Chosen by one of our partners, Mongolian National Chamber of Commerce, we are pleased to announce their 2022 IWEC awardees. They will be attending our 2022 15th Annual Conference in Madrid Spain Nov. 13-15th to accept their awards.
Aiyvkhan Ainagul, Owner & General Director, Pakkale LLC
In 2005, Aiyvkhan founded Pamukale Restaurant Mongolia. She had started the first mobile food deliver service back in 1999 and grew the company until it was strong enough to open a restaurant. It is one of the best restaurants in the province. And over the years, the company expanded to offer trade services, coffee shops and a tourist resort, Pamuk. Being very close to China and Russia, there is a strong population of 93% Kazakhs. Aiyvkhan wishes to open a modern Ger restaurant featuring the culture of the nation and will finish the construction on the Pamuk Resort.
The company does business with Turkey and Kazakhstan and wishes to further develop business with these countries as well as others.
Boldmaa Palam, CEO, Ikh Bazriin Chuluu LLC, www.ikhgazriinchuluu.mn
Boldmaa started her career as a teacher but started making clothing on a single sewing machine after her father died, to help support her family. She also brought 4 of her 9 siblings into the business and incorporated in 2002. She now has 45 employees and her clothing company focuses on work and safety clothes, herders’ special wear and custom-made embroidered clothes. The company has two operational sites supporting local workers. And Boldmaa plans to open a plant using recycled materials as well as continue to grow the company in clusters in rural areas.
The company does business with China and Japan and Boldmaa wishes to expand in other Asian countries and find innovative companies that make recycled materials from old garments.
Dendev Udval, President, Naran Trade LLC, www.narangroup.mn
In 1990 Dendev established Naran Trade with her husband right after Mongolia entered the Free Market Economy. The company had humble beginnings with a staff of 10 in a small retail store called The Naran Shop. Within just a couple of years Naran shop was already a household name and a brand on its own. Not only it was the first ever shop accepting payment in hard currencies, but also the first retail store selling foreign or “capitalist” brand products to the Mongolian consumers. Today the Naran Group has 12 subsidiary companies in retail, wholesale & distribution, restaurant franchises, real estate, media and communications.
The company does business with several countries in Asia and Europe as well as with the US & Australia. Dendev would like to continue to work in Mongolia and to strengthen their markets in neighboring countries as well.
Congratulations to these strong and powerful women!
