As part of the government grant of the Cultural Heritage Preservation programme of the Federal Republic of Germany, and the “Uv Erdene”,  Cultural Heritage Grants programme of MCS Group and the Arts Council of Mongolia, the first ever “Arts Restoration Laboratory” of Mongolia has been successfully established at the National Art Gallery.

The German Federal Foreign Office provided 100,000 EUR in aid, whereas the “Uv Erdene” Cultural Heritage Grants programme provided financial support for developing the interior design and the construction work for the new laboratory.

The new laboratory is fully equipped with state-of-the-art tools, equipment, furniture and materials that meet international standards, enabling the laboratory to restore 300 artworks depicting Mongolian history, society, everyday life and natural themes.

In addition, to address the key factor of improving the capacity of human resources to sustain the operation of this laboratory, Ms Susanne Erhards has conducted the first stage of specialized training for two restorers, thus enabling the restorations of the paintings that meet the international standards.

In the spirit of the Naadam festival, we Mongolians have been celebrating our “State flag day” on 10^th of July, since 2009. In honour of the day, MCS Group has displayed the national flag of Mongolia, a symbol of our independence and sovereignty, on the top of Central Tower for the 11^th time. It is currently the largest national flag in Mongolia, with dimensions of 30 x 15 metres.

Ceremoniously raising and commemorating our state flag is an expression of our pride in our homeland, our people, our history, our traditions, and our independence.

63 participants of MCS Internship – a programme to support young, upcoming generation – received their certificate of completion today. Our interns have successfully completed this three-month programme, accumulating practical knowledge based on real-world experience, while attending personal development courses taught at MCS Academy, and participated in networking events at MCS Group.

All participants of the MCS Internship programme, who graduated this year have received full-time employment offer at MCS Group subsidiaries, and are now stepping into the working world. Furthermore, Human Resources department have noted that 14 participants graduating next year, are welcome to start their career at MCS Group the moment they graduate.

2021 was a year of hardship for the public sector and to the country as a whole, not only with the global COVID-19 pandemic continuing, but also due to fact that the unforeseen hardship, and required us to face the certain adversities.

Celebrating the enterprises for their contributions to the social and economic well-being based on five indicators, the “Top-100” award were presented to 10 of the subsidiaries of MCS Group, while taking the lead based on group company indicators.

MCS Group leads by example, by endeavoring to support domestic industries, drawing in national companies for our investments and major projects, while ensuring local entities to have opportunities for stable operations. For instance, the total value of MCS Group’s procurement in 2021 amounted to 1.5 trillion tugriks, with contribution to local businesses by procuring products and services worth 1 trillion MNT, from 3700 domestic companies, and 700 entrepreneurs.

In 2021, our subsidiaries, namely Energy Resources, Unitel Group, MCS Coca-Cola, Shangri-La Ulaanbaatar Hotel, Univision, MCS Property, Total Distribution, Uniservice Solution, MCS International, and International Medical Center were honoured with the “Top-100” awards.

MCS Group subsidiaries’ and ventures have paid 462 billion MNT in taxes last calendar year, out of accumulated total of over 3 trillion MNT in taxes over the last ten years.

With investments, we have striven to create stable working environment that we sustained during the economic downturn caused by the global pandemic, and currently employs 10 thousand employees, while providing 20 thousand job opportunities directly, as well as indirectly.

In line with our aim to comply with the sustainable development principles in our business operations and social responsibilities, we also value the importance of creating an influence to be environmentally friendly and to be beneficial to the society. As such, we implemented over 70 projects and programmes in 2021. Last year, MCS Group have spent a total of 27 billion MNT in social responsibility projects, of which goods, services, funds and donations worth 1.7 billion MNT were distributed to the organizations and individuals fighting against the COVID 19 pandemic.

All in all, we have contributed to our nation’s social and economic well-being by contributing 1.3 billion tugriks a day, or 38.5 billion MNT a month to taxes and fees, paid at least 20 billion a month in salaries and bonuses for our 10 thousand employees, and supported 4400 businesses by purchasing 83 billion MNT worth of goods and services, enabling 20 thousand indirect employments, and endeavour to fulfil our commitments to the social responsibility entirely.

Total Distribution, a subsidiary of MCS Group, on the occasion of its 15^th anniversary, has hosted this year’s 18^th annual MCS Group Volleyball championship on 7-8^th of May. With more than 400 athletes from 38 teams, each representing their companies, this year’s championship saw a fierce competition of might and speed.

