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EuroChamber update
Onon Sukhbaatar is now our Health WG's new co-chair
Onon Sukhbaatar is now our Health WG's new co-chair
Ms. Onon Sukhbaatar has been selected as Co-chair of EuroChamber's Health Working Group.

Onon is a Senior Market Access Policy Adviser in BritishEmbassy Ulaanbaatar and she's also an expert as Mental Health First Aider and Foreign Policy and Diplomacy.
 
Eurochamber Mongolia is please to announce that we have a new Corporate Plus member – AsiaPharma
Eurochamber Mongolia is please to announce that we have a new Corporate Plus member – AsiaPharma
“ASIA PHARMA” LLC is one of the leading companies in the Mongolian pharmaceutical market, known for its exceptional quality of high-end drugs and health products.

In the past, the company has been successfully operating on the basis of our strict policy and delivering more than 2,000 internationally recognized and highly effective medicines and medical products to our customers.

Thank you for trusting us an we hope that we'll have a confident and satisfying cooperation in the future.
 
New SME member
New SME member
We are pleased to announce that Tentsuu Toirog LLC. has upgraded its membership to SME category. Tentsuu Toirog (Equal Circle) runs 24mall.mn online shopping platform that offers you any product you want from South Korea and Germany.

We wish 24mall.mn a big success and long-lasting trusted cooperation.
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GG Retail LLC. extended its membership
GG Retail LLC. extended its membership
EuroChamber Mongolia's SME member GG Retail LLC. extended its membership.

GG Retail LLC. is Gurvan Gal Group who's been operating businesses in retail, healthcare, information systems, hospitality and real estate sectors since 1992.

Looking forward to our sustainable and mutually beneficial cooperation in the future.
 
HR Development and TVET in mining event has been held last Thursday
HR Development and TVET in mining event has been held last Thursday
EuroChamber and DMUV's joint event "HR Development and TVET Education in Mining", has been successfully organised on 18th April at Shangri-la Ulaanbaatar.

In this event industry experts and mentors from both government agency and private sector shared lots of important information about TVET industry in Mongolia and how the dual TVET programs being implemented in international labour market and present challenges and opportunities pertaining to industry relevance.

Mr. Ganzorig from Mandal Financial Group also enlightened the audience with his exciting speech about Generations Study case.
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Upcoming events
Austrian-Mongolian Business Forum is on 25th April next Thursday @Shangri-La hotel
Austrian-Mongolian Business Forum is on 25th April next Thursday @Shangri-La hotel
On the occasion of the 60th year anniversary of Austrian-Mongolian diplomatic relations, The Austrian-Mongolian Business Forum will be held on 25th April, 2024 at Shangri-La Ulaanbaatar Hotel [Paris & Beijing room].

Following Austrian companies in healthcare, agriculture, education, food sectors producing medical technology, food production equipment, meat processing will be looking for partners in Mongolia.

AME International GmbH seeks contacts with public health facilities that need to be modernised and offers:
- Implementation of digital IT solutions for the healthcare sector
- Implementation of new high-tech patient treatments

BERTSCHfoodtec GmbH supplies individual and efficient process solutions for milk processing and cheese production:
- Equipment for the production of semi-hard and hard cheeses
- Equipment for the production of mozzarella, pizza cheese
- Equipment for the production of quark cheese
- Equipment for the production of yoghurt and fermented milk
- Equipment for the production of drinking milk

BERTSCHlaska Produktions und Handels GmbH is interested in customers who wish to invest in meat processing in the areas of slaughtering, sausage processing and the production of semi-finished products (e.g. mincemeat, nuggets, burgers, meatballs) and wish to expand or modernise their production facilities.

Central National Gottesman Europe GmbH is looking for contacts to potential customers:
1. Leading wholesalers of paper
2. Publishing companies
3. Printing companies
4. Paper processing companies, such as manufacturers of boxes, corrugated cardboard, paper bags (shopping bags or bags for food)

Odelga Med Engineering GmbH is looking for partners and customers in the healthcare, education and agroindustry sectors.
Furthermore, OME is also interested in projects with private operators/investors in these sectors.

Over 160 years ​Waagner-Biro Austria Stage Systems GmbH enjoys a solid reputation world-wide as a supplier of complex stage systems; a complete range of services, which covers steel construction; mechanical engineering, electromechanical drive engineering and computer control systems; our customers particularly appreciate since it enables them to obtain everything from one provider, as turn key project.

VAMED ENGINEERING GmbH have successfully completed 10 projects in the last 12 years in the field of technology upgrades in the Healthcare Sector in Mongolia. We are looking for healthcare facilities that need medical equipment packages financed by Austria, ADB, World Bank etc. We offer high tech medical equipment packages for new health developments or extensions of existing health facilities.

