Press Releases

Fifteen AmCham Mongolia Members Named Among TOP 100 Enterprises in Mongolia

ULAANBAATAR, Mongolia – Fifteen AmCham Mongolia members were recognized by the Government of Mongolia and Mongolian National Chamber of Commerce and Industry (MNCCI) for being among the TOP 100 Enterprises of Mongolia at the 16th TOP 100 Enterprises Award Ceremony held on April 27, 2017.

AmCham Mongolia would like to applaud and congratulate the members below who were named some of the TOP 100 Enterprises in Mongolia:

  1. Oyu Tolgoi (2nd place)
  2. Khan Bank (3rd place)
  3. Trade and Development Bank of Mongolia (4th place)
  4. Xac Bank (6th place)
  5. APU Company (7th place)
  6. State Bank (8th place)
  7. Golomt Bank (9th place)
  8. MT Group (19th place)
  9. MCS Holding (38th place – ranked 1st as a group with 11 subsidiaries on the list)
  10. Transwest Mongolia (58th place)
  11. Monpolymet Group (73rd place)
  12. G-Mobile LLC (76th place)
  13. Shangri-La Ulaanbaatar (91st place)
  14. Gatsuurt LLC (95th place)
  15. MSM Group (99th place)

The finalists for the TOP 100 were evaluated and selected based on the number of their employees, assets, profits, total income, and taxes paid to the state. They were selected by a  working group comprised of representatives from Mongolia’s Ministry of Finance, the General Department of Taxation, Customs General Administration, Social Insurance General Office, General Agency for Intellectual Property and State Registration, and the National Statistics Office.

About AmCham Mongolia

AmCham Mongolia is an independent membership-driven organization that seeks to build, strengthen, and protect business between the United States and Mongolia, and to actively promote Mongolia as a destination for American investment. AmCham Mongolia is the official local office of the U.S. Chamber of Commerce, the largest business federation in the world with over 3 million member companies. AmCham Mongolia is also a member of the Asia-Pacific Council of the American Chamber of Commerce, consisting of 29 American Chambers of Commerce in the Asia-Pacific region.