ASBIS Group (WSE: ASB) - a leading Value Add Distributor

ASBIS will distribute DIY products from the renewable energy segment

The distribution agreement covers 12 countries in Central and Eastern Europe, including Croatia, Slovenia, Bosnia and Herzegovina, Serbia, Bulgaria, Hungary and Moldova, as well as several Asian markets, including Armenia, Azerbaijan, Tajikistan, Turkmenistan and Uzbekistan.
 

EcoFLow is a company that was founded in 2017, and its goal was to create portable power stations using renewable energy, which would support the energy transformation of individual users as well. Thanks to this, each of us can have unlimited access to a renewable energy source, e.g. while on vacation or a family trip.

ASBIS will distribute the following innovative products from the green energy segment:

  1. Mobile energy and power storage stations;
  2. PowerStream balcony photovoltaics – an innovative plug & play balcony photovoltaic system. It allows you to easily use solar energy and store excess electricity, which allows you to reduce your electricity bills and reduce CO2 emissions;
  3. Glacier portable fridge, with a built-in freezing function and the only portable ice maker on the market;
  4. EcoFlow Wave2 air conditioner – the world's first portable air conditioner that offers both heating and cooling functions;
  5. EcoFlow Power Hat – a hat with a built-in solar battery, thanks to which you can charge e.g. a smartphone.

“Partnering with EcoFlow allows ASBIS enhance our product lineup in the DIY green energy space, drive innovation in sustainable solutions that align with the growing consumer demand for eco-friendly technologies. We are excited to meet the needs of our existing customers and tap into new markets dedicated to renewable energy”- commented Alexander Martynenko, Chief Business Development Officer at ASBIS Group.