PRESS RELEASE - 22 June 2020; Limassol, Cyprus, and Warsaw, Poland

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, and producer of brands: Prestigio, Canyon and Perenio, according to the preliminary estimations, in May 2020 had consolidated revenues at the level of approx. USD 121 million, compared to USD 117 million in May 2019, representing a increase of approx. 4%.

Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented: “ASBIS is proving how well is prepared for difficult situations, thanks to its vast experience and ability to quickly adapt to the prevailing conditions. That is why we achieve such good results, even in a period as difficult for the whole world as it is today. It requires a lot of commitment and constant readiness, which brings measurable results. In May, we not only sustained our revenues, but managed to surpass them, an achievement which we consider remarkable and whole Group feels proud for. Multiple product lines have shown significant growth rates allowing the company to deliver revenues above our expectations.

Siarhei Kostevitch added: “In our opinion, the technology industry in which ASBIS operates will be one of the sectors that will be less affected by the crisis due to the high demand for systems related to the creation, transmission and sharing of information. We can see it in our results from recent months.”


For additional information, please contact:  

Iwona Mojsiuszko
8Sense Public Relations
Tel. +48 502 344 992


About ASBISc Enterprises Plc

ASBISc Enterprises Plc is one of the leading distributors of IT industry products in the emerging markets of Europe, the Middle East and Africa (EMEA): Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa, combining a wide range geographical operations with a wide portfolio of products distributed in the "one-stop-shop" model.

ASBISc Enterprises Plc is based in Cyprus and specializes in the distribution of computer hardware and software, mobile solutions, IT components and peripherals, and a wide range of IT products and digital equipment. The Company was established in 1990 and currently selling to 56 countries worldwide.

The Group distributes products of many vendors, and manufactures and sells own brands products: Prestigio (smartphones, tablets, external storage,, GPS devices, car-DVRs, multi-boards etc.), Canyon (power banks, networking products and other peripheral devices), Perenio („IoT”).

ASBIS has subsidiaries in 27 countries, close to 1,800 employees and about 20,000 customers. In 2019, sales exceeded USD 1.9 billion.

The Company’s stock has been listed on the Warsaw Stock Exchange since October 2007 under the ticker symbol “ASB” (ASBIS).

For more information, also visit the Company’s website at or

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