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MercoPress, en Español

Montevideo, January 11th 2026 - 12:32 UTC

Investments

  • Monday, March 11th 2024 - 10:56 UTC

    US to help Argentina handle the Paraná Waterway

    Ambassador Stanley, Benvenuto, González Botto, and McConnell signed the document

    Argentine authorities signed a memorandum of understanding (MOU) with the United States whereby the latter's Army Corps of Engineers would get involved in maintenance duties along the Paraná-Paraguay River Waterway, it was reported. US Ambassador to Buenos Aires Marc Stanley was present at the ceremony involving the Argentine agency managing the waterway and the General Ports Administration (AGP).

  • Wednesday, March 6th 2024 - 10:40 UTC

    Brazilian Air Force phasing out iconic Hercules

    The iconic model will be replaced by the locally-built KC-390

    Brazil's Air Force (FAB) is phasing out the iconic US-built Lockheed C-130 Hercules four-engined turboprop aircraft to replace it with the locally-produced Embraer KC-390 Millennium, of which a total of 19 units are expected to be delivered.

  • Tuesday, March 5th 2024 - 16:42 UTC

    Falklands budget increase for national sports facility including artificial ice for skating ring

    The agreed philosophy for this project has always been to produce the best quality sports facilities and to have facilities designed by sports people for sports people.

    In 2019 the Falkland Islands Government (FIG) and the National Sports Council (NSC) agreed that investment in sports in the Falkland Islands was a key priority and a dedicated sports facility should be developed. FIG’s technical experts calculated that the cost of the facilities that would be required to future proof the facility would be around £6-£10m depending on detailed specifications.

  • Tuesday, March 5th 2024 - 11:05 UTC

    Falkland Islands progresses port facility project with Harland and Wolff

    Harland and Wolff's selection holds historical significance, as the company previously constructed the existing port facility over four decades ago

    In a bid to enhance its infrastructure, the Falkland Islands Government (FIG) has taken significant steps towards the replacement of the Stanley port facility, known as FIPASS. Following recent executive council meetings, two pivotal papers have been approved to advance the project.

  • Monday, March 4th 2024 - 10:27 UTC

    Tsakos closing Montevideo naval operations

    Tsakos will remain in Uruguay doing business in renewable energies, agro-forestry, and real estate

    The Greek company Tsakos announced it was closing its naval operations in Uruguay but will keep other investments in the South American country, it was reported in Montevideo after early versions that the firm was departing altogether.

  • Thursday, February 29th 2024 - 11:31 UTC

    Uruguay signs MOU to produce green hydrogen locally

    In the long run, synthetic fuel could be used as a substitute for the fuel currently in use, Paganini explained

    The Government of Uruguay Wednesday signed a memorandum of understanding (MOU) with the company HIF for the building of a green hydrogen plant in the department (province) of Paysandú. The US$ 6 billion investment is expected to generate some 3,000 jobs.

  • Wednesday, February 28th 2024 - 17:00 UTC

    “Land Rover of the skies manufacturer” facing financial problems

    Britten Norman's William Hynett, left, with Bob Seely MP in September

    Six months after Isle of Wight aircraft manufacturer, Britten-Norman launched a plan to quadruple its output, the historic firm's future hangs in the balance. The maker of the affectingly known 'Land Rover of the skies' is considering bringing in administrators, according to reports.

  • Wednesday, February 28th 2024 - 10:35 UTC

    Argentina Leading steel producer to cut output due to crisis

    “We stop production to adjust the level of stock to the lower current and projected sales,” an Acindar executive explained

    Argentine steel producer Acindar will stop output at its four plants in the country between March 18 and April 15 as a result of the country's recession which led to a drop in sales of around 40%, it was announced Tuesday.

  • Tuesday, February 27th 2024 - 10:35 UTC

    Satellite internet providers allowed to operate in Argentina

    The measure reaches Musk's Starlink, Amazon's Kuiper, and also One Web

    Argentine authorities approved in a resolution published Monday in the Official Gazette that companies such as Amazon Kuiper, OneWeb, and Elon Musk's Starlink may start providing satellite internet connectivity to local users, it was reported in Buenos Aires. The service will become available in the second quarter of 2024.

  • Monday, February 26th 2024 - 21:59 UTC

    Argentina develops ejector seat cartridge tester, aims to counter British embargo

    The new test bench offers the potential to bring these jets back into service without relying on foreign suppliers, particularly the United Kingdom.

    Argentina's Scientific and Technical Research Institute for Defense (CITEDEF) has successfully certified its own ejector seat cartridge tester to extend the life of the Super Etendard/SEM of the Naval Aviation Command (COAN), a key development in the country's efforts to achieve self-sufficiency in the defense sector. Since their acquisition in 2019, these jets have been grounded due to the British veto on the supply of essential ejection seat pyrotechnics, effectively rendering them inoperable.