ASBIS STRENGTHENS OPERATIONS IN AFRICA AND OPENS DISTRIBUTION CENTER IN SOUTH AFRICA

ASBISC Enterprises PLC, 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), due to plans for further expansion in Africa, has strengthened its operations in this country by opening a new distribution center in Johannesburg (South Africa), which will serve South Africa and the neighboring countries of the region. The warehouse space of the new facility is 500 m2, but thanks to the cooperation with the current partner in the 3PL model, it increases to 8,500 m².

Currently, ASBIS has 2 main distribution centers (Czech Republic and United Arab Emirates) covering its operations and added recently another 2 regional (in Georgia and South Africa) with a total area of 26,300 m2, including additional space available in South Africa.

In addition, apart from the main distribution centers, each of the ASBIS subsidiaries has its own warehouse space, ensuring the continuity of current deliveries to customers. The total warehouse space of ASBIS, including main, regional and local distribution centers, currently amounts to approximately 72,000 m². 

The new distribution center in South Africa will serve as a fast reloading station, from which orders will be delivered to ASBIS customers located not only throughout South Africa, but also in the central regions of the continent. North and East Africa is served from Dubai and Prague.Johannesburg is the largest city in South Africa, the seat of the Constitutional Court and the main economic and financial center of South Africa. In 2015, the city was inhabited by 4.4 million people, and the entire metropolitan area, according to unofficial data, about 8 million. 

Costas Tziamalis, Deputy CEO of ASBIS Group, commented: “ASBIS has ambitious plans to develop its operations in Africa, which will implement in cooperation with its current partner. In this way, we gain a lot of market know-how, which is the key to success for such as specific markets as African countries are. The new distribution center in Johannesburg is the proverbial gateway to Africa, because with this warehouse we have significant coverage of the continent. We gain direct access to clients not only in South Africa, but also in neighboring countries but also in some instances to countries such as Nigeria, Ghana and Ivory Coast. It is an area that covers over 330 million inhabitants, which is almost as much as half of Europe. As we develop our operations in Africa, we will gradually increase the warehouse space in this country.” 

For additional information, please contact:  

Iwona Mojsiuszko
8Sense Public Relations
Tel. +48 502 344 992
E-mail iwona.mojsiuszko@8sensepr.pl

^{About ASBISc Enterprises Plc} 

^{ASBIS Group is 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) with local operations in Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa.} 

<sup>The business of ASBIS is based on three pillars:
1. Distribution of hardware and software for Client Computing and Data Centers, consumer electronics thru:
    a.   Retail chains and e-tailers
    b.   Resellers to small and medium business
    c.   Large enterprises.
2. Full stack in creation of world class products. From scientific research and development to design and engineering, firmware and software, production and marketing of IT and IoT products and solutions via own brands:
    a.      Aeno (small home appliances).
    b.     Canyon (smart watches, power banks, accessories for computers and mobile devices)
    c.     Cron Robotics (building own solutions in the robotics segment, including cobots).
    d.     Lorgar (accessories for gaming and streaming)
    e.     Perenio (IoT platform, IoT routers, applications and peripherals for smart office/ home, smart health).
    f.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
    d.     Prestigio Solutions (innovative technological solutions for business and education)
3.     Complex solutions sales projects to large enterprises via extensive networks of System Integrators and Value Add Resellers.</sup> 

^{ASBIS was founded in 1990, since 1995 operates from Cyprus. Company has two master distribution centers located in the Czech Republic and in the United Arab Emirates, subsidiaries in 27 countries, more than 2,200 employees and about, 20 000 active customers in 56 countries worldwide. In 2021, the Group delivered sales of close to USD 3.1 billion.} 

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

^{For more news and information visit: www.asbis.com}