In the men’s event, Unitel Group won the gold medal, while MCS International received silver, with Orchlon International School winning bronze medal. Meanwhile, the women’s event ended with Orchlon school winning gold, while Unitel and Energy Resources teams placed second and third, respectively. Ultimately, the volleyball championship cup of MCS Group was awarded to the team of Unitel Group for the 3^rd time.

Choglanamjil. E of MCS International team was distinguished as the “Best male setter player”, while Undrakh.E of MCS Property was awarded the “Best female setter player”. Furthermore, Altangerel. O of MCS Coca-Cola, and Dashmaa. O of Orchlon school team were awarded as the “Best all-round player”.

63 students have been selected for the MCS Internship-2022, a programme by MCS Group to promote and to contribute to their development, to create a skilled workforce, and to promote creative and ambitious youth. Our interns will not only acquire expertise, working with the leading experts in the country, they will also be able to attend personal development and mentorship trainings while expanding their network.

For this year’s annual internship programme, 582 students out of 621 total applicants have been selected for the second stage of the recruitment. Among the selected applicants, 283 of them have passed the problem-solving test portion of our selection process, a process of which all applicants are expected to take when applying to MCS Group, and advanced to the interview stages. Finally, after extensive interviews 63 students from 9 different academic majors have passed all stages.

“MCS Group have implemented numerous projects to contribute to the rapid development of the country, and to create more nurturing environment for our youth, in accordance with our mission “Introducing world standards”. This programme to develop the expertise of our youth, and to advance their skills, is a strong affirmation of our mission” Mr. Gantumur L, CEO of MCS Holding LLC noted during the commencement ceremony.

Our interns will be able to accumulate real-world experience that will prepare them on their professional career, working with the leading IT experts, business analysts, electrical engineers, while improving their team-work skills at 16 subsidiaries of MCS Group.

MCS Group have previously granted scholarships to over 300 students. Today, we are focused on preparing students for their professional careers, by creating opportunities to train, and develop real-world practical skills, while attending personal development courses taught at MCS Academy, as well as taking part in mentorship meetings, while expanding their network

Bolor D, Accounting intern at MCS Holding LLC

I made it my goal to work at MCS Group, and started applying since the December of 2021. Although I was panicking throughout the interviews, I am now extremely delighted to be selected for the programme.

I intend to work at MCS in the next ten years, applying my knowledge and skills I have been learning in university, with mission and vision of MCS group in mind. I am very impressed with the operations of a large corporate group.

Temuujin B, Mechanical engineering intern at MCS International LLC

I was in disbelief when I heard that I have been selected for the programme. I plan to apply my theoretical knowledge acquired from my university into real-world experience working with the leading engineers of Mongolia. I am confident that I will be able to call myself engineer at the end of this programme.

Ohinoo.E, Human Resources intern at Unitel Group

I am thrilled to have been selected for the MCS Internship 2022 programme. I believe that this programme is a great opportunity apply my learning to practice, while working at one of the biggest companies in Mongolia, during which I will be able to attend personal development trainings, and improve my grasp on the business environment. I like that the opportunities to be further employed at the company, while being remunerated on our contribution during our internship. Being offered to be intern at this world-class organization, I think it is one of the biggest milestone in my life, and believe it to be huge investment in my future.

MCS Group is now accepting applications from university students, for the opportunity to attend our paid internship programme. The programme will allow the students to establish their careers systematically, accumulating real-world work experience, and offer opportunities for personal development and deep-dive into corporate culture.

By participating in this programme, the interns will also improve their teamwork, and work with leading experts in their respective fields. Additionally, they will also have access to personal development courses at MCS Academy, and have seminars with guest mentors while expanding their network. The interns are also open to continue working at MCS Group after the conclusion of the programme.

We are also offering a chance for students studying abroad, by enabling certain internship positions in business administration and in IT for a full remote working possibility.

Best of luck to all students.

For more information: https://fb.me/e/4BEc2ZzpJ

Apply: https://anket.mcs.mn/

Registration: Until 17^th of January, 2022

Programme duration: From 8^th of April to 8^th of August, 2022

Selection process: Application -> Test -> Interview -> Start of programme

Contact us:

E-Mail: hrmanager@mcs.mn

Phone number: 7777 8833

A ceremony took place to hoist flags of top entities which were selected as the top enterprises based on their expansion of manufacturing and services; creation of jobs and vacancies; innovation, implementation of leading-edge technologies, and their contributions to the environment and their green policies.

