April

Approved "Tsetsii 50MW" energy tariff by  Energy Regulatory Committee.

 

May

Signed Dispatching Regulation agreement of "Tsetsii 50 MW" with National Dispatching Center.

October

Signed Power Purchase Agreement for Tsetsii 50MW wind farm with National Power Transmission Grid.

 

March
 

Newcom Group and SoftBank Corp. of Japan agreed to establish Clean Energy Asia LLC, a joint venture company in Mongolia.

 

Newcom Group European Bank for Reconstruction and Development (EBRD), and the Netherlands Development Finance Company (FMO) have signed the financing agreements for Salkhit Wind Farm Project.

 

December

 

Newcom Partners with IFC to Support Sustainable Growth in Mongolia

 

November

 

Newcom partners with GE to supply advanced technology wind turbines to power the country’s first wind farm. 

 

August

 

Newcom Mining Services is launched to offer mining and heavy equipment rental services.

 

July

 

Mobicom commemorates its 15th Anniversary.

 

June

 

Eznis Airways introduces the first commercial jet (AVRO RJ-85) service on domestic

flights.

 

May

 

Eznis Airways signs a strategic cooperation agreement with All Nippon Airways (ANA) of Japan.

 

Newcom Group signs a memorandum of understanding with General Electric

(GE), a US firm, to form a strategic partnership.

 

EBRD signs a shareholders' agreement with Newcom, and Clean Energy LLC becomes a foreign invested company.

 

June

 

Newtell received an “Exemplary Organization” award from the Asian Productivity Organization. 

 

June

 

Lays the foundation of Wind Park at Salkhit, Sergelen soum, Tuv Aimag.

 

May

 

Eznis Airways receives its third SAAB 340B plane.

 

December

 

Eznis Airways conducts its first scheduled flight successfully.

 

November

 

Eznis Airways receives its first two SAAB 340B planes and carries out its pilot flight successfully prior to its operation.

 

June

 

Celebrates the 10thAnniversary of Mobicom Corporation in Mongolia and Japan.

 

March

 

Appoints 2 internationally experienced independent BOD members to ensure good corporate governance and transparency of the company.

 

January

 

Expands its portfolio of companies by establishing Eznis Airways, to provide innovative, safe and comfortable domestic flight services in Mongolia.

 

December

 

Newtel, a subsidiary of Newcom, has been named as one of the Top 5 companies that provide an excellent service.

 

November

 

Establishes Newcom Systems, to provide comprehensive information technology and systems integration solutions services.

 

April

 

Tedy Center opens its door to provide one stop services for GSM system users, and to serve up to 10,000 customers a day.

 

March

 

Establishes Newcom Property with ahighly professional team to provide property and facility management services.

 

December

 

Newcom and Mobicom jointly establish Newfund, a NBFI, to provide mortgages to the employees and solve their other social issues.

 

December

 

Installs the first wind measurement equipment in Salkhit, 70km North-East of Ulaanbaatar, where the wind farm is planned to be built.

 

October

 

Establishes Clean Energy, to study wind energy resources and its feasibility in Mongolia.

 

May

 

Establishes Newsec, to provide all types of property and personal security and protection services.

 

October

 

Establishes Newtelcard, a retailer, in order to bring GSM services closer to wireless telecommunications users. As aresult, the Mobicom pre-paid users increased by 300%within a year.

 

Becomes an authorized distributor of Datecs, a Bulgarian firm, to sell electronic cash registers.

 

Becomes an authorized distributor of Alcatel, a French firm, to supply OmniPCX PABXs and mobile phones.

 

October

 

Newcom and Invesco jointly establish Invescom, a NBFI, and Newcom sells its shares in 2003.

 

Becomes an authorized distributor of JCM, a Japanese firm, to supply currency detector machines.

 

September

 

Establishes NewcomTel with a Japanese firm, NTT, to provide international call services based on VoIP technology.

 

November

 

Established Newcom Technology to provide information technology and systems integration services.

 

October

 

Establishes Mongol Research, to provide Mongolian economic and business environment news, research and services to our domestic and international partners.

 

June

 

Establishes Newtel, to introduce innovative new telecommunications services.

 

Becomes an authorized distributor of Toshiba-TEC, a Japanese firm, to sell electronic cash registers.

 

Becomes an authorized distributor of Siemens, a German firm, to supply Hicom PBXs.

 

September

 

Becomes authorized distributor of Motorola, a US firm,to sell short and ultra short waveradio stations. Newcom establishes the first wireless telecommunications company inMongolia, Mobicom Corporation, with Japanese corporations.

 

April

 

N. Tuya establishes a professional consulting company, Newcom.