The Albanesi group, one of the leading energy generators and leader in the natural gas commercialisation market in Argentina, will implement an investment plan of more than $600 million. They have been working on a complex financial engineering process that involved the extension of two negotiable obligations and modifications of three foreign financings, which allow them to reduce maturities by more than $90 million between 2021/2022.

Swiss Medical Group, one of Argentina's leading health insurance groups, has acquired a 50% stake in the Instituto Cardiovascular de Buenos Aires (ICBA). The companies agreed on a strategic partnership that aims to strengthen the ICBA's medical project of excellence, to provide better care for its patients and Swiss Medical's members.

Guillermo Nielsen's departure from the presidency of YPF continues to affect the oil company's share price. The stock fell 11.8% on the New York Stock Exchange on Thursday, bringing the company's total stock market valuation to less than $1.3 billion, a floor never been reached before, not even during the expropriation of 51% of the company in April 2012. Since Monday, when rumours of Nielsen's possible resignation began, the stock has fallen 19% and is down 35% in a month.

Mercado Libre's New York Stock Exchange shares have been rising since 23 March and are on track to cross a $100 billion market valuation, tripling their floor from last year. At the close of trading today, Mercado Libre shares on the New York Stock Exchange were up 3.6% and just under $2,000. All because of the boom in its two primary businesses, e-commerce and digital finance, which it leads with its flagship brand, Mercado Pago.

YPF shares fell 6.8% on Wednesday in Buenos Aires and New York. The new drop in the company's shares follows its president's removal, Guillermo Nielsen, and his replacement by the former vice-governor of Santa Cruz, Pablo Gonzalez.

Santander Argentina and Mercado Libre closed an agreement that makes available to users of the e-commerce platform a line of collateral financing for vehicles' online purchase by a single click. The funding has a limit of up to 3.1 million pesos, significantly reducing granting and leaving the paperwork only for the last stage of the operation. The new service has more than 22,000 publications, 75% of which are new vehicles and 25% used.

The Federation of Chambers of the Energy Sector of the Province of Neuquén (Fecene) made the complaint pointing to a company 99% controlled by YPF, called Astra Evangelista (AESA). AESA focused on four pillars: integral construction of works, manufacturing of equipment and process modules, engineering and provision of services in the oil and gas areas. The firm closed contracts below the reference values or minimum floors required to carry out the activity. In 9 months, the company's negative equity grew more than 400%, and as of September 30, the loans granted by YPF to the firm amounted to 8.7 billion pesos ($101.45 mn).