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Sociedad Comercial Del Plata
Sociedad Comercial del Plata is a diversified Argentine holding company, with interests primarily in the energy, rail transport, real estate, and tourism sectors. Overview Sociedad Comercial del Plata was founded in Buenos Aires on June 7, 1927, and became a holding company with varied interests, primarily real estate. Francisco Soldati (a nephew of José Francisco Soldati, the owner of the city's largest utility, the Italian-Argentine Electric Company, and founder of the Villa Lugano ward of Buenos Aires) bought controlling interest in SCP in 1965, and expanded the company into petroleum transport; he ultimately lost his life in a November 1979 bombing carried out by the far-left Montoneros terrorist group, in one of their last attacks. His son, Francisco, became President of SCP in 1976. SCP remained focused on its fuel and electricity, and established a realty, Del Plata Propiedades, though the group's growth was hampered by the debt and inflation crisis in the local econo ...
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MERVAL
The S&P MERVAL Index (''MERcado de VALores'', ) is the most important index of the Buenos Aires Stock Exchange. It is a price-weighted index, calculated as the market value of a portfolio of stocks selected based on their market share, number of transactions and quotation price. The base of MERVAL is set at 30 June 1986 = 0.01 Argentine pesos. It is part of a joint-venture between S&P Dow Jones Indices and BYMA. The corporations and weighted prices that compose MERVAL are updated every three months, based on their market share during the previous period. As of 30 July 2021 the constituent companies of the index include Aluar (aluminium smelter), BBVA Argentina (financial services), Banco Macro (financial services), Sociedad Comercial del Plata (holding), Edenor (electricity), Grupo Financiero Galicia (financial services), Pampa Energía (energy), Ternium (steel), Telecom Argentina (telecommunications), and YPF (oil and gas). Historical values The following is a table sho ...
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Carlos Menem
Carlos Saúl Menem (2 July 1930 – 14 February 2021) was an Argentine lawyer and politician who served as the President of Argentina from 1989 to 1999. Ideologically, he identified as a Peronist and supported economically liberal policies. He led Argentina as president during the 1990s and implemented a free market liberalization. He served as President of the Justicialist Party for thirteen years (from 1990 to 2001 and again from 2001 to 2003), and his political approach became known as Federal Peronism. Born in Anillaco to a Syrian family, Menem was raised as a Muslim,"Carlos Menem"
''Encyclopædia Britannica''
but later converted to to pursue a political career. Menem b ...
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Córdoba, Argentina
Córdoba () is a city in central Argentina, in the foothills of the Punilla Valley, Sierras Chicas on the Primero River, Suquía River, about northwest of Buenos Aires. It is the capital of Córdoba Province, Argentina, Córdoba Province and the List of cities in Argentina by population, second most populous city in Argentina after Buenos Aires, with about 1.3 million inhabitants according to the 2010 census. It was founded on 6 July 1573 by Jerónimo Luis de Cabrera, who named it after Córdoba, Spain. It was one of the early Spanish colonial capitals of the region that is now Argentina (the oldest city is Santiago del Estero, founded in 1553). The National University of Córdoba is the oldest university of the country. It was founded in 1613 by the Society of Jesus, Jesuit Order. Because of this, Córdoba earned the nickname ''La Docta'' ("the learned"). Córdoba has many historical monuments preserved from Spanish colonization of the Americas, Spanish colonial rule, espe ...
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Ferroexpreso Pampeano
Ferroexpreso Pampeano S.A. (abbreviated FEPSA) is an Argentine private railway company that operates freight services over a network that comprises broad gauge Sarmiento Railway and the Rosario and Puerto Belgrano section of Roca Railway. FEPSA is currently owned by Sociedad Comercial del Plata (SCP), In the past, FEPSA was part of Techint, one of the largest companies in Argentina. FEPSA's operating fleet includes 52 diesel locomotives and 2,106 wagons. History After the entire Argentine rail network was privatised in the early 1990s, the Government of Argentina granted a concession to the company to operate freight services within provinces of Buenos Aires and La Pampa but with branches extending into neighbouring Córdoba, San Luis and Santa Fe provinces. The former Rosario and Puerto Belgrano Railway section is the most heavily used branch. Ferroexpreso Pampeano started operations in November 1991. In 2014, Ferroexpreso Pampeano carried 350,000 tonnes of foodst ...
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Transener
Transener ( BCBATRAN is the leading Argentine company in the transmission of extra high voltage electric power. The company owns the national extra high voltage transmission network, comprising almost 8,800 kilometers (5,500 mi) of transmission lines. Another 5,500 miles of lines belong to the distribution network and subsidiary, Power Distribution Transport Company of the Province of Buenos Aires S.A. (Transba S.A.). Purchasing the power transmission network from a State enterprise, ''Compañia de Tranporte de Energía en Alta Tensión'', upon its 1993 privatization, Transener operates 95% of the high voltage lines in Argentina, and is a subsidiary of Pampa Energía, the largest private electricity producer in the country. Controlled by local conglomerate Pérez Companc until 2003, Pampa Enegía gained control of the company in 2004, when it bought a controlling stake from Brazilian energy giant Petrobras Petróleo Brasileiro S.A., better known by the portmanteau Petr ...
