Bogd Bank

Bogd Bank is Mongolia's first new bank of the millennium, founded in 2014 by the Luvsanvandan family and became the first publicly listed bank on the Mongolian Stock Exchange in December 2021.

Erdene Resource Development Corporation

ERDN

Erdene Resource Development Corporation is a Canadian-based geology and exploration company founded in 2000 that listed on the Mongolian Stock Exchange in April 2018. The company, led by CEO Peter Ake

Golomt Bank

GLMT

Golomt Bank was established on 6 March 1995 as a subsidiary of Bodi International LLC, a major player in Mongolia's social and economic sector. It is the second-largest bank in Mongolia by total assets, serving 1.2 million customers through 107 branches.

Invescore NBFI

INV

Invescore NBFI JSC is a Mongolian non-bank financial institution founded in 2016 and listed on the Mongolian Stock Exchange in May 2019. Led by CEO Dalaijamts Bayasgalan and headquartered in Ulaanbaat

Khan Bank

KHAN

Khan Bank JSC is a Mongolian financial services company founded in 1991 and listed on the Mongolian Stock Exchange in September 2022. Headquartered in Ulaanbaatar's Khan-Uul District, the bank is led

LendMN

LEND

LendMN is a Mongolian non-bank financial institution founded in 2016 and listed on the Mongolian Stock Exchange in March 2018. Led by CEO Tserendorj Uuganbayar, the company operates from Sukhbaatar Di

MMS Engineering LLC (MMSE)

MMS Engineering LLC is a professional engineering solution provider and electrical and mechanical contractor. They provide EPCM model services across five major sectors of the economy, in compliance with global project management standards.

Mongolian Stock Exchange

MSE

Established in 1991 by government degree, the Mongolian Stock Exchange (MSE) serves as the country's principal platform for securities and mining commodities trading. Originally created to facilitate Mongolia's post-transition privatization program, MSE has since evolved into a cornerstone of the national capital market. A landmark strategic partnership with the London Stock Exchange Group in 2011 accelerated the adoption of international-standard trading infrastructure and technology. This modernization culminated in FTSE Russell's classification as a "Frontier Market" in 2023, a milestone signaling growing institutional credibility and accessibility to global investors. Today, the MSE is mandated to ensure market transparency, uphold listed company oversight, and safeguard investor interests, positioning it as a critical gateway to one of Asia's last underpenetrated frontier economies.

Monlogistics Holding

MLG

Monlogistics Holding JSC is a transportation and logistics company founded in 2018 and listed on the Mongolian Stock Exchange in June 2022. Led by CEO Ganzorigt Khishigbat, the company is headquartere

Stairway

Stairway LLC is a 100% nationally owned engineering, project delivery, and industrial fabrication company based in Mongolia. Established in 2011, the firm specializes in providing high-performance engineering solutions, mechanical and structural steel fabrication, corrosion prevention and control (CPC), and specialized protective industrial coatings. Stairway has built a powerful operational footprint in the South Gobi region, performing critical infrastructure maintenance and equipment installation for world-class mega-mining operations, most notably the Oyu Tolgoi copper-gold mine. The company excels at designing systems tailored for extreme and remote environments, including heavy dust control, air filtration, and pressurized environmental systems through strategic alliances with international tech partners.

Steppe Gold Ltd

STEP

Steppe Gold Ltd. engages in operating, developing, exploring, and acquiring precious metal projects in Mongolia and Peru, with its flagship project being the wholly owned Altan Tsagaan Ovoo property covering roughly 5,492 hectares in Ulaanbaatar, Mongolia. The company also holds the Boroo and Ulaanbulag mine property, spanning about 6,594 hectares in Mongolia, and is exploring the Uudam Khundii gold project covering 14,400 hectares in Bayankhongor province. Headquartered in Ulaanbaatar with a Toronto office, it's run by CEO Bataa Tumur-Ochir, and reported 2025 revenue of $254.1M (up 43% YoY) with net income of $32.7M

50 MW solar power plant with battery storage in Dundgovi province, with feasibility complete and core licenses secured.

Altan Joloo Group, established in 1992, is a Mongolian conglomerate with diverse business interests spanning trade, service, food production, and construction. The company operates multiple subsidiaries engaged in import-export activities, logistics, transportation, hospitality services, and retail operations.

Altan Taria was founded in 1959 as a state-owned flour mill and was fully privatized in 1997. The company operates flour production, grain processing, noodle production, animal feed production, pig farming, and meat butchery and processing.

