Introduction

Set up in 1993 as an energy consultancy during Mongolia’s transition from socialism to democracy, MCS operates businesses in many sectors which are vital for increasing Mongolia’s economic growth. Today, MCS is one of the largest business conglomerates in Mongolia, operating leading companies in engineering, energy, communication, property, mining, FMCG, health and hospitality.

In 2024, MCS Group’s subsidiaries and affiliated investment companies contributed a total of 1.3 trillion MNT in taxes and social insurance payments to the state budget. MCS contributes to Mongolia’s ongoing economic development by spending over 3.6 billion MNT in taxes and social insurance to the state budget daily—totaling more than 108 billion MNT each month. The Group also pays 58 billion MNT in monthly salaries to its 14,000 employees and purchases goods, services, and works worth 258 billion MNT each month from over 8,700 local businesses.

Through these operations, MCS Group indirectly supports stable employment for an additional 20,000 people, enabling at least 20 billion MNT in monthly salaries.

MCS is committed to further developing and enriching the economy and the nation through its pursuit of responsible corporate excellence and progressive technology. As our family of companies expand, we will ensure our growth benefits the communities we operate in and we will continue to implement our mission of introducing world standards.

Set up in 1993 as an energy consultancy during Mongolia’s transition from socialism to democracy, MCS operates businesses in many sectors which are vital for increasing Mongolia’s economic growth. Today, MCS is one of the largest business conglomerates in Mongolia, operating leading companies in engineering, energy, communication, property, mining, FMCG, health and hospitality. Read more

MCS contributes to Mongolia’s ongoing economic development by spending 43 billion MNT a month on 13,000 staff salaries and 185 billion MNT a month on purchasing goods and services from domestic businesses. MCS pays 80 billion MNT in tax every month.

MCS is committed to further developing and enriching the economy and the nation through its pursuit of responsible corporate excellence and progressive technology. As our family of companies expand, we will ensure our growth benefits the communities we operate in and we will continue to implement our mission of introducing world standards.

1993

Started out as an energy sector consultant

Employs

14,000

full-time staff

Created more than

30,000+

jobs directly and indirectly

In 2024, MCS Group purchased more than

4.5

trillion worth of goods and services

Purchased from national suppliers

3.1

trillion worth of goods and services

In 2023, MCS Holding LLC and its subsidiaries invested more than

987

billion MNT in the Mongolian economy

Tax
2020
444 billion MNT
2021
462 billion MNT
2022
722 billion MNT
2023
966 billion MNT
2024
1.3 trillion MNT
Taxes paid by MCS Group in the last ten years: 5.7 trillion MNT

Sales
2020
2.6 trillion MNT
2021
2.1 trillion MNT
2022
3.8 trillion MNT
2023
6.3 trillion MNT
2024
7.2 trillion MNT