Over only 26 years, Chono Group has grown and diversified from a trading business to a multi-disciplined investment holding group and industry leader in a range of specialist businesses:
Established “Chono Holding”.
Founded “Niislel Delgets” LLC, to introduce an exciting concept in advertising, an outdoor giant digital LED screen overlooking Sukhbaatar square.
“Misheel Mega Mall” LLC was founded and started its operation by opening “MMM” Mongolia’s largest construction market under one roof.
Established “Paleo Resources”, a Joint Venture with “Petrovis Resources”, an exploration business within the mining sector.
Construction project “MMM” commenced to build the largest construction material and home hardware center in Mongolia.
“United Brothers Group” LLC was established to provide services to the mining industry.
Chono Finance, Non-banking financial institution was established that started by providing 5 financial lending products to its customers.
“Terra Express” LLC was established to introduce leading Western logistics solutions to inbound and outbound mining transportation.
Opens the “Blue Sky Tower” complex.
Completed residential apartments project "Beehive residence".
Chono Group obtains 100 % share of “Mon-Eldorado” LLC and renames the property company as “Chono Properties” LLC.
Introduces technological upgrade in “Shinest” JSC where the company starts manufacturing world standard wood and wooden products.
Layed down foundation for “Blue Sky Tower” complex.
Agricultural company “ISTA” was established that currently operating as “Tavan Erdene Group”.
Freight forwarding company “BLC” was established.
“Misheel” furniture trading center opened.
“Me Golf” project was implemented which became the first professional golf driving range and training center in Mongolia.
Launches “Misheel Expo” into the exhibition market.
In order to expand activities into the construction industry “Mon-Eldorado” LLC was established and constructed developments “Orgil-Peak” and “Khugjil-Development” between 2001-2005.
Mongolian traditional clothing concept and design “Torgo Fashion” LLC was established.
The state owned wood processing and wooden construction material manufacture SOT- 3 was privatized and renamed as Shinest JSC.
The state owned primary leather processing factory was privatized and named as “Tavan Erdene” JSC. Subsequently in 1997, by renovating the building opened the first construction material wholesale and retail store “Misheel” that layed foundation for the currently known Construction Misheel Mega Mall.
Interior design “Chono Tech” LLC was established that renovated then well-known and popular places such as Sapporo store, Хид-1, “Motorock” and “Hollywood” disco bars.
Construction material trading company “Maxi-Home” was established.
The first ever private hotel “White House” opened in Ulaanbaatar.
“Chono” started its business as a trading company.