About us

We initiated our business with a team of 20 employees and have since achieved remarkable growth, now employing approximately 500 professionals on a country scale. Our company is involved in sustainable business activities across eight branches that encompass Transportation, Construction, Finance & Investment, and Lifestyle sectors.

We specialize in constructing environmentally friendly constructions, demonstrating a deep reverence for nature and the surrounding ecosystem. Our mission is to provide customers with an unparalleled experience while offering cutting-edge technical solutions.

The journey from our modest beginnings to a countrywide presence is a testament to our dedication and hard work. Our commitment to eco-conscious construction and our unwavering focus on customer satisfaction are key drivers of our success. As we pursue further expansion and advancements, we remain steadfast in upholding our values of sustainability and delivering excellence to our customers.

5+

Business sector

10+

Construction project

100+

Investors

Vission

We aspire to evolve into a development company that fosters sustainability and inclusivity, generating wide-ranging and positive impacts.

Mission

Our mission is to drive the progress and economic advancement of Mongolia by synergizing innovative solutions and global benchmarks, all while harnessing the power of passion and expertise.

Values

Sustainable Development, Teamwork, Advanced Technology, Quality, Business Ethics, Respect

Our History

“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

Successfully opened its first branch on the 5th floor of the State Department Store, taking the rights of the official representative of the famous South Korean “BENEBENE” children’s clothing store in Mongolia.

year 2022

“Avenue Residence” located in the 2nd district of Chingeltei district, has successfully built and commissioned 55 serviced business-class apartments and handed them over to the State Commission.
15th Committee of Khan-Uul District, Vision Business Tower, 26-storey construction work for services and offices has been successfully started.
Japan’s No. 1 fast food chain restaurant Yoshinoya brand Han-Uul District, Ward 20, Successfully opened its 3rd branch in Sumber Tower.
The Turkish manufacturer of building materials received the official sales rights of KALE and VITRA brands and started supplying them to the construction industry.

2023 year

ProTeam fitness, fully equipped with modern equipment, was successfully opened on the 4th floor of the Independence Palace. Participated in the “Barilga EXPO 2024” international fair with projects such as Vision Business Tower, Central Park, and Vision Complex and was selected as the “BEST PROJECT IMPLEMENTING COMPANY”.

2024 year