Movsum Ibrahimov

Novco Group of Companies

Brief history of the Company: Novco Group of Companies was founded by Farid Novruzi in Azerbaijan in 1999. The Head office is situated in Baku. The company functions in Azerbaijan, Turkey, Georgia and Uzbekistan. Due to the expansion of the company, various companies have become a part of NOVCO GROUP: • Novco Retail Azerbaijan • Novko Retail Turkey • Novko Retail Georgia • Novko Retail Uzbekistan • Novcos cosmetics & perfumery • Novguv F&B • MyBrands cashback & onlineshop Novco operates 20 Fashion Brands and 3 Food & Beverage spheres. Novco Retail Fashion is one of the largest fashion retailers in Azerbaijan and in the South Caucasus. NOVCO represents 57 brand shops as of today, 43 shops are situated in Azerbaijan, 8 in Turkey, 2 in Uzbekistan and 4 in Georgia. The company activities: Carolina Herrera, Liu JO, Coccinelle, Tommy Hilfiger, Calvin Klein, Adidas, Lacoste, Monnalisa, Atelier Rebul, Pablosky, Bebe, Adl, United Colors of Benetton, Benetton Kids, Sisley, Monsoon, Accessorize, Six, Iam, OVS. Food & Beverage segments cover coffee shops - The Bagel Bar Coffee House and Second Cup Coffee Company along with the restaurant – Shakespeare cafe & bistro The company has over 600 employees. Company Target: The company was founded in order to fulfill customers' demands for high quality goods and high class services. The company is under steady development. The main VALUES of NOVCO GROUP The gratefulness is a key in our life understanding and this drives us to a formula: • Our success is the success of surrounding people • To give a light and to guide the people • To help instead of hinder • To learn together and to fail together • Our failure is our experience • We say what we do and we do what we say • We are different minds with one mindset This allows us to keep our leadership at different markets.