MCS Coca-Cola and the Energy Resources LLC were selected as the top enterprises of 2021, and were presented with the silver Mercury award, with MCS International receiving the Bronze Mercury award, in their nominations as the “Best Developer”, and the “Best energy industry”. MCS Coca-Cola LLC has also received the Bronze Mercury award for being distinguished as the “Best Sustainable Industry Management Entrepreneur”.

Three subsidiaries of the MCS Group have received 2021 Entrepreneur awards. Given annually by the Mongolian National Chamber of Commerce and Industry, the Entrepreneur awards celebrate the best businesses, and enterprises of Mongolia, based on their contributions to the social and economic development.

From the Entrepreneur 2021 awards, Energy Resources and MCS Coca-Cola LLC were presented with Silver Mercury awards as the “Best entity of 2021”. Bronze Mercury awards recognized the MCS Coca-Cola as the “Best sustainable industry management” award, while MCS International was acknowledged as the “Best developer”, and “Best energy industry”.

Over the two years of global pandemic, with severely limited exports and imports, Energy Resource LLC has persevered by not only without any downsizing, but also increasing numbers of job vacancies by 429, and contributed to our economy with about 300 billion tugriks paid in tax. Meanwhile, the MCS Coca-Cola LLC has supported SMEs by purchasing over 300 types of goods from 117 companies as of the third quarter of 2021.

Energy Resources LLC has consistently been distinguished as the Top enterprise of Mongolia based on the amount of taxes paid and the contribution to the economy, and has contributed to the economic growth of Mongolia since the date of establishment. In accordance with its Corporate Social Responsibility (CSR) policies, Energy Resources LLC has implemented multiple projects, namely the “Heart Remembers” programme, working as the official sponsor of the national 3×3 basketball team, “Good Neighbour” programme, and the “Local education support” programme, collaborating with the local government, herders, civilians, and civil societies.

From 2020 to 2021, MCS Coca-Cola LLC has contributed over 760 million tugriks to environmental management, and green development, by implementing the first plastic recycling plant project in Mongolia, with pledge to reduce packaging weight, and recycle 100% of its packaging by 2030. MCS Coca-Cola has also been distinguished as the “Best sustainable industry management” award based on its commission of the gas-fired furnace, elimination of its use of raw coal, and implementing comprehensive programme to become eco-friendly enterprise.

MCS International has invested, and contributed immensely to the mining, and energy sector of Mongolia, with its contributions to reducing air pollution of Ulaanbaatar city. In the last two years, MCS International has procured goods and services worth 75.2 billion tugriks, and paid 18.6 billion tugriks in taxes, from 2020, till November 2021.

In accordance with the Sustainable Development Goals set by the United Nations, the subsidiaries of the MCS Group has implemented targets – based on their distinct operating sectors – preferring to invest in long-term sustainable projects, and to engrain the focus on the results and feedback.

For any start-up company to be a globally competitive company, well-established start-up ecosystem – a system to promote and encourage their growth, helping them scale in their various stages of development – is necessary.

MCS Ventures has successfully launched “MStars Academy” – IT developer training programme, and “MStars Hub” – start-up accelerator programme to establish start-up ecosystem in Mongolia.

“MStars Academy” – IT developer training programme

MStars Academy has commenced practice-based professional training programme on 11^th of November. The programme is aimed to create globally competitive IT professionals within short period of time.

By joining the six-month “Full Stack Developer” programme, you can learn about fundamental technology concepts, comprehensive web development, as well as attend additional classes in business, personal, and professional English language skills for your further career growth.

“Successful graduates of the academy will be able to attend internship, and further attain full term employment at MCS Group, its subsidiaries, or at upcoming tech start-ups,” Ganbold.R, the Chairman of Board of Directors at Unitel Group, and the founder of the MStars Academy noted.

“MStars Hub”-Start-up accelerator programme

Of the 160 start-ups of 36 business sectors who attended the selection process, 11 start-ups have been selected on 6^th of October, to have their start-up progress accelerated.

The start-ups chosen for the accelerator programme offer technology solutions that save consumers’ time by simplifying their day-to-day tasks.

