Monbat is geographically diversified with a market presence throughout the globe.
- As a result of its marketing and distribution strategy, Monbat enjoys excellent market diversification, with sales in more than 70 countries in 2022 and important markets for this period are Germany, Italy, France, Tunisia, and Spain.
- With its well-developed distributor network Monbat accesses end customers from all the major markets in the EU.
- The Group continues to expand to other new growth markets outside the EU such as major African markets, Saudi Arabia, UK, etc.
- Stationary batteries are sold directly to telecoms and other company users, providing Monbat also with direct route to market for some of its products.
Monbat has a global presence with a strong foothold in the EU.
Source: Management data