“Uruguay started to build a National Climate Change Policy for the next 40 years”

2017-02-20T02:58:29-03:00May 17, 2016|Categories: Economy, Health, Science and Technology, Home, Newsletter, Society|Tags: |

Ramón Méndez is the driven force behind Uruguay’s energy diversification. Recently, Fortune magazine included Mendez in their 2016’ 50 World Greatest leaders poll. In this interview Méndez tells about the process made by Uruguay for a consensual national energy policy and the steps completed to challenge climate change, making the country a Global role model. [...]

The discovery of offshore oil in Uruguay and its multiple scenarios

2017-02-20T02:58:39-03:00April 5, 2016|Categories: Economy, Health, Science and Technology, Home|

Oil companies Total and ExxonMobil started drilling in the Uruguayan maritime platform searching for hydrocarbons. Uruguayan Industry minister Carolina Cosse said that the results are expected in 100 days, but Andrés Tierno Abreu – Uruguayan member of the World Petroleum Council- alleged that it would depend on different factors. The well is being made in [...]

Uruguay: a pillar of renewable energy in Latin America

2016-04-01T10:08:16-03:00March 29, 2016|Categories: Economy, Home, Society|

The country plans to increase to a 35% its wind generated electricity in 2017. In addition new laws are passed to promote photovoltaic projects. In only one decade Uruguay achieved a task that seemed unimaginable, to become the Latin American country with the biggest proportion of wind generated electricity and one of the global leading [...]

Billionaire Alejandro Bulgheroni Has New Wine Dreams for South America

2017-02-20T02:58:46-03:00March 15, 2016|Categories: Economy, Home, Society|Tags: , |

The oil magnate sits down for an interview about his burgeoning wine empire, and opens up about his dream to launch Patagonia's first ice wine. It was twilight when Alejandro Pedro Bulgheroni first saw a 2,200-hectare property for sale in rural Garzón, just north of Uruguayan resort Punta del Este, where he has a beach [...]

Uruguay has the leading Mega Pharma plant in Latin America

2016-03-14T17:41:54-03:00March 14, 2016|Categories: Economy, Health, Science and Technology, Home, Society, Weekly Newsletter|Tags: , |

The plant demanded an investment of USD 110 million and is located in Parque de las Ciencias Free Trade Zone. The multinational company Mega Pharma opened Mega Labs on March 7. The pharmaceutical plant stands out as the group’s leading and most advanced in Latin America. It’s located in Parque de las Ciencias, at the [...]

Uruguayan ultra-fine wool awarded at “Innovagro 2015”

2017-02-20T02:59:35-03:00September 10, 2015|Categories: Economy, Home, Society, Weekly Newsletter|

The Ministry of Livestock distinguished the Regional Consortium for Ultrafine Wool Innovation of Uruguay (CRILU for its Spanish acronym) for achieving the international distinction "Innovagro 2015". The group is made up of the National Agricultural Research Institute (INIA for its Spanish acronym) and the private sector. "It's scientific innovation introduced in Australian Merino sheep reinforcing [...]

Uruguay will have 1,600 megawatts of wind power by 2017

2017-02-20T02:59:35-03:00September 10, 2015|Categories: Economy, Society, Weekly Newsletter|

A new wind farm called MeloWind has already been connected in Cerro Largo and extends over 21 hectares, with an output of 50 megawatts that will be used to supply energy to UTE. The agreement was signed with the Uruguayan subsidiary of the Italian company Enel-Green Power. The MeloWind wind farm, built and operated by [...]

Las calificadoras de riesgo Fitch Ratings y R&I ratificaron el grado inversor de Uruguay

2017-02-20T02:59:39-03:00September 1, 2015|Categories: Economy, Weekly Newsletter|Tags: , , |

En momentos en que la nota de las economías emergentes tambalea, la agencia calificadora Fitch Ratings confirmó el jueves 27 de agosto la calificación de deuda para Uruguay en BBB-, y mantuvo la perspectiva “estable”. Por su parte, la japonesa R&I también mantuvo en BBB- la nota de la deuda uruguaya, pero sorprendió al mejorarle [...]