(IN BRIEF) Sandvik has clinched a significant order worth around SEK 170 million from Mongolyn Alt MAK LLC to supply five cable-electric DR410iE drill rigs for deployment at the Tsagaan Suvarga Project in Mongolia. Scheduled for delivery between the second … Read the full press release
(IN BRIEF) The European Investment Bank (EIB) has embarked on its largest-ever financing agreement for Mongolia, injecting €54.4 million into a groundbreaking initiative. This initiative aims to address the degradation of Mongolia’s grasslands by promoting sustainable urban development and supporting … Read the full press release
Posted in Agriculture, Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News
Tagged EIB, EU bank, H.E. Axelle Nicaise, investment, Javkhlan Bold, Mongolia, Myagmarjav Ganbaatar, partnership, sustainability, sustainable development, Teresa Czerwinska, Ukhnaagin Khurelsukh
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is taking steps to tackle youth unemployment and promote entrepreneurship in Central Asia by introducing a seven-year, €200 million (US$218 million) Youth in Business program. This initiative aims to provide … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Arnur Credit, Central Asia, EBRD, Entrepreneurship, Hamkorbank, Kazakhstan, Mongolia, MSMEs, partnership, Shinhan Bank Kazakhstan, Transcapital, Uzbekistan, Youth in Business Program, youth unemployment
(IN BRIEF) Mongolia is a significant player in the global cashmere industry, producing nearly 40% of the world’s raw cashmere. However, challenges such as limited processing capacity and environmental issues threaten the industry’s sustainability. To address these challenges, the European … Read the full press release
Posted in Banks, Economy, Environment, Financial, Industrial
Tagged cashmere, cashmere industry, EBRD, Gobi Desert, Mongolia
(IN BRIEF) Orano, a responsible mining company with a 25-year presence in Mongolia, has signed a protocol for the development and operation of the Zuuvch-Ovoo uranium mine project in Mongolia. The signing ceremony took place at the Elysée Palace in … Read the full press release
(IN BRIEF) Kalmar, a subsidiary of Cargotec, celebrates a significant milestone as its manufacturing plant in Shanghai, China, completes the production of its 6,000th machine, a reachstacker. The machine is destined for Bodi International LLC in Mongolia. The Shanghai plant, … Read the full press release
(PRESS RELEASE) LONDON, 13-Sep-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD), an international financial institution, has announced that its Women in Business programme funded by the Women Entrepreneurs Finance Initiative (We-Fi) will provide support and business … Read the full press release
Posted in Banks, Business, Financial, Industrial, Investment, News, Russia, Small Business, United Kingdom
Tagged EBRD, furniture, furniture importers, furniture manufacturers, furniture market, Ganbros, Mongolia, Ms. Odonchimeg Adilbish, Ulaanbaatar, We-Fi, Women Entrepreneurs Finance Initiative, Women in Business Programme
LONDON, 25-Jan-2018 — /EuropaWire/ — Rio Tinto is further strengthening its presence in Mongolia, underscoring its commitment to the country. Rio Tinto will establish a new office in Ulaanbaatar and expand its national employee numbers to around 80 through the course … Read the full press release
Posted in Business, Industrial, Metals and Minerals, United Kingdom
Tagged metal, mining, Mongolia, Munkhtushig Dul, Rio Tinto, Ulaanbaatar
Four-year plan to strengthen resilience and competitiveness LONDON, 12-Jun-2017 — /EuropaWire/ — The EBRD Board of Directors has adopted a new country strategy for Mongolia which outlines the Bank’s investment priorities in the country for the next four years. The strategy … Read the full press release
Posted in Banks, Investment, United Kingdom
Tagged EBRD, investment, Irina Kravchenko, Mongolia
EBRD and the Mongolian bank continue supporting innovative financial instruments for small businesses, including value chain finance LONDON, 31-7-2014 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) and Khan Bank – one of the largest commercial banks in Mongolia … Read the full press release
Posted in Banks, Business, Financial, Small Business, United Kingdom
Tagged EBRD, Mongolia, Mongolian Khan Bank, Norihiko Kato
London, UK, 10-1-2014 — /EuropaWire/ — Heathrow and Asia House have expanded their series of tailored guides designed to help SMEs trade with Asia. The series now includes Azerbaijan, Kazakhstan, Malaysia, Mongolia, Myanmar (Burma), Pakistan, The Philippines and Turkey, and follows … Read the full press release
Posted in Aviation & Aerospace, Business, International Trade, Media, Transportation & Logistics, Travel, United Kingdom
Tagged ASIA, Asia House, Azerbaijan, British Embassies, Colin Matthews, emerging markets, Heathrow, Kazakhstan, Keith Waterton, Malaysia, Michael Lawrence, Mongolia, Myanmar (Burma), Pakistan, SMEs, The Philippines, trade, trade bodies, Turkey
29-8-2013 — /EuropaWire/ — GDF SUEZ is pleased to announce, together with its consortium partners, that its preferred bidder status for the combined heat and power plant CHP5 in Ulaanbaatar, the capital of Mongolia, has been confirmed. A Memorandum of Understanding has … Read the full press release
Posted in Belgium, Energy, Gas & Oil, Environment, France, Infrastructure & Utilities
Tagged 415MW power plant in Mongolia, 415MW power plant in Ulaanbaatar, coal-fired CHP plant, energy services, GDF SUEZ, GDF SUEZ preferred bidder status confirmed, Mongolia, natural gas, Newcom LLC, POSCO ENERGY, power, Sojitz Corp, steam capacity of 587MW, Ulaanbaatar
23-7-2013 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “A new milestone was reached in Mongolia, with the Oyu Tolgoi copper-gold mine making its first shipment of copper concentrate to China. Our iron ore operations continue their impressive performance, … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, United Kingdom
Tagged CHINA, copper, copper concentrate, copper-gold mine, financial results, iron ore, Mongolia, operation results, Oyu Tolgoi, Rio Tinto, Sam Walsh
The EBRD is supporting the construction of a greenfield cement plant in Mongolia to meet rising demand generated by a rapidly growing economy 14-5-2013 — /europawire.eu/ — Under an agreement signed at the 2013 EBRD Annual Meeting in Istanbul, the Bank is providing … Read the full press release
Brussels, 29-4-2013 — /europawire.eu/ — High Representative of the Union for Foreign Affairs and Security Policy/Vice President of European Commission Catherine Ashton is travelling today on an official visit to China and Mongolia. In China from 25-28 April, the High Representative will … Read the full press release
Posted in Belgium, European Union, Financial, Government, Politics, Society
Tagged Afghanistan, Catherine Ashton, CHINA, EU-China relations, General Chang Wanquan, Iran, Luvsanvandan Bold, Mongolia, Mongolia's Standardisation System, Noroviin Altankhuyag, North Korea, SYRIA, Tsakhiagiin Elbegdorj, Wang Yi, Yang Jiechi, Yu Zhengsheng
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