Inversiones Y Representaciones Sociedad Anónima (IRSA)
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Inversiones Y Representaciones Sociedad Anónima (IRSA)
Inversiones y Representaciones Sociedad Anónima (IRSA) is the leading real estate development firm in Argentina. Its controlled by Cresud S.A. ( NASDAQbr>CRESY in a 64%. Overview IRSA (Investments and Brokerage, Inc.) was founded as a realty by Eduardo Elsztain, an Argentine Jewish immigrant, in 1943. The small independent realty, based in Buenos Aires, grew slowly and, as late as 1991, had a book value of around US$120,000. That year, the firm was purchased by a partnership composed of Marcelo Mindlin and Eduardo Elsztain, the founder's grandson, who had recently obtained support from international financier George Soros.Salbuchi, Adrian. ''Eduardo Elsztain: el dueño de la tierra en Argentina''. The partnership with Soros became profitable for both parties, as the Argentine economy recovered during the 1990s from the severe stagflation of the previous decade. IRSA entered the international equity markets with Soros' backing in 1994, raising US$110 million, and purchased ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Argentine Economy
The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina is a developing country with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Argentina benefits from rich natural resources. Argentina's economic performance has historically been very uneven, with high economic growth alternating with severe recessions, particularly since the late twentieth century. Income maldistribution and poverty have increased since this period. Early in the twentieth century, Argentina had one of the ten highest per capita GDP levels globally. It was on par with Canada and Australia, and had surpassed both France and Italy. Argentina's currency declined by about 50% in 2018 to more than 38 Argentine pesos per U.S. Dollar. As of that year, it is under a stand-by program from the International Monetary Fund. In 2019, the currency fell further by 25%. In 2020, it fell by 90%, in 2021, 68%, and a ...
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Agriculture In Argentina
Agriculture is one of the bases of Argentina's economy. Argentine agriculture is relatively capital intensive, today providing about 7% of all employment,Ministerio de Economía y Producción – República Argentina
and, even during its period of dominance around 1900, accounting for no more than a third of all labor.Rock, David. ''Argentina: 1516–1982.'' University of California Press, 1987. Having accounted for nearly 20% of GDP as late as 1959, it adds, directly, less than 10% today. Agricultural goods, whether raw or processed earn over half of Argentina's foreign exchange and arguably remain an indispensable pillar of the country's social progress and economic prosperity. An estimated 10-15% of Argentine farmland is foreign owned. One fourth of ...
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Art Deco
Art Deco, short for the French ''Arts Décoratifs'', and sometimes just called Deco, is a style of visual arts, architecture, and product design, that first appeared in France in the 1910s (just before World War I), and flourished in the United States and Europe during the 1920s and 1930s. Through styling and design of the exterior and interior of anything from large structures to small objects, including how people look (clothing, fashion and jewelry), Art Deco has influenced bridges, buildings (from skyscrapers to cinemas), ships, ocean liners, trains, cars, trucks, buses, furniture, and everyday objects like radios and vacuum cleaners. It got its name after the 1925 Exposition internationale des arts décoratifs et industriels modernes (International Exhibition of Modern Decorative and Industrial Arts) held in Paris. Art Deco combined modern styles with fine craftsmanship and rich materials. During its heyday, it represented luxury, glamour, exuberance, and faith in socia ...
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Abasto De Buenos Aires
The Abasto Shopping is one of the biggest shopping mall centers in Buenos Aires, Argentina. The building was the central wholesale fruit and vegetable market in the city ("Mercado de Abasto") from 1893 to 1984. Since 1999, it has served as a shopping mall. It is also famous for being in the area where the tango singer Carlos Gardel, known as ''El Morocho del Abasto'' ("the dark-haired guy from Abasto"), lived for most of his life. Today, the surrounding area, though part of the Balvanera neighbourhood, is sometimes referred to as ''Abasto''. The Abasto Shopping centre is served by the adjoining underground station Carlos Gardel of line B metro (subte). History By the end of the 19th century, the city of Buenos Aires was expanding rapidly due to the influx of migrants from various European countries. Because of the demographic change, and the demolition of the ''Mercado Modelo'' market near the Plaza Lorea, the Devoto brothers on August 16, 1888, proposed the construction of ...