These start-ups will have following opportunities during their 5 month programme:

• Attend masterclasses that helps them determine their business model accurately, and develop their expertise
• Provided with complimentary cosy office space
• Connect with investors and partner organisations
• Receive advice from best global and domestic mentors
• Secure a grant of 15-30 million tugriks.

Although the participants at MStars Academy and start-ups at MStars Hub are unrelated projects with differing sector and operation, they have opportunity to grow their acquaintances, build networks, and further secure future developers at their startup, while the developers can identify their future employers.

MCS Ventures – Promoting start-up ecosystem

Myagmarjav.G, CEO at MCS Ventures, remarked that, start-up companies participating in the accelerator programme of MStars Hub will be able to secure investment, while the successful graduates of MStars Academy were invited to work at technology companies of MCS Group, and venture backed companies of MCS Ventures.

Top Motors, the new authorized dealership of the world leading “Toyota Motor Corporation” has commenced its operation of “Toyota Center” on 15^th of September, and is now open for business to the Mongolian market. Top Motors, the subsidiary of the MCS Group, offers maintenance and repair services, and sales of spare automobile parts to all Toyota brand cars in Mongolia, with high regards to global Toyota standards.

“Toyota – Top Motors Centre” is equipped with the state-of-the-art diagnostic and maintenance equipment, as well as automatic car wash tunnel, and has a capability to serve 20 vehicles at a time. With regards to customer comfort, the dealership is also equipped with a “La Parisienne” coffee shop, play area for kids furnished with cognitive-development toys, and compelling library, business lounge with high speed Wi-Fi, and a comfortable waiting area.

Engineers and technicians at Top Motors will be providing high quality service to all Toyota cars in Mongolia, old or new, and will strive to be their lifelong advisor and assistant.

We offer the following services to all Toyota users:

• Sales consulting of OEM parts
• Ordinary repair and maintenance plans
• Scheduled maintenance services
• Routine car maintenance schedule based on mileage
• Vehicle diagnostics
• Wheel alignment
• Car wash service
• Auto body repair and detailing (coming soon)

/Click on the photo to zoom/

Address: Bayangol District, 10^th micro-district, west of Pharmacy No.25, Enkhtaivan Avenue.

Operating hours: Monday – Sunday 09:00 – 18:00

Contact: 7777-8090

www.facebook.com/ToyotaTopMotors/

Odjargal J. Chairman of the Board of Directors at MCS Group have attended the Investment Forum held at Governments Palace, and expressed his opinions.

He stated that “Many of us here have been in the business sector for over 20 years. National enterprises aim to operate by maintaining companies in multiple sectors, contributing to their national economy. I would like to take this opportunity given to express our opinions on strengthening, and growing our national economy, to state that our economy is heavily reliant on copper, gold, coal, as well as iron ore, zinc exports. I am pleased to hear that the Prime Minister would be focusing on promoting export, and facilitating investments as he stated earlier. I would like to add that the copper and gold contribute to over two billion in exports, and their exports can be increased only by advancing Oyu Tolgoi, Gachuurt, and Tsagaan Suvarga projects. As for iron ore, their exports are frequently interrupted due to Ulaanbaatar Railway, or due to Zamiin-Uud port, which subsequently became the main culprit of its exports. Therefore, iron ore exports can be improved by commissioning the Zuunbayan-Khangi railroad”.

He further added that, “We all know that export of coal is a major issue. Coal exports have potential to be improved by 3 to 4 billion USD annualy, by urgently resolving the logistics of Gashuun Sukhait – Shivee Khuren port. Coal export currently constitutes of little over 2 billion USD in exports, while the price of coal is currently at its peak. By using the current prices as an estimate, export of coal has a potential to expand by over 3 to 4 billion USD in 2023 or in 2024, if we manage to sort out the issues with the Gashuun Sukhait railway project.

As the export expands rapidly, we can also increase our debt ceiling. If we can boost exports by 3 to 4 billion USD by 2023, the debt ceiling capped at 60 percent will be increased proportionally. Subsequently, I want to government to note that we will have increased potential to issue a bond, and to finance critical infrastructure projects”

“Tourism and Agriculture are one of the leading sectors for exports. I understand that the government will be promoting these sectors with structural reforms. Ironing out the financing of commerce and exports is essential, as I understand that the Development Bank of Mongolia is going to be revamped into an EXIM bank. Guarantee from the government is critical in regards to the mega projects. Guarantee is a complicated matter for the private sector, as it is highly politicized. Nevertheless, please note that the guarantee from the government and the Development bank is essential, requiring unique solutions when discussing about public-private partnership. I am glad to hear that the private sector and the heads of state will be collaborating, with the state providing one-stop solutions for economic growth,” he noted.