Altangadas Trade LLC was established in 1996 as a foreign and domestic trading company that exports and imports various goods including food, cosmetics, machinery, and construction tools.

APU Dairy LLC is Mongolia's second largest dairy producer, established in 2006 and operating as a 100% subsidiary of APU LLC since 2017. The company develops, produces, and markets dairy products through approximately 4,700 sales points in Ulaanbaatar and 4,000 in rural provinces.

APU Trading LLC is the exclusive distributor and sales arm of APU JSC, responsible for sales and distribution of APU group company products across 21 provinces and over 50 districts, serving more than 7,500 retail and service points nationwide.

Aspire Mining Limited is an ASX-listed exploration and development company focused on discovering and developing premium coking coal deposits in Mongolia. The company owns a 100% interest in the Ovoot Coking Coal Project, a 90% interest in the Nuurstei Coking Coal Project, and a 100% interest in the Myangan Coal Project.

Barloworld Mongolia LLC is the Official Dealer for Caterpillar Inc in Mongolia, selling and renting Caterpillar machines for mining, construction, infrastructure, and energy sectors. The company is a 100% South African invested private company providing products and support services to the Mining, Road, Construction, Infrastructure, and Energy sectors.

A 100% Mongolian-owned mining company that has been conducting extraction operations since 2018.

Bayan Airag Exploration LLC is a mining company operating a gold and silver mine in Durvuljin soum, Zavkhan province, the first mine established in that province. Production commenced in 2014.

27,979-hectare licensed exploration area in Southwestern Mongolia with multiple targets (Copper Hill, Ulaan Tolgoi, Del Khad, Altan Tal, UST, Tourmaline Pipe, Dush Uul, Khar Ovoo), adjacent to Erdene Resource Development's Bayan Khundii project

Fluorite exploration project in eastern Mongolia

Bluefin Catering LLC is a catering service provider in Ulaanbaatar, Mongolia that manages food production, laundry, cleaning, and maintenance services for mining camps and operates branch restaurants. The company has managed food services for the Zaisan Hill complex event hall since 2018.

Since its founding in 2000, Bluemon Group has grown into one of Mongolia's leading diversified conglomerates with a portfolio including food and beverage brands such as Tse Pub, The Bull Hot Pot, Sura, and Shulundu, alongside exclusive retail partnerships with global brands including Nike, Converse, Vans, Fila, and The North Face, and franchise partnerships for Pepper Lunch and Dessert39.

Bodi International LLC was founded in 1993 as one of the first private enterprises in Ulaanbaatar, Mongolia, and has grown into a diversified group company with operations in infrastructure, construction, travel, banking, investment, and insurance.

Boldtumur Yeruu Gol LLC is Mongolia's first private iron ore mining company, engaged in iron ore exploration, production, and exports. The company has invested in the construction of two private railways exceeding 100 kilometres each and operates with over 1,500 employees.

Boroo Gold LLC is a gold mining company operating the Boroo and Ulaanbulag mines in Selenge Province, Mongolia. As of August 2024, it is a wholly-owned subsidiary of Steppe Gold Ltd.

Building Maintenance Services LLC is a Mongolian company operating in building maintenance and construction-related services with approximately 980 employees.

A silver-polymetallic project consisting of skarn and metasomatic replacement orebodies with a defined resource in Zinc, Lead, and Silver.

[Regulator] Government body — schema needs GOVERNMENT_BODY enum value. Currently classified as PRIVATE_COMPANY as workaround.

COAL LLC is a Mongolian mining company engaged in mineral deposit exploration and sustainable mining operations since 2008, recognized as a TOP-100 business entity by the Mongolian Government and the Mongolian National Chamber of Commerce and Industry.

Nomin Tav Trade is the largest national retail network with 64 branch stores operating across Mongolia. The company became the first officially certified company in the trade and service industry in Mongolia under ISO standards in May 2017.

Dashnyam Partners LLC

A full-service law firm providing comprehensive legal support across all areas of commercial transactions, with specialized expertise in Finance & Capital Markets, Commerce, and Real Estate. We advise both local businesses and foreign investors entering or operating in Mongolia on contract negotiation and drafting, corporate structuring, mergers and acquisitions, regulatory compliance, financing arrangements, property transactions, and dispute resolution. With deep industry knowledge and a client-focused approach, we deliver practical, strategic solutions that help clients navigate complex deals and achieve their business goals.

Development Bank of Mongolia is a state-owned, policy-oriented development financial institution established to foster economic and infrastructure development by providing long-term financing for policy-oriented projects consistent with the Government's macroeconomic development strategy.