La Suipachense will resume operations after the courts approved leasing the industrial plant and its brands to a new company.
La Suipachense will resume operations after nine months of closure.
The courts approved the lease of the industrial plant and its brands to a new company.
In the Buenos Aires province city of Suipacha, locals expect to recover jobs and reactivate part of the dairy sector network.
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The tire factory Fate announced the permanent closure of its plant in Virreyes, San Fernando, and the layoff of 920 employees, sparking protests from workers and unionists who entered the premises by breaking a fence. The government issued a 15-day mandatory conciliation and ordered the suspension of dismissals, but the company stated it would formally comply without resuming operations due to lack of inputs. The judiciary ordered the eviction of the property, as tension escalates with police presence.
Javier Milei's government confirmed the restart of the Santa Cruz river hydroelectric complex works, halted since he took office. The project, funded by Chinese banks and executed by Gezhouba, aims to add energy to the electrical system and strengthen ties with China. Economy Minister Luis Caputo announced progress on the Cepernic dam, potentially completing in 2030.
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Arcor and Danone have advanced in the joint acquisition of the remaining 51% of Mastellone Hermanos, owner of La Serenísima, securing full control of the company. The deal, executed through Bagley Argentina, involves creating a joint venture to integrate their dairy businesses. The agreement awaits regulatory approvals.
Spain's Supreme Court Contentious-Administrative Chamber has denied Santa Bárbara Sistemas' precautionary measure to suspend 3,000 million euros in state loans to the Indra and Escribano Mechanical & Engineering joint venture. The court finds no evidence of imminent and irreparable harm to General Dynamics' subsidiary. It emphasizes the significant public interest in national defense modernization.
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Argentina's Senate approved President Javier Milei's bill on Thursday night, allowing governors to override federal protections on glaciers and periglacial zones to enable copper mining investments. The measure, now heading to the Chamber of Deputies, aims to unlock copper deposits worth billions of dollars. Companies like BHP and Glencore plan to invest up to US$40,000 million in the region.
President Claudia Sheinbaum denied that the Deer Park refinery, under Pemex control, is in poor condition, despite reports of 80 million dollars in losses in 2025. She stated that the plant is undergoing scheduled maintenance and is functioning well. She explained that such processes are routine in any factory.
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President Claudia Sheinbaum requested that in the judicial process of Altos Hornos de México (AHMSA), workers' labor rights be prioritized over creditors. At an event in Monclova, Coahuila, she emphasized the need to reactivate the steelmaker to prevent its dismantling and regional economic decline.