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Due in part to tax incentives, over 80% of Argentina's soybean harvest is processed into soybean meal and oil (as opposed to being sold as unprocessed beans) vs. 60% in the United States and 35% in Brazil. As a result, Argentina is typically the world's top exporter of soybean co-products with 40-50% global market share. [15]
Bagley Argentina S.A. is an Argentine food company with its main plant located in Buenos Aires. Established by U.S.-born entrepreneur Melville Sewell Bagley in 1864, the company (owned by French multinational Danone since 1994) had a wide variety of brands, having specialised in the production of crackers and cookies .
Location of Argentina. Argentina is a federal republic in the southern half of South America. Sharing the bulk of the Southern Cone with its neighbor Chile to the west, the country is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south.
Havanna Holding S.A. [6] (mostly known for its trade name Havanna) is an Argentine manufacturer of food products, mostly known for its alfajores.The firm was founded in 1948 by Benjamín Sisterna, Demetrio Elíades, and Luis Sbaraglini and began its activities as a producer of alfajores in the city of Mar del Plata.
Its paste is soft and somewhat elastic, and it is matured between 20 and 30 days. [22] Cremoso is derived from the cheeses of Italy and Switzerland. [9] As its name suggests, Cremoso varies between a somewhat elastic texture, and a creamy and sticky consistency. [9] It is the most popular cheese in Argentina, as it is prized for its high ...
In order to consolidate its position in the market, in 1993 Arcor bought "Chocolates Águila", a traditional chocolate manufacturer of Argentina established in 1880 by Abel Saint and mostly known for its chocolate bars. [9] Arcor expanded the Aguila brand adding several products (such as ice creams, alfajores, and even candies) to its line. [10]
HSBC has agreed to sell its business in Argentina to Grupo Financiero Galicia — the largest private financial group in the country — for $550 million, the UK-based bank said Tuesday.
In relation to other Latin American countries, Argentina has a moderate to low level of income inequality. Its Gini coefficient is of about 0.407 (2022). [199] The social gap is worst in the suburbs of the capital, where beneficiaries of the economic rebound live in gated communities, and many of the poor live in slums known as villas miserias ...