Of the original list of 41 companies that Javier Milei’s government intended to privatize when it first presented the Omnibus bill, YPF was the first to fall by the wayside. Then the number of shares that could be transferred from three others was limited: Banco Nación, the satellite company Arsat and Nucleoeléctrica Argentina, the electricity production company that operates Embalse, Atucha I and Atucha II.
That’s how the project got into Congress. But in the negotiations with the opposition to approve the megalaw, Chapter II of the majority opinion on the privatization of public companies another 9 of the 37 remaining were removed:
- He BICE (Bank for Investment and Foreign Trade)
- THE Exchange house
- Coast Radio
- Radio University of Cordoba
- Come (New Generation Space Vehicle), an aerospace company controlled by Conae.
- Dionisio water mineral deposits (Catamarca Mining Company)
- Dioxitek (uranium dioxide production)
- The Cordoban Argentine aircraft factory
- military artifacts
Furthermore, it is confirmed Banco Nación, Arsat and Nucleoeléctrica They can only be partially privatized and the State must maintain a majority stake in the capital or in the formation of corporate decisions.
Thus, finally, the 27 companies that could be transferred to the private sector were divided into three annexes: general companies, those related to transport and, finally, those related to media and content:
In the first group there are:
- The General Administration of Ports HE
- Aysa
- Argentine airlines
- Argentine post
- YCRT
- Construction of accommodation for the Argentine Navy SE
- Argentine energy (formerly Enarsa)
- Interload
- Agricultural technological innovations SA (INTeA)
- Buenos Aires Railway Beaches SA
- Constituent Technological Pole SA
- Tandanor (Officine Navali Darsena Nord SACI and N.)
- Stock market nation SA
- Reinsurance nation SA
- Pension Insurance Nation SA
- National services SAH
In a second package there are:
- The Railway Infrastructure Administration
- Railway operator
- Belgrano Cargo and Logistics
- Argentine railways
- Argentine air navigation company
- Development of Railway Human Capital
- Road corridors
And media and content companies:
- The news agency Telam
- To educate
- Public Content
- Argentine radio and television
There is one company, Pellegrini, which is a mutual fund manager of Banco Nación, which was on the original list of companies to be privatized but has disappeared since the last count. It is not known whether the idea was to remove it or whether it fell by the wayside in the heat of negotiations.
Source: Clarin
