List of companies of Mongolia
Mongolia is a landlocked unitary sovereign state in East Asia. Economic activity in Mongolia has traditionally been based on herding and agriculture, although development of extensive mineral deposits of copper, coal, molybdenum, tin, tungsten, and gold have emerged as a driver of industrial production.[1] Besides mining (21.8% of GDP) and agriculture (16% of GDP), dominant industries in the composition of GDP are wholesale and retail trade and service, transportation and storage, and real estate activities.[1] The grey economy is estimated to be at least one-third the size of the official economy.[1] As of 2006, 68.4% of Mongolia's exports went to the PRC, and the PRC supplied 29.8% of Mongolia's imports.[2]
For further information on the types of business entities in this country and their abbreviations, see "Business entities in Mongolia".
Notable firms
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|
Aero Mongolia | Consumer services | Airlines | Ulaanbaatar | 2002 | Domestic and regional airline |
Bank of Mongolia | Financials | Banks | Ulaanbaatar | 1991 | National central bank |
DDishTV | Telecommunications | Mobile telecommunications | Ulaanbaatar | 2008 | Satellite TV and communication |
Eznis Airways | Consumer services | Airlines | Ulaanbaatar | 2006 | Airline, defunct 2014 |
G-Mobile | Telecommunications | Mobile telecommunications | Ulaanbaatar | 2007 | Mobile phone network |
Golomt Bank | Financials | Banks | Ulaanbaatar | 1995 | Banking and financial services |
Hunnu Air | Consumer services | Airlines | Ulaanbaatar | 2011 | International and domestic airline |
Khaan Buuz | Consumer services | Restaurants & bars | Ulaanbaatar | 1998 | Fast food restaurant chain |
MIAT Mongolian Airlines | Consumer services | Airlines | Ulaanbaatar | 1956 | International airline, national flag carrier |
Mobicom Corporation | Telecommunications | Mobile telecommunications | Ulaanbaatar | 1996 | Mobile, part of KDDI (Japan) |
Mongolian National Broadcaster | Consumer services | Broadcasting & entertainment | Ulaanbaatar | 1931 | National television network |
Newcom Group | Conglomerates | - | Ulaanbaatar | 1993 | Investment holding group |
Skytel (Mongolia) | Telecommunications | Mobile telecommunications | Ulaanbaatar | 1999 | Mobile service provider |
Tavan Bogd Group | Conglomerates | - | Ulaanbaatar | 1995 | Investment holding group |
The State bank | Financials | Banks | Ulaanbaatar | 2009 | State-owned commercial bank, former Zoos bank |
UFC Group | Consumer goods | Food products | Ulaanbaatar | 1942 | Food and beverage company |
Unitel (Mongolia) | Telecommunications | Mobile telecommunications | Ulaanbaatar | 2005 | Mobile |
XacBank | Financials | Banks | Ulaanbaatar | 2001 | Community development bank |
Zoos Bank | Financials | Banks | Ulaanbaatar | 1999 | Commercial bank, defunct 2009, now The State bank |
- The Oyu Tolgoi mine employs 18,000 workers.
- Chinggis Khaan International Airport in Ulaanbaatar.
References
- "Background Note: Mongolia". Bureau of East Asian and Pacific Affairs.
- Morris Rossabi; Vladimir Socor (May 5, 2005). "Beijing's growing politico-economic leverage over Ulaanbaatar". Jamestown Foundation. Retrieved 2013-06-28.