Cabinet approves new organizational structure of ‘Erdenes Mongol’ LLCEconomy
Ulaanbaatar /MONTSAME/. Today on May 11, the Cabinet approved the new organizational structure of ‘Erdenes Mongol’ LLC.
During the meeting, corresponding officials were tasked to pay attention to making the company’s structure small yet skilled and take the appropriate measures to define the respective roles of each department and unit, improve the state-owned company’s financial discipline and focus on efficient operations, and enhance correlation between the operations of subsidiaries and project units.
Currently, ‘Erdenes Mongol’ LLC ensures government involvement in the operations being carried out at 5 out of 16 strategically important deposits, which include putting the deposits into economic circulation. The company has three joint stock companies, 10 subsidiaries and affiliates, three project units, and an operator company.