“Ulaanbaatar Group” LLC was first established as “Dorniin Ikh Gegee” LLC .
year 2006
Became the first oil technology transportation company in Mongolia with 100% national investment.
year 2009
We have rehabilitated an oil refinery for the first time in Mongolia.
year 2010
Our company started crude oil transportation
year 2011
“Geret Construction” LLC, a manufacturer of Euro standard vacuum windows and glass facades, was established and expanded its operations.
“MNFS” LLC began providing luxury car mortgage lending services to operate in the financial sector.
year 2013
A residential building “Gegeen Tower” with the service area was built and put into operation in the capital of Ovorkhangai province Arvaikheer.
year 2014
In 2017, an apartment building “UB Vista” with the service area was built and put into operation in the city of Ulaanbaatar, Songinokhairkhan district.
“Geo Petro Engineering” LLC and “Mongolian Petroleum Engineering” LLC expanded their activities and began to provide additional services in the oil industry.
“UB Real Estate” LLC was established to operate in the field of real estate brokerage
year 2017
“UB Active” LLC received a special license to operate as a non-banking financial institution from the Bank of Mongolia.
For the first time oil wells were introduced in Mongolia. As a result, we got the opportunity to do expensive professional work ourselves.
year 2018
Large-scale office and residential development projects have been launched in Class A districts in the city center.
International transportation of crude oil has started.
A franchise agreement was signed with the Japanese multinational healthy fast food chain restaurant “Yoshinoya”.
year 2019
“UB Concrete group” LLC was founded in 2021 as a
subsidiary of UB group. From 2023, we produce 120m3 of
concrete per hour and supply concrete that meets the
requirements of international quality standards for building
materials.
year 2021