We Mongolians annually celebrate our State flag day on the 10^th of July, ahead of our Naadam festival. It has now become a tradition of our MCS Group to celebrate the State Flag day by displaying our national flag on the top of the Central Tower, located in the heart of our capital city. For the honoured celebration of the 2230^th Anniversary of the Mongolia’s First Statehood, the 815^th Anniversary of the Great Mongol Empire, the 100^th Anniversary of the People’s Revolution, and the National Naadam Festival, we have displayed the 30m x 15m state flag, on the top of the Central Tower.

Ceremoniously raising and commemorating our state flag is the expression of our pride in Mongolian homeland, our people, our history, our traditions, and our independence.

2020 was the year of hardship for the public sector and to the country as a whole, due to the global COVID 19 pandemic. Nevertheless, the Government of Mongolia and the Mongolian National Chamber of Commerce and Industry have announced the TOP-100 enterprises of 2020 for their contributions to the social wellbeing, and economic development. Based on a 2020 report by the joint committee of the Ministry of Finance, the Customs General Administration, General Department of Taxation, SIGO, The National Statistics Committee and the Mongolian National Chamber of Commerce and Industry (MNCCI), 8 subsidiaries of MCS Group have been recognized as the top enterprises, while ranking second a group company.

MCS Group’s subsidiaries, namely Energy Resources, MCS Holding, Unitel, MCS Coca-Cola, MCS Property, Univision, Total Distribution, Uniservice Solution have been awarded based on our genuine contributions to the socio-economic development of Mongolia.

MCS group subsidiaries’ and ventures have cumulated total of 3 trillion MNT in taxes over the last ten years, 444 billion MNT of which paid in the last calendar year.

As well as pioneering the progress in the public sector, MCS Group also strives to support national companies by nurturing a sustainable economic environment with every investment and development opportunities. With 1.4 trillion MNT in procurement of goods and services in 2020, 1.1 trillion were procured locally, supporting 3000 suppliers and 527 individuals.

With investments, we have strived to create stable working environment that we sustained during the economic downturn caused by the global pandemic, and currently employs 10 thousand employees, while providing 20 thousand job opportunities directly, as well as indirectly.

In line with our aim to comply with the sustainable development principles in our business operations and social responsibilities, we also value the importance of creating an influence to be environmentally friendly and to be beneficial to the society. As such, we implemented 101 projects and programmes in 2020. Last year, MCS Group have spent a total of 14 billion MNT in social responsibility projects, of which 600 million MNT worth of goods, services, funds and donations were distributed to the organizations and individuals fighting against the COVID 19 pandemic.

All in all, we have contributed to our nation’s social and economic wellbeing by contributing 1.2 billion tugriks a day, or 37 billion MNT a month to taxes and fees, paid total of 20 billion a month in salaries and bonuses for our 10 thousand employees, and supported 3000 businesses by purchasing 100 billion MNT worth of goods and services, enabling 20 thousand indirect employments, and endeavour to fulfil our commitments to the social responsibility entirely.

To accelerate the digital transformation and cloud services integration of the MCS Group, and to assist the digital mindset and skills of our employees to facilitate numerous citizen developers, we have organised the “Microsoft Power” platform competition, and acknowledged the top contenders. Our selection criteria for the outstanding developers included the “Best application made with Power Apps”, and the “Best dashboard made with Power BI” awards.

Our employees participated with projects that streamlines the daily functions such as reporting, and automate approval processes, and exchanged their expertise about digital innovation taking place in their respective companies. The top contenders were selected by IT Board of Directors at MCS Group.

From 29 teams of 11 companies, participating with 54 different projects, Bekhbold.N, Manager of Geodesy at MCS Property has been distinguished on both competitions, and been awarded with trophy and the certificate of award.

“Best dashboard made with Power BI” awards were presented to Otgonbayar.B, Sales Analyst at Anungoo with second place, and Bilguun.N, Data Analyst at MCS Property, who placed third were awarded with MCS Coins and certificate of award.

Tied with the third place, awards were presented to Ariunsanaa.B, Director of Procurement and Risk Management, Manager, Tsolmongerel.N, Manager of Procurement and Risk Management, Chinzorig.G, Information Technology Supervisor at MCS Holding.

