Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit Completed
ASBIS is a large international holding engaged in the distribution of IT products.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)
Exited Exit CompletedThe Ukrainian market for Apple products is controlled by a company with Russian-Belarusian roots. ASBIS is responsible for official deliveries. It has been operating in Ukraine for a long time, but its founders are citizens of Belarus who have been doing business in Russia for a long time. Even after February 24, 2022, ASBIS did not stop working in the markets of the aggressor states, but on the contrary, it continues to supply Apple equipment to the Russian Federation and Belarus and pay taxes there. In Russia, ASBIS had a wide network of offices in Moscow, St. Petersburg and Kazan, as well as subsidiaries "Asbis", Must, Avectis and others. Some of them were formally renamed after the start of the war, but their activities continued. Thanks to the subsidiary in Kazakhstan, Apple's sales in the Russian Federation even increased several times.
Amends contracts following new sanctions. 10.2023: Kuzmich Igor Aleftinovich becomes the new founder of the organization. The entry about the founder of the LIMITED LIABILITY COMPANY ASBISC ENTERPISES PLC has been removed from the Unified State Register of Legal Entities.