News of companies

Mercado Libre founder vows ​​US$75-million investment as he hosts Milei

05-09-2024 11:41 President Javier Milei received by Mercado Libre founder Marcos Galperin as he visits offices of tech giant; Entrepreneur, who is gripped in a “cartelisation” battle with Argentina’s banks, says US$75-million investment will create 2,300 new jobs at logistics centre.

Bus firms part-owned by Milei’s father received huge state subsidies

25-06-2024 14:10 Journalistic report discovers state gave US$33 million to Norberto Milei’s transport companies in subsidies between 2005 and 2007. After selling his shares, he gifted assets to his children.

Corporate shortfall: Women far from reaching 50% of corporate leadership positions

08-03-2024 06:10 Despite the increased presence of women on boards of directors, the corporate world is still largely run by men.

'Los dueños de la tierra': Argentina’s 20 biggest landowners

24-02-2024 06:25 Among those who concentrate the most terrain are businessmen and groups with between 100,000 and over a million hectares of land of every type. Some like Benetton or the Cresud, owned by Eduardo Elsztain, are better-known, but companies with Chinese, Swiss and Chilean capital also appear, along with bit players.

by Ariel Stemphelet

Spanish multinational Inditex exits Argentina by franchising Zara

20-07-2023 12:16 Spanish giant Inditex has decided to transfer the management of its brands' operations in Argentina and Uruguay mainly due to import restrictions.