“Best application made with Power Apps” awards were presented to Minjin.Z, HR Specialist at Unitel with second place, and Myanganbuu.B, Training and Supervision Specialist at Unitel Group, and Ankh-Uchral.E, HR Supervisor, Delegpil.G, IT Engineer, and Lkhagvadulam.P, HR Manager at MCS Coca-Cola placing third.

IT Department at MCS Holding have regularly coordinated structured internal trainings to increase adoption of Microsoft Office 365 and the Power Platform, to promote digital thinking, and skills of our employees, and to improve business processes’ automation. Accordingly, 179 employees have received training on “Power Apps”, while 60 employees attended our “Power BI” courses last year, and were awarded the best trainees with MCS Coin.

Chairman of the board of directors of MCS Group Odjargal. J calls for action on tackling the COVID-19 pandemic. He noted that “Economy of Mongolia is dependent on weather and seasonal cycles and has few active economic months. Imposing hard lockdowns as spring approaches – when backbone industries of Mongolia such as mining, construction, agriculture, and textile industries starts to ramp up – could disrupt the economy more severely than winter lockdowns. Therefore, it is important that entities and businesses alike to be highly responsible on following prevention guidelines, as well as continuing their business operations without interruptions. This could prevent the already devastated economy from deeper recession. We can see that the government has introduced new bill worth 10 trillion tugriks to support the economy. With proper management and responsibility, it is possible to overcome the pandemic with minimal losses. To prevent business interruptions and to promote economic activity, it is vital that we strictly follow the preventative measures.”

MCS Coca-Cola has fully decommissioned the coal furnace and have introduced gas-fired steam boilers.

We have become the first food manufacturing plant in Mongolia to introduce emission free, innovative engineering solution.

MCS Coca-Cola company have passed important milestone of the climate protection goals by eliminating 7000 tons of raw coal burned annually. In 2010, we also financed and commissioned water treatment facility, which supplies disposable greywater to central wastewater treatment plant of Ulaanbaatar.

Myagmarjav, L, CEO of MCS Coca-Cola noted that “The project enables us to adhere to the Government of Mongolia resolution no. 43 on ‘Actions to reduce air pollution’, resolution no. 62 on ‘Ban of burning raw coal’, and the decree of the mayor of Ulaanbaatar no. A/1377 on ‘Ban of burning raw coal in low pressure furnaces’ on a corporate level”.

With this joint project with the MCS International company, the MCS Coca-Cola commissioned 8 boilers from Japanese NTEC and 4 gas boiler furnaces from Korean “Daeyeol” company.

Running on liquified natural gas, these innovative furnaces include substructures, with fully autonomous controls. Due to the fact that the implementation and testing of the machinery took place during global lockdown, the executives of these organizations agreed to test the equipment remotely in virtual environment, which challenged Mongolian engineers’ skills, and introduced timesaving, advanced procedure.

Gantumur T, General Manager of Ulaanbaatar City has praised the project that “it will be role model for factories and entities currently using coal burners and not connected to central heating system.”

This project is an excellent example of MCS Coca-Cola LLC promoting social and environmental welfare and is committed to accomplishing the sustainable development principles.

Ulaanbaatar, Mongolia, December 18, 2020

A new investment will help a diversified conglomerate in Mongolia sustain jobs, enhance operations, and continue expansion in the country amid the COVID-19 pandemic, supporting more than 10,000 employees and thousands of its small and medium suppliers.

IFC, a member of the World Bank Group, is providing a new loan of $130 million to MCS Group, as part of its strategic efforts to boost the resilience of businesses impacted by the pandemic, with a long-term financing to help strengthen MCS’s capital structure.

“This new funding will help us improve our financial position and safeguard our workforce,” said Gantumur Lingov, CEO of MCS Holding LLC. “It will further enable us to continue providing quality services and goods to the Mongolian people during these unprecedented times. IFC is one of MCS’s first foreign lenders and has been our strong supporter in the past decade.”

MCS Group has more than 20 subsidiaries operating in sub-industries including information and communications technology, consumer goods and services, mining, engineering and infrastructure, real estate, healthcare, and tourism. One of the largest employers in Mongolia, MCS provides around 10,000 jobs and works with more than 20,000 individuals and local businesses who are its customers and suppliers. MCS also makes annual purchases of more than $450 million from more than 3,500 domestic suppliers, many of which are SMEs.

