{"id":48162,"date":"2024-03-28T17:45:23","date_gmt":"2024-03-28T08:45:23","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=48162"},"modified":"2024-03-28T18:52:51","modified_gmt":"2024-03-28T09:52:51","slug":"sct-office-spotlight-ulaanbaatar","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2024-03-sct-office-spotlight-ulaanbaatar\/","title":{"rendered":"SC&amp;T Office Spotlight: Ulaanbaatar"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"48162\" class=\"elementor elementor-48162\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-458cbbc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"458cbbc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ee7fdb9\" data-id=\"ee7fdb9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0afd31f elementor-widget elementor-widget-text-editor\" data-id=\"0afd31f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>We continue our Office Spotlight series by jetting over to a landlocked country on the Central Asian plateau.<\/p><p>Around an hour by car from Chinggis Khaan International Airport, we find Samsung C&amp;T\u2019s subsidiary in the Mongolian capital of Ulaanbaatar. Here, Samsung C&amp;T Trading &amp; Investment Group has maintained stable business operations for over 30 years. Let\u2019s find out more about life and work in Ulaanbaatar.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-601797e elementor-widget elementor-widget-image\" data-id=\"601797e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2024\/03\/Ulaanbaatar_info.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDgxNjQsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjRcLzAzXC9VbGFhbmJhYXRhcl9pbmZvLmpwZyJ9\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"710\" height=\"1024\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Ulaanbaatar_info-710x1024.jpg\" class=\"attachment-large size-large wp-image-48164\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Ulaanbaatar_info-710x1024.jpg 710w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Ulaanbaatar_info-347x500.jpg 347w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Ulaanbaatar_info.jpg 940w\" sizes=\"(max-width: 710px) 100vw, 710px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b31747 elementor-widget elementor-widget-heading\" data-id=\"9b31747\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">The story of Samsung C&T\u2019s Ulaanbaatar subsidiary<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-12a2cec elementor-widget elementor-widget-text-editor\" data-id=\"12a2cec\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Unlike some of the offices we\u2019ve looked at, Samsung C&amp;T\u2019s subsidiary in Ulaanbaatar operates under a name that points to the company\u2019s unique history in Mongolia. ERDSAM International Co., Ltd. was established in the early 1990s as a joint venture between Samsung C&amp;T and Mongolia\u2019s state-run mine Erdenet Mining Corporation\u00a0 \u2013 they combined \u201cERD\u201d and \u201cSAM\u201d from each of their names to form \u201cERDSAM.\u201d<\/p><p>Samsung C&amp;T fully acquired ERDSAM Corporation in 2008, but the company continues to do business with Erdenet \u2013 such as by purchasing its copper concentrate and selling it in China. In fact, ERDSAM\u2019s traders handle a significant amount of copper ore produced by Erdenet.<\/p><p>They are not only working on copper concentrate but also various other metal-related business areas in Mongolia. ERDSAM members often need to embark on business trips to mines, traveling to remote areas in a country that is mostly covered in grassland but rich in metal ore deposits. These journeys may take five hours by car in weather conditions that swing between extremes of -30\u00b0C in winter to well above 30\u00b0C in summer.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f872e52 elementor-arrows-position-inside elementor-pagination-position-outside elementor-widget elementor-widget-image-carousel\" data-id=\"f872e52\" data-element_type=\"widget\" data-settings=\"{&quot;slides_to_show&quot;:&quot;1&quot;,&quot;navigation&quot;:&quot;both&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;pause_on_interaction&quot;:&quot;yes&quot;,&quot;autoplay_speed&quot;:5000,&quot;infinite&quot;:&quot;yes&quot;,&quot;effect&quot;:&quot;slide&quot;,&quot;speed&quot;:500}\" data-widget_type=\"image-carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image-carousel .swiper,.elementor-widget-image-carousel .swiper-container{position:static}.elementor-widget-image-carousel .swiper-container .swiper-slide figure,.elementor-widget-image-carousel .swiper .swiper-slide figure{line-height:inherit}.elementor-widget-image-carousel .swiper-slide{text-align:center}.elementor-image-carousel-wrapper:not(.swiper-container-initialized):not(.swiper-initialized) .swiper-slide{max-width:calc(100% \/ var(--e-image-carousel-slides-to-show, 3))}<\/style>\t\t<div class=\"elementor-image-carousel-wrapper swiper\" dir=\"ltr\">\n\t\t\t<div class=\"elementor-image-carousel swiper-wrapper swiper-image-stretch\" aria-live=\"off\">\n\t\t\t\t\t\t\t\t<div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"1 of 2\"><a data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"f872e52\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDgxNjUsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjRcLzAzXC9Nb25nb2xpYV8xLnBuZyIsInNsaWRlc2hvdyI6ImY4NzJlNTIifQ%3D%3D\" href=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_1.png\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_1.png\" alt=\"ERDSAM