 
20th Vienna Ball event is a week ahead
20th Vienna Ball event is a week ahead
This year's event holds profound significance as it commemorates the illustrious 60th anniversary of diplomatic relations between Mongolia and Austria - a celebration of the enduring "Harmony of Nations." Anticipate the presence of distinguished guests, including the President of the Vienna Provincial Parliament, the Austrian Ambassador to China & Mongolia, and esteemed delegates spanning various sectors from both Austria and Mongolia.

Prepare to be enchanted by an evening of refined cultural splendour. Experience the time-honoured traditions of the Vienna Ball, with captivating performances such as the elegant debutant dance, the melodic strains of classical Austrian music by talented Mongolian opera singers, and a heartfelt contribution from the Mongolian State Conservatory.

Following the enchanting Debutant's Danube Waltz, allow yourself to be swept away on the dance floor by the timeless rhythms of the Viennese waltz. Fear not, for experienced dancers will be on hand to graciously guide you through each step. Indulge in an exquisite gastronomic journey, as a sumptuous four-course dinner awaits, accompanied by a selection of fine beverages.

Furthermore, embrace the spirit of philanthropy as the 20th Vienna Ball upholds its cherished tradition of charity. This year, a significant portion of the ticket price will support renew complete costumes for the performances of young Mongolian artists at the Mongolian State Conservatory, nurturing their artistic aspirations and enriching their cultural legacy.

We eagerly anticipate your esteemed presence at this opulent celebration, promising an unforgettable evening of sophistication, cultural richness, and charitable goodwill.

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Mongolia update
The public hearing to analyse drug availability, drug prices and causes of their increase, drug registration and quality control, was held at the Parliament House for three days on 15-17 April.
The public hearing to analyse drug availability, drug prices and causes of their increase, drug registration and quality control, was held at the Parliament House for three days on 15-17 April.
About 80% of the drugs used in Mongolia are imported drugs. The following licenses were issued in 2022: 3,188 for standard substances for drugs and pharmaceutical raw materials, 3,987 for medical devices and auxiliary materials, 91 for diagnostic reagents, 155 state-controlled licenses, and 98 licenses for psychotropic drugs.

In 2022, 820 types of medicines were imported from 51 countries. Medicines from 458 global manufacturers were imported, higher than previous year. The import of medicine is increasing year by year. In 2015, drugs imports reached 128.8 billion MNT, and by 2022 imports reached 838 billion MNT. Sales of imported drugs are also growing steadily.

From 2015 to 2022, the number of drugs that do not meet quality standards, did not decrease. The quality of the medicine is assessed by testing it when it is registered for the first time. After five years, another test needs to be conducted for renewals.

Source: itoim.mn

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Ulaanbaatar, April 16, 2024 - Simone Z. Atanasovski, Regional Director for Central Asia and Mongolia at the EBRD's SME Finance and Development Department, worked in Mongolia.
Ulaanbaatar, April 16, 2024 - Simone Z. Atanasovski, Regional Director for Central Asia and Mongolia at the EBRD's SME Finance and Development Department, worked in Mongolia.
Simone Z. Atanasovski, Regional Director for Central Asia and Mongolia at the European Bank for Reconstruction and Development's (EBRD) Small and Medium Enterprise Finance and Development Department, has worked in Mongolia.

During her visit, Ms. Simone Z. Atanasovski met with the management of the Mongolian National Chamber for Commerce and Industry (MNCCI) to discuss the importance of enrolling young businessmen and startup entrepreneurs in training programs. The training, in addition to financial aid, would provide them with the opportunity to compete in national and overseas markets.

"There are many sectors in which EBRD and MNCCI can collaborate. We are happy that the views and initiatives of the Chamber align with our work line. We need to support the young generation in starting their businesses in broader ways," she said.

The MNCCI management introduced their work completed under the "Business Revival" National Program. They also informed Ms. Atanasovski that the initiative to enroll 10,000 young people in business training aimed at preparing the next generation of business leaders has begun implementing.

Source: Montsame agency
 
Ulaanbaatar, April 17, 2024 - Decisions Made at the Cabinet Session
Ulaanbaatar, April 17, 2024 - Decisions Made at the Cabinet Session
During its regular session on April 17, 2024, the Cabinet made the following decisions:

  • Draft Law on the Legal Status of the New Zuunmod City Presented
  • To Enhance Student Dormitory and Learning Environments and Support Teacher Development, Public Universities to Receive Regular Funding
  • Revised Draft Law on Science and Technology to be Submitted to Parliament

Source : Montsame Agency
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