“With Mongolia’s economy continuing to be impacted by the COVID-19 pandemic, it’s essential to find ways to address both short and long-term financing needs of its businesses,” said Rufat Alimardanov, IFC’s Resident Representative for Mongolia. “Supporting a systemically important business also signals our strong commitment to contributing to Mongolia’s resilient recovery in these challenging times.”

About MCS Group

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. For more information, visit us at www.mcs.mn.

About IFC

IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2020, we invested $22 billion in private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org

Media Contacts

MCS         

Media and press office
Solongo.b@mcs.mn
+976 77778833

IFC

Jing Yu
Phone: +86 10 5860 3062
E-mail: jyu1@ifc.org

MCS Group has been earnestly engaged in goodwill initiatives to support those who fighting the pandemic on the frontlines, specially after the state of public preparedness declared by the government has extended their hours of operations. A fundraising campaign under the motto #BeStrong was launched by MCS Group aiming to support essential frontline workers amid the pandemic. Namely,

-MNT100 million was donated to National Center for Communicable Diseases (NCCD) to provide the health workers with immune support supplements as well as to finance procurement of essential equipment;

-MNT155 million worth goods and services were donated by Unitel Group to the Ministry of Health, NCCD, National Emergency Management Agency, General Police, and Special Commissions of 21 provinces to provide with smooth communication means;

-MNT28 million worth beverages were donated by MCS Coca-Cola LLC to the Special Commission staff of 21 provinces, on top of which Total Distribution LLC has added MNT11.2 million worth goods and services.

-MNT22.5 million worth 1,500 rapid tests were donated by Energy Resources LLC to the Special Commission of Tsogttsetsii, Bayan-Ovoo, Tsogt-Ovoo, Khankhongor and Khanbogd soums in Umnugovi aimag as part of its social responsibility.

Besides donations by the companies, employees of MCS Holding LLC have raised funding to provide 90 vulnerable households of Bayanzurkh district with food and fuel through a well established NGO, Bodizul.

Since the community spread of COVID-19 MCS Group’s companies have donated over MNT320 million making the total amount donated since the outbreak over MNT580 million.

The 1.1 billion MNT-worth Choijin Lama Temple Museum’s Landscaping Project was implemented in 2019-2020 under the Cultural Treasure Grants Programme of the Arts Council of Mongolia (ACM). The project aimed at converting this cultural and religious heritage site into a multifunctional venue for cultural events and a new recreational place for the capital city residents.

“The Choijin Lama Temple Complex Preservation Project is a fruitful collaboration between non-government, state and private organizations on conservation of an important heritage site located in the heart of Ulaanbaatar. The Project brought in a highly skilled local and international technical expertise and attracted considerable funding for the restoration of this historic site,” notes the ACM Chairman, Jantsannorov Natsag.

One of Mongolia’s leading businesses, the MCS Group provided funding for the Project through “Cultural Treasure” Grants Programme. The ACM implemented the Project together with the Ministry of Culture, National Center for Cultural Heritage and local and international historic sites preservation experts.

Since 2019, the MCS’s “Cultural Treasure” Programme supported seven conservation projects with total of 1.7 billion MNT of funding. Namely:

• Impact study and needs assessment of Bogd Khaan Palace Museum
• Bringing international expertise (USA) for the assessment of the Choijin Lama Temple Complex’s construction structure & development of a conservation management plan
• Construction diagnostics and capacity building training for Mongolian historic sites preservation experts
• Amarbayasgalant monastery’s conservation project: cleaning biological contamination from buildings’ surfaces
• Developed Augmented reality digital content of Zanabazar fine arts museum & Choijin lama temple museum
• Landscaping of Choijin Lama Temple Museum: renovation of 1600 sq. metres pathway, setting up a parking lot, installation of exterior lights, planting of 3000 trees & greening the area of 8500 sq. metres
• Developing a restoration drawing of the Yadam Temple & the Middle Gate at the Choijin Lama Temple Complex

In 2020 the Choijin Lama Temple Museum was nominated by World Monuments Fund as one of 25 iconic and monumental sites of great historical significance and contemporary social impact. As a result, the ACM and the WMW Fund have successfully secured funding from the 2020 Ambassador’s Fund for Cultural Preservation for the restoration of the Yadam Temple, one of central constructions in the Choijin Lama Temple Museum Complex.