EE Impact

ASBIS

Cyprus · Electronics

LeaveRussia detail: Exit Completed

Exited Russia

ASBIS is a large international holding engaged in the distribution of IT products.

Status last verified 03/08/2026Source checked 06/10/2025Company website ↗LeaveRussia profile ↗

Business in Russia

The 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.

Decision trail

Decision date 17/10/2023 · Reference ↗

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.

Local stats (LeaveRussia)

Assets(RF), mln.USD
36
Capital(RF), mln.USD
9
Glob.Revenue, mln.USD
3061
Revenue(RF), mln.USD
166
Staff(RF), 2021
1049

Status history since 2022

  1. 03/08/2026 exited · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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