Genco Group was established in 1993 with core business activities in trading, retail, entertainment, and service related sectors. It became one of Mongolia’s first large conglomerates with diverse business activities and a name brand that was publicly valued and respected by the Mongolian government and people. For the purpose of continued diversification of company activities, Genco Group regularly reinvested its sales proceeds into new projects. Today Genco Group is one of the largest national conglomerates with diverse activities that include tourism, hotels, food processing & manufacturing, and trade and services. Globally Genco Group has business associations with Russian, Chinese, German, Kazakh, Austrian, Japanese, Korean, Singaporean, Jordanian and Dutch companies in the tourism, hotel, food production, and trade and service sectors.

 

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Today Genco Group consists of the following companies: Genco Tour Bureau Shareholding Company, one of the biggest tourist operators, Bayangol Hotel Shareholding Company, the first four- stars hotel well known for its long established services amongst foreign guest frequently visiting Mongolia, Makhimpex Company, the largest meat processing factory in Ulaanbaatar, Talkh Chikher Shareholding Company, the leading national manufacturer of bakery and confectionery products, GAG Co., Ltd, C1 TV Station, Mongolia's newest Terrestrial TV Station with amazing technical innovations and never-before-seen programming, Genco wrestling club, Hartford Institute Mongolia, a leading education provider of business management programs listed on the Singapore Exchange, and CAMEX (Central Asian Mineral Exploration) LLC, which undertakes a variety of activities foreign trade and investment.

Genco Tour Bureau is the biggest tourist operator in Mongolia. It was established in1997 and has since gained a permanent leading position in the tourism industry of Mongolia. In 2006, the company launched three separate projects with a budget of 10 billion MNT, all of which have led it to sell common stock through the Mongolian Stock Exchange. Genco Tour Bureau Shareholding company has been implementing the 3 projects named "Statue of Chinggis khan" Complex, "13th century" national park and "Golf and SPA Resort", of which two are in operation and remaining one will be completed in 2008. Company shareholders include US investment funds as well as local commercial banks and domestic and overseas institutional and retail investors. Today, the company has its significant tourist facility that attracts significant numbers of domestic and overseas tourists.

The company has been selling public shares since January 17, 2006 with the initial price of 100 MNT per1 unit of stock. The company is offering 99.3% of its stocks to the public with the remaining 0.7% is closed.

Ticker symbol-          GTB   
Stock Code-              521
Total issues -           100 000 000

Market capitalization- 17 800 000 000 MNT (as of July 2008)

Source:  www.genco-tour.mn

              www.gencomongolia.com

              www.mse.mn