Argentina · Country watch

Argentina's Country Risk Hits 790; Plantium Plant Closure

Argentina's country risk reaches 790 points, impacting financing, while Plantium shuts down a plant, affecting the agro-tech sector.

Florent Kalfon · 31 October 2026 · 10 articles read

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Business conditions in Argentina are deteriorating as the country risk rises to 790 points, complicating financing. Plantium's plant closure adds to sectoral challenges.

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In this briefing Plantium · Gentec · Argentina · JP Morgan · ACARA · Argentine Association of Automotive Dealers

Companies

Technology
Agriculture

Plantium closes plant, lays off 84 workers

grayscale photo of people sitting on folding chairs — Noralí Nayla / Unsplash

Plantium, an agro-tech firm, has closed its plant and laid off 84 workers due to a financial crisis, reports La Gaceta. The company has been struggling with declining sales and difficulties in collecting payments from clients. Plantium's owner is considering reopening the Villa Constitución facility with a reduced structure. This closure highlights the ongoing challenges faced by technology firms in Argentina amid economic instability.

Impact Agro-tech suppliers to Plantium face disruptions as the company closes its plant.

Sources: La Gaceta ↗, Infobae ↗

Markets

Finance

Argentina's country risk reaches 790 points

Argentina's country risk indicator has climbed to 790 points, marking its highest level this year, according to El Intransigente. This increase complicates financing for both the state and private enterprises. The rise reflects ongoing financial instability and economic challenges within the country, exacerbated by external financial pressures. The elevated risk level may deter foreign investment and increase borrowing costs, adding further strain to Argentina's economic landscape.

Impact Lenders to Argentine firms face higher borrowing costs as country risk rises to 790 points.

Sources: El intransigente ↗

Automotive

Vehicle registrations drop nearly 13% in 2026

Vehicle registrations in Argentina have fallen by almost 13% so far this year, according to El Economista. The Argentine Association of Automotive Dealers (ACARA) reported these figures for October 2026, indicating both year-on-year and month-on-month declines. Dealerships are struggling to boost sales, relying heavily on promotions and discounts to attract buyers. The downturn reflects broader economic challenges and reduced consumer spending power.

Impact Automotive dealers see reduced sales as vehicle registrations drop nearly 13% in 2026.

Sources: El Economista ↗

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