
FATE is a privately held argentinean company, focused on development and production of tires for cars, light trucks, heavy trucks and agricultural machinery. Sources main OE manufacturers and replacement markets in South America with high-quality products.
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
FATE SAICIYou | 0 | 0 | — | 0 | 0 |
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Leiser Madanes, a Polish immigrant, founded FATE, starting as a street vendor and evolving into a tire manufacturing empire in Argentina.
Javier Madanes, owner of Aluar and Fate, expressed discomfort with the narrowing exchange rate gap, stating Argentina needs capital controls. Government officials responded critically to his comments.
Police clashed with protesters demonstrating against layoffs at Fate tire factory in Buenos Aires. One officer was injured during the incident.
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