Corporation office\" \/><figcaption class=\"elementor-image-carousel-caption\">ERDSAM Corporation office<\/figcaption><\/figure><\/a><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"2 of 2\"><a data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"f872e52\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDgxNjYsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjRcLzAzXC9Nb25nb2xpYV8yLnBuZyIsInNsaWRlc2hvdyI6ImY4NzJlNTIifQ%3D%3D\" href=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_2.png\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_2.png\" alt=\"ERDSAM Corporation office\" \/><figcaption class=\"elementor-image-carousel-caption\">ERDSAM Corporation office<\/figcaption><\/figure><\/a><\/div>\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-swiper-button elementor-swiper-button-prev\" role=\"button\" tabindex=\"0\">\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"eicon-chevron-left\"><\/i>\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-swiper-button elementor-swiper-button-next\" role=\"button\" tabindex=\"0\">\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"eicon-chevron-right\"><\/i>\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"swiper-pagination\"><\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b0594f9 elementor-widget elementor-widget-heading\" data-id=\"b0594f9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Living and working in a land of contrasts<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-223c439 elementor-widget elementor-widget-text-editor\" data-id=\"223c439\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Yet, Ulaanbaatar is far from rural. With nearly half of Mongolia\u2019s population based in the capital, ERDSAM\u2019s staff can look out from their office in the very center of the city to witness heavy traffic weaving between skyscrapers. ERDSAM head Lee Jun-ho has adapted to life in Ulaanbaatar since moving there in 2021. But he tells us \u201cthere are certainly many aspects of Mongolia that differ from the typical perception.\u201d<\/p><p>\u201cFor example, downtown Ulaanbaatar may initially resemble Seoul because of the abundance of Korean branded convenience stores and coffee shops. There is actually significant cooperation between Korea and Mongolia,\u201d Lee reflects.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eab9183 elementor-arrows-position-inside elementor-pagination-position-outside elementor-widget elementor-widget-image-carousel\" data-id=\"eab9183\" data-element_type=\"widget\" data-settings=\"{&quot;slides_to_show&quot;:&quot;1&quot;,&quot;navigation&quot;:&quot;both&quot;,&quot;autoplay&quot;:&quot;yes&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;pause_on_interaction&quot;:&quot;yes&quot;,&quot;autoplay_speed&quot;:5000,&quot;infinite&quot;:&quot;yes&quot;,&quot;effect&quot;:&quot;slide&quot;,&quot;speed&quot;:500}\" data-widget_type=\"image-carousel.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-carousel-wrapper swiper\" dir=\"ltr\">\n\t\t\t<div class=\"elementor-image-carousel swiper-wrapper swiper-image-stretch\" aria-live=\"off\">\n\t\t\t\t\t\t\t\t<div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"1 of 2\"><a data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"eab9183\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDgxNjcsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjRcLzAzXC9Nb25nb2xpYV8zLmpwZyIsInNsaWRlc2hvdyI6ImVhYjkxODMifQ%3D%3D\" href=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_3.jpg\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_3.jpg\" alt=\"Ulaanbaatar city view\" \/><figcaption class=\"elementor-image-carousel-caption\">Ulaanbaatar city view<\/figcaption><\/figure><\/a><\/div><div class=\"swiper-slide\" role=\"group\" aria-roledescription=\"slide\" aria-label=\"2 of 2\"><a data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-slideshow=\"eab9183\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDgxNjgsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjRcLzAzXC9Nb25nb2xpYV80LmpwZyIsInNsaWRlc2hvdyI6ImVhYjkxODMifQ%3D%3D\" href=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_4.jpg\"><figure class=\"swiper-slide-inner\"><img decoding=\"async\" class=\"swiper-slide-image\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_4.jpg\" alt=\"Ulaanbaatar city view\" \/><figcaption class=\"elementor-image-carousel-caption\">Ulaanbaatar city view<\/figcaption><\/figure><\/a><\/div>\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-swiper-button elementor-swiper-button-prev\" role=\"button\" tabindex=\"0\">\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"eicon-chevron-left\"><\/i>\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-swiper-button elementor-swiper-button-next\" role=\"button\" tabindex=\"0\">\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"eicon-chevron-right\"><\/i>\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"swiper-pagination\"><\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-daef403 elementor-widget elementor-widget-text-editor\" data-id=\"daef403\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>He has still had to take on some personal challenges, however, such as learning how to speak the local language.