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Telefónica De Argentina
Telefónica, S.A. () is a Spanish multinational telecommunications company headquartered in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadband, and subscription television, operating in Europe and the Americas. As well as the Telefónica brand, it also trades as Movistar, O2, and Vivo. The company is a component of the Euro Stoxx 50 stock market index. History * The company was created in Madrid in 1924 as Compañía Telefónica Nacional de España (CTNE) with ITT as one of its major shareholders. * In 1945, the state acquired by law a share of 79.6% of the company. This stake was diluted by a capital increase in 1967. * Until the liberalisation of the telecom market in 1997, Telefónica was the only telephone operator in Spain. It still holds a dominant position (over 75% in 2000). * Nowadays, Telefónica is present in more than 20 countries around Europe and America. ...
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Telefé
Telefe (acronym for Televisión Federal) is a television station located in Buenos Aires, Argentina. The station is owned and operated by Paramount Global through Televisión Federal S.A. Telefe is also one of Argentina's six national television networks. Its studios are located on Martínez, Buenos Aires, adjacent to the corporate headquarters; its transmitter is located at the Alas Building. In areas of Argentina where a Telefe station isn't receivable over-the-air, it is available on satellite and select cable systems. Telefe also has regional stations across the country and an international network (Telefe Internacional) which is available in the Americas, Europe, Asia, and Oceania. History First years (1957–73) The history of Telefe stretches back to 1957, when a group of alumni and lawyers from the Colegio El Salvador led by Fr. Héctor Grandetti, founded the company ''Difusión Contemporánea S.A.'' (Contemporary Broadcasting S.A.). This company, known as ''DiCon'' f ...
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Water Supply And Sanitation In Argentina
Drinking water supply and sanitation in Argentina is characterized by relatively low tariffs, mostly reasonable service quality, low levels of metering and high levels of consumption for those with access to services. At the same time, according to the WHO, 21% of the total population remains without access to house connections and 52% of the urban population do not have access to sewerage. The responsibility for operating and maintaining water and sanitation services rests with 19 provincial water and sewer companies, more than 100 municipalities and more than 950 cooperatives, the latter operating primarily in small towns. Among the largest water and sewer companies are Agua y Saneamientos Argentinos (AYSA) and Aguas Bonarenses S.A. (ABSA), both operating in Greater Buenos Aires, Aguas Provinciales de Santa Fe, and Aguas Cordobesas SA, all of them now publicly owned. In 2008 there were still a few private concessions, such as Aguas de Salta SA, which is majority-owned by Argent ...
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Rail Transport In Argentina
The Argentine railway network consisted of a network at the end of the Second World War and was, in its time, one of the most extensive and prosperous in the world. However, with the increase in highway construction, there followed a sharp decline in railway profitability, leading to the break-up in 1993 of Ferrocarriles Argentinos (FA), the state railroad corporation. During the period following privatisation, private and provincial railway companies were created and resurrected some of the major passenger routes that FA once operated. Dissatisfied with the private management of the railways, beginning in 2012 and following the Once Tragedy, the national government started to re-nationalise some of the private operators and ceased to renew their contracts. At the same time, Operadora Ferroviaria Sociedad del Estado (SOFSE) was formed to manage the lines which were gradually taken over by the government in this period and Argentina's railways began receiving far greater invest ...
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Electricity Sector In Argentina
The electricity sector in Argentina constitutes the third largest power market in Latin America. It relies mostly on thermal generation (60% of installed capacity) and hydropower generation (36%). The prevailing natural gas-fired thermal generation is at risk due to the uncertainty about future gas supply. Faced with rising electricity demand (over 6% annually) and declining reserve margins, the government of Argentina is in the process of commissioning large projects, both in the generation and transmission sectors. To keep up with rising demand, it is estimated that about 1,000 Watt#Megawatt, MW of new generation capacity are needed each year. An important number of these projects are being financed by the government through trust funds, while independent private initiative is still limited as it has not fully recovered yet from the effects of the Argentine economic crisis (1999-2002), 2002 Argentine economic crisis. The electricity sector was unbundled in electricity ge ...
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Natural Gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon dioxide, nitrogen, hydrogen sulfide, and helium are also usually present. Natural gas is colorless and odorless, so odorizers such as mercaptan (which smells like sulfur or rotten eggs) are commonly added to natural gas supplies for safety so that leaks can be readily detected. Natural gas is a fossil fuel and non-renewable resource that is formed when layers of organic matter (primarily marine microorganisms) decompose under anaerobic conditions and are subjected to intense heat and pressure underground over millions of years. The energy that the decayed organisms originally obtained from the sun via photosynthesis is stored as chemical energy within the molecules of methane and other hydrocarbons. Natural gas can be burned fo ...
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Communications In Argentina
Communications in Argentina gives an overview of the postal, telephone, Internet, radio, television, and newspaper services available in Argentina. Postal The national postal service, Correo Argentino, was established in 1854, privatized in 1997, and partly re-nationalized in 2003. There are no standard abbreviations for provinces' names; but the province name is optional and usually not needed if the postal code is correct. The format of the postal code was expanded in 1998 to include more specific information on location within cities; it now uses a letter that identifies the province, a four-digit number, and then three more letters (and slightly different numbers are used for different parts of a city, which was formerly done only in the case of Buenos Aires). See Argentine postal code for details. Telephone The network was initially developed primarily by ITT, and grew following the system's nationalization in 1948 and the creation of the ENTel State enterprise. Its limitat ...
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