TAVAN BOGD GROUP MONGOLIA

Tavan Bogd Group (Mongolian: Таван Богд групп) is a Mongolian conglomerate with 14 subsidiaries and four affiliates in trades and services, manufacturing, financial services and mining supplies along with restaurant, tourism and hospitality businesses in Mongolia. Established in 1995, Tavan Bogd Group is one of the largest corporations in Mongolia, officially representing some of the world’s best-known brands such as Toyota, Hitachi mining equipment, Colgate Palmolive, TOTO, L’Occitane, KFC, Pizza Hut, Bridgestone, Heinz, Funai, Xerox and Double A.
JOINT EFFORTS - KEY TO SUCCESS

In addition, Tavan Bogd Group sells luxury cashmere products through the GOBI Corporation, which currently operates about 140 boutique stores in 40 countries.The Group is one of the largest employers in the country with nearly 10,000 employees across its subsidiaries and affiliated companies.[citation needed] It was named after the highest mountain range in western Mongolia, the Altai Tavan Bogd.
COMPANY HISTORY
The Tavan Bogd Group was established in 1995, by Baatarsaikhan Tsagaach and his spouse, Khulan Dashdavaa. Tsagaach is the president and Dashdavaa is the executive vice president of the company. Tavan Bogd started out as a photo-processing business and authorised distributor of Fujifilm Corporation. Since its foundation, the company has expanded and established subsidiaries across Mongolia. In the 2000s, Tavan Bogd acquired the GOBI Corporation, one of the "Global Big Five" luxury cashmere manufacturer. The company then acquired shares in Khan Bank, the largest commercial bank in Mongolia, and fully acquired Juulchin, the nation’s first and most reputable tour operator. In 2014, the Tavan Bogd Group established a joint venture with Catering International & Services (CIS), to provide services in the field of mining supplies and catering in southern Mongolia..



