ASBIS POLAND DYNAMICALLY INCREASES SALES AND DOUBLES ITS WAREHOUSE SPACE NEAR WARSAW

ASBIS Poland, subsidiary of ASBIS Group (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), dynamically increases operations in Poland. The company has just doubled its space in the Ideal-Idea City Park logistics center in Raszyn near Warsaw and currently manages 5,000. m2 of space with both warehouses and offices. Additionally, the headquarters of Breezy is located there, which is the largest provider of Trade-In services in the countries where it operates and continues to expand its operations.

ASBIS Poland has been in the TOP 10 countries with the highest sales in the entire ASBIS structure for five years. In 2023, it was ranked 7th with revenues of USD 125.5 million, which were over 46% higher than those generated in 2022.

ASBIS Poland distributes products of the world's largest technology brands in Poland, including: Intel, AMD, Seagate, Kingstone, Western Digital. Recently, the following brands have joined this portfolio: Asus and Acer. 

Siarhei Kostevitch, CEO of ASBIS Group, commented: "ASBIS Poland is a company that for several years has been  strengthening its position on the Polish market, as well as its importance with the ASBIS Group. Since 2019, the company has been among the companies with the highest sales in the Group and since then it has remained in the TOP10, improving its position year by year. This means that ASBIS Poland is dynamically increasing its revenues in Poland, also gaining an increasing share in the local market. Therefore, the increase in warehouse space is a natural step thanks to which the company will be able to continue to develop without any obstacles.” 

Przemysław Wierzbicki, General Manager of ASBIS Poland,commented: “Our goal is further development, which is why we are constantly expanding our already very rich product portfolio and signing new distribution agreements. We intend to continue our growth on the Polish market. We see space for improvement and we also have new ideas that we will gradually implement. We are already among the top five companies in terms of sales in the Group, but seeing the motivation and commitment of the entire Polish team, I am convinced that we can achieve higher revenues who will lead us being in top countries for the group.”