List of companies of Mongolia

Location 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[update], 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

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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.

Notable companies
Active State-owned Defunct Name  | Industry  | Sector  | Headquarters  | Founded  | Notes

|
|
|
|
|

Aero Mongolia | Consumer services  | Airlines  | Ulaanbaatar | 2002  | Domestic and regional airline
Agrotechimpex | Industrials  | Industrial Engineering  | Ulaanbaatar | 1959  | Agricultural material and supplies
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
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.

* Buyant-Ukhaa International Airport in Ulaanbaatar.

## See also

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* List of companies listed on the Mongolian Stock Exchange

## References

[edit]

1. ^ a b c "Background Note: Mongolia". Bureau of East Asian and Pacific Affairs.
2. ^ Morris Rossabi; Vladimir Socor (May 5, 2005). "Beijing's growing politico-economic leverage over Ulaanbaatar". Jamestown. Jamestown Foundation. Retrieved 2013-06-28.

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