Asbis speeds up and opens subsidiaries in more countries

ASBISc Enterprises Plc, a leading value-added distributor, developer and supplier of ICT and IoT products, solutions and services in the growing markets of Europe, the Middle East and Africa (EMEA), has opened its subsidiaries in six more countries, thanks to which the Group will be able to grow even faster developed in these regions. These are the following countries: Armenia, Georgia, Azerbaijan, Moldova, Morocco and South Africa. In the latter of these countries, the Group has already opened a distribution center that supplies all of South and Central Africa.

ASBIS currently manages 34 subsidiaries that successfully operate in their countries.

“ASBIS is very consistently strengthening its position in selected countries. For a long time, we have been focusing on in the countries of the Caucasus, which is why we have decided to engage even more in selected regions that we believe have high growth potential. ASBIS is the largest market player in most of its countries of operation, the establishment of subsidiaries will result in our even faster development in these countries, and thus a larger scale of operations of the entire Group,” said Costas Tziamalis, Deputy CEO of the ASBIS Group.

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