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Welcome our new COUNTRY MANAGER in MALTA

We have already announced the appointment of Ilgar Neymatov as Country Manager for FCHAIN in Malta. Maintaining tradition, we would like to give you some information about the new member of the FCHAIN family.

Ilgar Neymatov was born on 21.10.1965 in Baku. In 1988 he graduated from Baku Branch of Leningrad Institute of Finance and Economics (now the Azerbaijan State University of Economics) with a degree in “Food science and sales management”. He attended the distance-learning MBA course at Edinburgh Business School, Scotland in 1999

In 1988 Mr. Neymatov started his teaching career at Baku Soviet Commercial College. Since 1991 to 1992 he has worked at the foreign relations department of Polytechnic Institute or Azerbaijan (now Technical University).

Following the collapse of USSR, private entrepreneurship has been finally legalized in independent Azerbaijan. In 1992 Mr Neymatov joined ABC Construction – one of the pioneers of market economy in Azerbaijan, specializing in importing of construction materials and consumer electronics. In 1994 Mr. Neymatov established Canyon Ltd. with his former colleagues, the company that later became a benchmark of FMCG distribution industry in Azerbaijan. In 1998 the Canyon company was renamed as the United Brands Distribution Ltd (since 2011 – Sundell Merchants Group Ltd.) launching Dirol chewing gum, Schwarzkopf and Henkel cosmetics, Garnier personal care, Mentos and Chupa-Chups confectionery and other products which became the household brands in Azerbaijan. The structural changes in the consumer market led to the consolidation of distribution business, Mr. Neymatov and his partners gradually left the distribution business during 2010-2014.

In 2011 Mr. Neymatov moved to Malta continuing working in Azerbaijan remotely. In 2015, he joined Back II Basics A/S (B11B A/S), the international manufacturer of chewing gum and confectionary products with the head office in Denmark and with the partner factories in Tunisia, Germany, and Hong Kong. Mr. Neymatov is responsible for the company’s sales in Russia and other countries of the former Soviet Union. The Company is producing Private Label products for the leading global retail chains. Azersun Holding is B11B’s customer in Azerbaijan.

Mr. Neymatov gained a high work culture, ability of working autonomously within the framework and standards defined by the company and making quick and non-standard decisions. He also lived in Hungary, Bahrain, and Malta, travelling to more than 30 countries.

The Country Manager of FCHAIN Malta thinks that Malta should be the right place for investing, operating the business, education and working with the customers abroad. Malta is the largest transit port in the Mediterranean, and it takes 20 minutes to fly from Malta to Tunisia or Sicily, an hour to Barcelona, Rome, Zurich or Athens, and an hour and a half to Istanbul or Munich.

The country is the only English-speaking member of the EU, the Eurozone, and the Schengen area. The 40% of the population of Malta are the expatriates from all over the world.

Despite of the recent global recession, Malta could have preserved a reliable banking system. The country could have developed a strategy leading to the sustainable development of its economy. Malta has built a reputation of the country providing legal, financial and corporative services. The country offers an attractive tax regime, and leading companies and entrepreneurs launch business in Malta.

We think that Ilgar Neymatov’s experience and favorable business environment in Malta, will be key factors leading to our successful operations in Malta.

  • Author: Gunel Musa

Public Relations Manager

18.05.2022
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