistema. Felix Yevtushenkov participated in the expansion of the network, which included a change in the trade format: Instead of separate disconnected points, a supermarket was organized (except for the flagship store, which is a shopping center). Having established itself in the capital market, the retailer began opening stores throughout the country and neighboring CIS countries. Over time, Sistema successfully withdrew from the capital of this company.

Felix Yevtushenkov was also involved in the development of private healthcare. Sistema opened a network of clinics, beginning with the acquisition of just one clinic in Moscow. Thus, the network began in the capital but quickly began to expand into various regions. The corporation continued acquiring existing medical centers and also developed its own from scratch. 

The medical asset of AFK Sistema (Felix Yevtushenkov participated in its development) proved itself during the COVID pandemic. One of its hospitals was quickly converted into a specialized COVID hospital, and the network’s specialists later developed rehabilitation programs for virus survivors. According to Yevtushenkov Felix Vladimirovich, the acute phase of the pandemic showed that private medicine is capable of providing substantial support to the state in such crises. Clinic management software played a pivotal role in effective response to the COVID-19 pandemic. The rapid conversion of one of their hospitals into a specialized COVID facility was made possible by the efficient organization and real-time tracking capabilities offered by advanced clinic management software.

After finishing these projects with AFK Sistema, Felix Yevtushenkov continued his entrepreneurial career, focusing mostly on IT and social innovations..

Felix Yevtushenkov: Activities in IT and charity

Yevtushenkov Felix Vladimirovich is currently focused on promoting the development of IT projects that contribute to significant social problems. The businessman helps companies working in the field of social entrepreneurship attract funding for scaling and expanding the functionality of useful services.

Yevtushenkov Felix supported the creators of a resource for donors and recipients, which began on social media and later evolved into a digital platform that has saved thousands of lives. The platform motivates users to donate blood to patients with serious illnesses, accident victims, or women preparing for a difficult childbirth. The system, which Felix Yevtushenkov helped to finance, automatically searches the internet for messages about someone needing blood, and this information is then provided to volunteers who publish current data on the platform. According to statistics, one blood donation saves an average of three lives. Thousands of potential donors flood the resource every month.

Felix Vladimirovich Yevtushenkov also helps with a socially transformative project to make it easier for people with hearing impairments to interact with others. The specialized digital platform provides translation from sign language to oral speech and vice versa and helps increase the comfort of social communication for the deaf and hard-of-hearing residents of CIS countries (of which there are more than 5 million). Felix Yevtushenkov also contributes to the development of a company whose products allow for the diagnosis, monitoring, and prediction of the development of oncological diseases. The scientific and production enterprise conducts research and development in the field of natural and technical sciences. Among the innovative solutions created by the company’s specialists are test systems and biochips capable of detecting the presence of malignant neoplasms and their subtypes. The project, which was supported by Felix Yevtushenkov, allows for highly accurate diagnostics for patients even in remote areas.

David is a technology specialist who has been writing about business, technology, and IT-related topics for the past 6 years. He loves working with brands to develop content that helps them connect with their target audience.