Arcor reduced its losses 90% in 2019

Despite the high volatility in Argentina and the region and the fall in consumption, Arcor reduced its losses by 90% in 2019, according to the economic balance sheet. The Argentine company, dedicated to the production of food for mass consumption, agribusiness and packaging, had a negative result of 144 million pesos ($2.3 mn), in 2018 the loss had accumulated 1.555 billion pesos ($24.9 mn).

Source: Ámbito