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Bariloche
San Carlos de Bariloche, usually known as Bariloche (), is a city in the province of Río Negro Province, Río Negro, Argentina, situated in the foothills of the Andes on the southern shores of Nahuel Huapi Lake. It is located within the Nahuel Huapi National Park. After development of extensive public works and Alpine-styled architecture, the city emerged in the 1930s and 1940s as a major tourism centre with skiing, Backpacking (wilderness), trekking and mountaineering facilities. In addition, it has numerous restaurants, cafés, and chocolate shops. The city has a permanent population of 108,205 according to the 2010 census. According to the latest statistics from 2015, the population is around 122,700, and a projection for 2020 estimates 135,704. History The name ''Bariloche'' comes from the Mapudungun word ''Vuriloche'' meaning "people from behind the mountain" ( = behind, = people). The Poya people used the Vuriloche pass to cross the Andes, keeping it secret from the Spani ...
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Llao Llao Hotel
The Llao Llao Hotel is located in the tourist resort of San Carlos de Bariloche within the Río Negro, Argentina. This famous hotel is situated in the foothills of the Andes on a hill between the Moreno Lake and Nahuel Huapi lakes. Information The original hotel, designed by Alejandro Bustillo, was made almost entirely of wood and furnished by Jean-Michel Frank and Casa Comte, was destroyed by fire soon after its completion in 1939. A year later Bustillo built a new hotel out of reinforced concrete and stone, with the assistance of the German landscaping architect Hermann Botrich. It closed in 1976 due to lack of funds for maintenance. While it was closed, the hotel was exposed to robbery, vandalism and overall neglect. It was renovated and reopened in 1993 after ownership was transferred to CEI Citicorp Holdings in compensation for Argentina government bonds. The Argentinian property company IRSA acquired the hotel in 1997 for $13.3 million and later sold 50% of its stake to t ...
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Patio Olmos
Patio Olmos is an architecturally significant shopping gallery in Córdoba, Argentina, and the city's most important. History and overview The development of a suburb southeast of Córdoba proper by developer Miguel Crisol was accompanied by a flurry of public investment. Among the first of such works was the Boys' Middle School, commissioned by Governor José Vicente de Olmos in 1906 and built by the Ministry of Public Works of the Province of Córdoba. Designed by Elías Senestrari, the renaissance revivalist building was inaugurated on November 4, 1909. Governor Olmos, who had recently died, was honored by having the school named after him. Set on the northeast corner of the intersection of three major avenues, the semi-circular school was designed to maximize classroom area, and its original capacity of 500 students was later expanded to 800. The building's condition declined over the decades, however, and a 1977 earthquake in San Juan, Argentina, though over 300 mi (480 ...
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Patio Bullrich
Patio Bullrich is a shopping center located in the Retiro neighborhood of Buenos Aires, Argentina. The building was originally an auction house owned by the Bullrich family, where cattle and pieces of art were auctioned.Familia Bullrich: de la Casa al Patio, la historia ganadera detrás del primer shopping de la Argentina
by Facundo Sonatti on Agrofy, 19 Nov 2021
The then-disused house was refurbished by Grupo IRSA, preserving its original architecture and elements. Under the name "Patio Bullrich", the mall was inaugura ...
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Galerías Pacífico
Galerías Pacífico is a shopping centre in Buenos Aires, Argentina, located at the intersection of Florida Street and Córdoba Avenue. Overview The Beaux Arts building was designed by the architects Emilio Agrelo and Roland Le Vacher in 1889 to accommodate a shop called the ''Argentine Bon Marché'', modelled on the Le Bon Marché in Paris. In 1896 part of the building was transformed into the first home for the Museo Nacional de Bellas Artes and in 1908 the British-owned Buenos Aires and Pacific railway company acquired part of the building for offices. The company's name derived from the fact that its intention was to operate a train service linking Buenos Aires and Valparaíso in Chile, thereby giving access to the Pacific Ocean. From that time onwards the building became known as ''Edificio Pacífico''. Torture chamber In 1987, a film crew uncovered an abandoned torture center in the basement of the building that had been used during the Dirty War. See also *Harrods B ...
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Alto Palermo S
The musical term alto, meaning "high" in Italian (Latin: ''altus''), historically refers to the contrapuntal part higher than the tenor and its associated vocal range. In 4-part voice leading alto is the second-highest part, sung in choruses by either low women's or high men's voices. In vocal classification these are usually called contralto and male alto or countertenor. Such confusion of "high" and "low" persists in instrumental terminology. Alto flute and alto trombone are respectively lower and higher than the standard instruments of the family (the standard instrument of the trombone family being the tenor trombone), though both play in ranges within the alto clef. Alto recorder, however, is an octave higher, and is defined by its relationship to tenor and soprano recorders; alto clarinet is a fifth lower than B-flat clarinet, already an 'alto' instrument. There is even a contra-alto clarinet, (an octave lower than the alto clarinet), with a range B♭0 – D4. Etymo ...
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