MCS Group

MCS Group is a Mongolian business conglomerate that began in 1993 as MCS (Mongolian Consulting Service), a consultancy set up by four young Mongolians during the country's transition from socialism to democracy. One of the founders, Odjargal J., conceived the idea while working at Electrowatt in Zurich, Switzerland, in 1992. In its first four years the firm completed more than 20 project studies in the energy sector, and it has since grown into one of the largest business groups in Mongolia. Today MCS operates businesses in sectors described by the company as vital for increasing Mongolia's economic growth. Its portfolio spans engineering, energy, communication, property, mining, FMCG, health and hospitality. The group's subsidiaries and affiliated investment companies contributed a total of 1.2 trillion MNT in taxes and social insurance payments to the state budget in 2025, according to the company's own introduction. MCS Group is led by Odjargal J., who has served as Chairman of the Board of Directors since 2001 and also chairs the board of Mongolian Mining Corporation. The group maintains a corporate structure with a management team, shareholders, a code of conduct, and a sustainability function that publishes an annual Sustainability Report. Its featured projects include a vertically-integrated agricultural complex, a paid internship program, a model roadside rest area, development of 3x3 basketball in Mongolia, and a forest belt in the Gobi desert to reduce desertification. The group's history is presented in phases: starting out (1993–1995), imports (1995–1998), expansion into manufacturing and technology (1998–2008), and developing Mongolia (since 2008). MCS remains privately held and is headquartered in Ulaanbaatar.

MCS Group traces its origins to 16 April 1993, when MCS (Mongolian Consulting Service) was established by four young Mongolians. The idea for the consultancy came from one of the founders, Odjargal J., who conceived it in 1992 while working at Electrowatt in Zurich, Switzerland. This was a period when Mongolia was transitioning from socialism to democracy, and the founders sought to build a professional services firm to support the country's emerging market economy. In its first four years of existence, MCS successfully completed more than 20 project studies in the energy sector. The company's own history divides its development into four phases. The first phase, 'Starting Out' (1993–1995), covers the founding and early consultancy work. The second phase, 'Imports' (1995–1998), reflects the firm's move into importing goods and equipment. The third phase, 'Expansion into manufacturing and technology' (1998–2008), marks a period of diversification into production and technology-related businesses. The fourth phase, 'Developing Mongolia' (since 2008), describes the group's current era of large-scale investment across multiple sectors. Odjargal J. served as Chief Executive of MCS International LLC from 1993 to 2001, and since 2001 has been Chairman of the Board of Directors of MCS Group. He has also chaired the board of Mongolian Mining Corporation since 2010. Under his leadership, MCS has grown into one of the largest business conglomerates in Mongolia, operating leading companies in engineering, energy, communication, property, mining, FMCG, health and hospitality. By 2025, MCS Group's subsidiaries and affiliated investment companies contributed a total of 1.2 trillion MNT in taxes and social insurance payments to the state budget, according to the company's introduction. The group has also developed a sustainability function, publishing an annual Sustainability Report and undertaking featured projects such as a vertically-integrated agricultural complex, a paid internship program, a model roadside rest area, development of 3x3 basketball in Mongolia, and a forest belt in the Gobi desert to reduce desertification.

• Odjargal J. conceives the idea of a consultancy while working at Electrowatt in Zurich, Switzerland.

• MCS (Mongolian Consulting Service) is established by four young Mongolians.

• Starting Out phase: MCS completes more than 20 project studies in the energy sector in its first four years.

• Imports phase: the firm moves into importing goods and equipment.

• Expansion into manufacturing and technology phase.

• Odjargal J. becomes Chairman of the Board of Directors of MCS Group.

• Developing Mongolia phase begins, marking large-scale multi-sector investment.

• Odjargal J. becomes Chairman of the Board of Directors of Mongolian Mining Corporation.

• Five subsidiaries of MCS named 'Entrepreneurs of 2024' by the Mongolian National Chamber of Commerce and Industry.

• MCS Group publishes its annual Sustainability Report 2024.

• MCS Group's subsidiaries and affiliated investment companies contribute 1.2 trillion MNT in taxes and social insurance payments to the state budget.

One of the largest business conglomerates in Mongolia, operating leading companies in sectors vital to the country's economic growth.

• Engineering services

• Energy

• Communication

• Property

• Mining

• FMCG

• Health

• Hospitality

1. 1Home -mcs.mn
2. 2Our history -mcs.mn
3. 3Introduction -mcs.mn
4. 4Management -mcs.mn
5. 5MCS Groupwikidata.org