“Nomin Holding LLC” has 27-years’ experience of sales and services and has been expanding its enormous experience of starting the first self-serving supermarket chain stores. In 2008, there was a restructuring and Sales and Services Department or “Nomin Tav Trade LLC” has been founded. They opened their branches not only in Ulaanbaatar but also in Darkhan-Uul, Orkhon, Dornod, Sukhbaatar, Khovd, Dornogobi, Khuvsgul and Tuv aimags. As such, as of quarter one of 2019, there are 3 department stores, 12 wholesale centers, 6 hypermarkets, 13 supermarket, and 5 convenience stores.
As of quarter one 2019, a total of 110,000 sq.km is being used for activities facilities and it is a 100% NATIONAL chain store that serves on a daily basis 40,000 and monthly 1.2 million customers.
When complying with our quality and cheap price policy, we have been innovative in our reform. We work with our business partners, lower our operational costs and ensure “the lowest price guarantee” program to provide the lowest product price to reach the customers.
In 2017, in La Mirada, Los Angeles, USA the trends for Nomin organic stores have been changed. First certification of standards ISO 9001, ISO 14001 and ISO 18001 have been received, in 2018 and 2019 re-certification has been obtained.
In order to increase the benefit of the 3-partite relationship of the customer, partners, and suppliers, ISO 9001-quality management system 9001, ISO 14001 – environmental management system 140018, ISO 18001 – occupational safety and health management systems as well as advanced financial software programs have been introduced.
There has been an economic increase, cash flow decrease and more than half of the economically active population has long-term mortgage loans. This negatively impacts sales statistics. However, the TAX INCOME has been duly 100% contributed to the state budget in 2018.