| EuroChamber participated in the EU-funded Science-based Development Partnership Forum as a moderator and analyst |
| This week Ms. Zandan Bilegt, CEO EuroChamber Mongolia, participated in the annual EBO Worldwide Network (EBO-WWN) conference and met with top European Commission officials from 45 European Business Organisations (EBOs) for the annual EBO Worldwide Network (EBO-WWN) meeting in Brussels.
EBO-WWN is a global network of 55 European business organisations that amplify European businesses' voice in policy-making and foster cross-border economic partnerships. |
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Health Working Group meeting
On June 7th, 2024, EuroChamber's Health Working Group convened to discuss the importance of ISO standards in the Mongolian healthcare system. During his presentation, Mr. Erdembileg, the Chair of the Health Working Group and CEO of SOS Medica International, highlighted how the introduction of ISO standards can help address the existing challenges in the country's healthcare system. Additionally, the working group discussed potential topics for future meetings and planned activities for the rest of the year. Special thanks to Bogd Bank for providing meeting space for the working group.
See more photos click here. |
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In partnership with Invest Northern Ireland and the Investment and Trade Agency of Mongolia, EuroChamber Mongolia organized the "Trade and Investment Opportunities in Mongolia" event on June 6th, 2024, at the conference room of the Investment and Trade Agency of Mongolia. During the event, Mr. Richard Seymore, Regional Director of Trade and Investment at Invest Northern Ireland, highlighted business opportunities in Northern Ireland. Additionally, Ms. L. Byambakhand, Policy Director at EuroChamber Mongolia, presented the preliminary results of the Chamber's "Trade and Investment Climate Statement 2024," which has been a regular publication since 2023.
A key highlight of the event was the panel discussion featuring Mr. Kato, CEO of Golomt Bank; Ms. Soyol-Erdene Byambaa, Chair of EuroChamber's Food and Beverage Working Group and VP of MSM Group LLC; and Mr. Erdembileg Tsedev, EuroChamber's Health Working Group Chair and CEO of SOS Medica International. They shared their perspectives on the opportunities and challenges of doing business in Mongolia. The panel discussion was moderated by Mr. Dan Mahoney, CEO of MahoneyLiotta LLC, and was followed by a Q&A session.
See more photosclick read more button next. |
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Join us for a cosy evening of Wine & Jazz at our joint event of French Mongolian Chamber of Commerce and Industry (FMCCI), Alliance Française and EuroChamber Mongolia. Note that we now have very limited seats, this is your last chance to register the tickets.
Immerse yourself in the smooth sounds of live jazz music while sipping on a selection of exquisite French wines. We are happy to organise this years’ Wine & Spirit in celebration of World music Day. Indulge in delicious hors d'oeuvres and cheese and mingle with fellow wine and jazz enthusiasts as we celebrate the art of French culture. |
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| After German Minister of Transport and Digitalisation Dr.Wissing's official state visit to Mongolia we are cooperating with the Ministry of Road, Transport and Development (MRTD) of Mongolia to organize Webinar No.2.
DATE: June 12, 2024 from 09:00 - 10:00 AM German time via Zoom (online) Mongolian time: June 12, 2024 from 15:00 - 16:00 PM (online) LANGUAGE: Simultaneous translation German-Mongolian REGISTRATION: Participation in the event is free of charge.
AGENDA: - Welcome - Development/capacity expansion of the connection to Europe: Mr. Bolor Erdene B., Ministry of Transport and Road Construction - Sustainable transport by rail and the impact of sanctions on this transport solution: Mr. Gleb Shilov, DB Cargo - Offers of the IHKs on sanctions - example of the IHK Karlsruhe: Ms. Susanne Kant, IHK Karlsruhe - Discussion round
Registration: |
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| On June 4, 2024, a fire broke out yesterday in the factory building of "Bayan Shuvuu" LLC located in Chandmani bag, Bayanchandmani soum, Tuv Province, and about 40% of all laying hens were affected.
In particular, an emergency call was received at 04:52, and the 26th firefighting and rescue unit of Songinokhairkhan district, the 18th unit of Bayangol district emergency department, and the 84th unit in Batsumber soum of Tuv Province worked at the site.
When firefighters arrived, the 18x110-meter sandwich building of the factory was on fire, and the fire was completely extinguished at 2:20 PM.
Source: gogo.mn |
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The value of the Mongolian stock market reached MNT 11.8 trillion in the first quarter of 2024, equivalent to 17.1 percent of Mongolian GDP.
In the first quarter of 2024, MNT 128.48 billion stocks were traded, an increase of 2.45 times compared to the same period of 2023. The value of stocks traded was MNT 8.9 billion in the primary stock market and MNT 119.58 billion in the secondary market. The top 30 traded company stocks were worth MNT 118.76 billion.
The top 10 traded company stocks are: - “Gobi” JSC 67.89 billion
- “Khan Bank” JSC 8.75 billion
- “Bogd Bank” JSC 6.12 billion
- “Golomt Bank” JSC 4.7 billion
- “Trade Development Bank” JSC 3.23 billion
- “Khas Bank” JSC 3.11 billion
- “APU” JSC 2.84 billion
- “Gazar Shim Uildver” JSC 2.7 billion
- “Ard Financial Group” JSC 2.53 billion
- “Invescore Nonbank Financial Institution” JSC 2.5 billion
On the Mining Products Exchange, 5.22 million tons of coal were traded for MNT 2.38 trillion in 68 transactions, and 358.8 thousand tons of iron ore and enriched iron ore worth MNT 94.94 billion were traded in 59 transactions.
Types of coal traded by percentage: - Coking coal 53.55 percent
- Enriched coking coal 14.71 percent
- Enriched medium ash content hard coking coal 2.45 percent
- Enriched soft coking coal 0.25 percent
- Above-average volatile content steaming coal 2.45 percent
- Medium volatile content coking coal 24.14 percent
- Thermal coal 2.45 percent
Types of iron ore and enriched iron ore traded by percentage: - Fe-52% iron ore 52.22 percent
- Fe-58% enriched iron ore 20.19 percent
- Fe-65% enriched iron ore 27.59 percent
Source: montsame.mn |
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Mail to communications@eurochamber.mnfor inquiry. |
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