APU Company was established in 1924 as a state monopoly for production of vodka, beer and soft drinks. In 1992, APU Company was partially privatized to become a joint stock company with 51% shares owned by the state and remaining 49% being sold through Mongolian Stock Exchange. In 2001 the state owned shares of the company were sold through public auction and the company has been privatized 100%.

Since 2001, APU has undertaken a full scale reconstruction program for its vodka, beer and beverages plants using modern technologies and equipment produced by leading manufacturers of Germany, Austria and Italy. The entire production and technological process of APU Company is managed by an automated system. In addition to being one of the few Mongolian beverage producers with a Certificate of Quality ISO-9001:2001, APU has years of experience in producing the most respected and vodka, beer and soft drinks. Today, APU’s plants employ 562 full time workers and have a capacity to produce 6.0-8.0 million litters of vodka, beer, wine and cocktails. APU produces its own brand-name vodkas such as Chinggis Khan, Bolor, Altanturuu, Mungunturuu, Tarianturuu, Yerool; beers: Altan Gobi, Khar Khorin, Borgio, Yahoo beverages: Terelj and Selenge and mineral water. Its equipments and technologies are from Germany, Austria, and Italy. The company imports some raw materials from China and exports its products to Korea and Japan.

APU is the biggest alcohol and beverage company by market capitalization on Mongolian Stock Exchange. The company has been selling their public shares since May 22, 1992 with the initial price of 100 MNT per 1 unit of stock. In January 2008, after 16 deaths due to poor quality vodka produced by small, non-standard alcohol producing factories, the Mongolian government took action and banned all such small factory producers of vodka and alcoholic beverages. APU, as a large leading alcohol manufacturer, greatly benefited from the new legislation which leads to a four fold increase in the stock value of the company. Starting from July 15, 2008, APU changed its share basket by dividing a share by 100 bringing down the price per share to 540 MNT.

Ticker symbol-           APU

Stock Code-              90

Total issues -           74 287 700

Market capitalization – 53 115 705 500 MNT (as of July 2008)

Source: www.apu.mn

             www.mse.mn