Newsan Foods invests $2.1 mn in developing mussel production

Newsan Group, the leading manufacturer of electronic products in Tierra del Fuego, will invest 200 million pesos ($2.1 mn) in an aquaculture project to develop the production of mussels in the Beagle Channel. The initiative is part of a diversification of activities of the national capital company, which had already ventured into the fishing and food sectors through its Newsan Food division. The company currently exports to more than 70 countries and has an annual turnover of $180

Globant and Mercado Libre announce 1,000 scholarships for young people

Globant and Mercado Libre, in partnership with Digital House, presented in December Certified Tech Developer a training scholarship program designed to achieve the rapid employment of thousands of young people in Latin America. Due to the great demand, they have advanced scholarships and plan to deliver 2,5000 in 2021. To apply, please contact: https://www.digitalhouse.com/ar/acciones/certified-tech-developer

Covid: Argentina could manufacture almost 200 million vaccines

Argentina is one of the 35 countries worldwide where the vaccine to combat the coronavirus is manufactured, together with Brazil and Mexico. In the AstraZeneca vaccine, the active ingredient part produced in the MAbxience laboratory, where 90 million doses have been made and expect to reach 180 million this year. Sputnik V's fractionation and packaging part carry out since last week at the MR Pharma laboratory, where they hope to produce 5 million doses per month. On the other hand, negotiations are progressing to make the Chinese vaccine Sinopharm at Sinergium Biotech part of the Insud Group.

Agribusiness companies raise millions of dollars in financing on capital markets

The fertilizer company Profertil completed the placement of its first debentures for a total amount of $25 million. The issue was made through the dollar link instrument, at a rate of 2.49%, with a maturity of 24 months. Molinos Agro followed the same path, which weeks ago placed debentures for a total of $53.8 million. Morixe made its first issue of debentures for $4.2 million on the local stock exchange in June. The seed company Asociados Don Mario will launch its Series VI for up to $8 million.