ASBIS IS EXPANDING THE DISTRIBUTION CENTER IN DUBAI

January 25, 2024

ASBIS, INVESTOR, SHARES, COMPANY, REVENUE

ASBIS IS EXPANDING THE DISTRIBUTION CENTER IN DUBAI

Press release. Limassol, Cyprus. 25 January 2024

ASBISC Enterprises PLC (WSE: ASB), a leading Value Add Distributor, developer, and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA), continues to increase its warehouse capacity, this time by extending the distribution center in Dubai. The company has moved to a new facility covering an area of 8.2 thousand square meters, housing both office and warehouse spaces. The Group also has the option to construct an additional 5 thousand square meters at this location if deemed necessary.

Additionally, apart from the main distribution centers, each of the ASBIS subsidiaries has its own warehouse space, ensuring continuity of current deliveries to customers. The total warehouse space of ASBIS, including main, regional and local distribution centers, is currently over 73,000 m2

Siarhei Kostevitch, CEO of ASBIS Group, commented: “Despite the fact, ASBIS is already a very large organization,  we are still in a phase of dynamic development. We invest, among other things, in the development of our logistics infrastructure since we are present in more than 34 countries and our service must be constantly of the highest quality. Delivering products as  quickly as possible it is of extreme essence in our industry. This is one of our competitive advantages that we are very proud of. Our operations are developing quite dynamically, so we will inform you about further logistics projects in the near future."

For additional information, please contact:  
Iwona Mojsiuszko
8Sense Public Relations
Tel. +48 502 344 992
E-mail iwona.mojsiuszko@8sensepr.pl

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