“…This government, despite its pro-market orientation, completed most of the industry-specific projects already in place and launched new regional promotion programs. 55 These steps, combined with intense state involvement as a buyer (before and after 1976) and the withdrawal of foreign companies' affiliates in the 1970s (as a result of an international crisis and local economic changes), contributed to strengthening some existing business groups (Bunge y Born, Fabril/Celulosa, Alpargatas) as well as to the creation of new diversified groups (Techint, Fate/Aluar, Arcor, Bridas, Pérez Companc, Pescarmona, Roggio, SOCMA). By the early 1980s, corporate rankings showed the inception and rise of domestic business groups, although, due to Argentina's economic instability, they also demonstrated the demise or decline of others.…”