<\/p><p>\u201cI have to communicate in Mongolian with many of our business partners here,\u201d Lee says. \u201cAs I am not yet fluent, I tend to communicate with our employees together to avoid misunderstandings in business situations. I also try to speak Mongolian a lot in everyday life, such as in restaurants \u2013 although pronunciation is difficult!\u201d<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fa74036 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fa74036\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-182909c\" data-id=\"182909c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-90ac88b elementor-widget elementor-widget-heading\" data-id=\"90ac88b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Secrets behind their success<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d72ad4 elementor-widget elementor-widget-text-editor\" data-id=\"4d72ad4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>There are several reasons why Lee and his team feel they have been able to enjoy success trading out of Ulaanbaatar. One of them is being able to freely express their opinions and listen to each other &#8211; allowing them to make decisions quickly.<\/p><p>\u201cI feel like the employees are friendly and close-knit. The atmosphere in our office is positive. They complement each other well and show mutual respect in their work,\u201d says Lee. He has actively encouraged this cooperative mood, both through office meetings and through staff activities such as when they went horseback riding together as a workshop activity earlier this year.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-352eeaf elementor-widget elementor-widget-image\" data-id=\"352eeaf\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_5.jpg\" data-elementor-open-lightbox=\"yes\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDgxNjksInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjRcLzAzXC9Nb25nb2xpYV81LmpwZyJ9\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1600\" height=\"720\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_5.jpg\" class=\"attachment-full size-full wp-image-48169\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_5.jpg 1600w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_5-500x225.jpg 500w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_5-1024x461.jpg 1024w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2024\/03\/Mongolia_5-1536x691.jpg 1536w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">ERDSAM Corporation fosters a cooperative atmosphere through positive communication and team-building activities.<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46c4303 elementor-widget elementor-widget-text-editor\" data-id=\"46c4303\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Good communication with partners, customers, and shipping companies is also vital to the subsidiary&#8217;s performance. For instance, they need to effectively coordinate a variety of schedules, needs and demands, which can vary between private companies and state-owned enterprises. By mediating effectively, ERDSAM can ensure smooth progress.<\/p><p>So far so good for Lee, who is filled with hope for the future. He insists, \u201cIt is crucial to maintain a stable copper concentrate trading business while also developing other metal-related business areas in Mongolia.\u201d<\/p><p>\u201cGiven Mongolia&#8217;s abundant resources and its proximity to China, I anticipate that the metal business will remain prominent in Mongolia&#8217;s economy in the future. We will not rest on our laurels and will actively seek out new opportunities for growth,\u201d Lee adds.<\/p><p>With optimism in the air, all of the ERDSAM members want to express their gratitude to their colleagues at Samsung C&amp;T\u2019s headquarters who work alongside them: \u201cWe hope to continue fostering strong collaboration and achieving even greater success together in the future!\u201d<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>We continue our Office Spotlight series by jetting over to a landlocked country on the Central Asian plateau. Around an hour by car from Chinggis Khaan International Airport, we find Samsung C&amp;T\u2019s subsidiary in the Mongolian capital of Ulaanbaatar. Here, Samsung C&amp;T Trading &amp; Investment Group has maintained stable business operations for over 30 years. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":48163,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-48162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-investment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SC&amp;T Office Spotlight: Ulaanbaatar - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2024-03-sct-office-spotlight-ulaanbaatar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SC&amp;T Office Spotlight: Ulaanbaatar - Samsung C&amp;T Newsroom\" \/>\n<meta property=\"og:description\" content=\"We continue our Office Spotlight series by jetting over to a landlocked country on the Central Asian plateau. Around an hour by car from Chinggis Khaan International Airport, we find Samsung C&amp;T\u2019s subsidiary in the Mongolian capital of Ulaanbaatar. Here, Samsung C&amp;T Trading &amp; Investment Group has maintained stable business operations for over 30 years. 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