Five subsidiaries of MCS named “Entrepreneurs of 2024”
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  2024.12.27
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At the annual ‘Entrepreneur-2024’ ceremony hosted by the Mongolian National Chamber of Commerce and Industry, five subsidiaries of MCS Group were recognized for their outstanding contributions to Mongolia’s business landscape.
MCS Coca‑Cola LLC and Energy Resources LLC has been named as the “Best Entities of 2024” with each receiving the Silver Mercury award, while Unitel Group was awarded as the “Best Corporate Governance, Social Responsibility & Compliance Entrepreneur”, M bank JSC as the “ Best Banking Entrepreneur”, and Metagro LLC earned “Best Agriculture Entrepreneur” with each receiving the “Bronze Mercury” trophy.

MCS Coca‑Cola LLC introduced advanced, energy‑efficient equipments in 2024, and is rolling out a nationwide “World Without Waste” campaign aimed at reducing, reusing, and ultimately recycling 100 percent of its product packaging.

Energy Resources LLC continues to reliably provide 24‑hour electricity and purified drinking water to Tsogttsetsii soum, while also investing in multiple initiatives for supporting local education and healthcare, small and medium businesses, aiding herders, and has implemented numerous projects aimed at improving local and community infrastructure to boost regional development.

Unitel Group has expanded the number of its solar‑powered cellular towers by 2.5 times since 2021, with one in every six stations now running on renewable energy, avoiding roughly a thousand tonnes of CO2-eq emissions in 2024 alone. The company has also opened “UNITEL HUB” centers in 21 provinces to improve education access in rural communities, while also building over 70 drinking‑water ponds for wildlife to improve wildlife habitat.

Metagro LLC has established itself as a provider of high-quality agricultural products that meet international standards. In 2024, the company has newly commissioned its’ state of the art abattoir, while also reprocessing and composting organic waste from its operations to promote circular agriculture.

M bank JSC, Mongolia’s first fully digital “neobank”, was named the “Banking Entrepreneur of 2024”. The bank offers all services entirely online, eliminating the need for branch visits. In 2024, the company successfully launched its international payment solutions through its M Visa and M UnionPay cards.