Mirgor suspends layoffs through October 8: what it means for Mirgor stock
Published on 10/16/2026 at 01:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSLabor terms and financing dates
- Mirgor and the UOM agreed on October 1, 2026 to suspend layoffs through October 8 with 75 percent pay.
- Mirgor issued USD 17.62 million in additional notes and ARS 10.97 billion in Class VII notes on September 11, 2026.
- Mirgor is scheduled to publish its next report on December 2, 2026.
Mirgor agreed with the UOM union to suspend announced layoffs through October 8, 2026, while affected workers received 75 percent of daily net pay. Radio Fueguina reported the agreement on October 1, 2026, after it was signed on September 30.
What does the labor deal mean?
The agreement buys time for negotiations but preserves the central employment dispute. The source said the suspension covered workers affected by layoffs announced on September 30, 2026, and that the parties would continue discussions through October 8.
The 75 percent compensation level gives the arrangement a measurable cost while leaving the final outcome open. For Mirgor, the issue matters alongside a sharp contrast in its latest operating figures.
Second-quarter profit fell sharply
Mirgor reported ARS 629.65 billion in revenue and ARS 789.00 million in net income for the second quarter of 2026. Revenue was 0.82 percent below the previous quarter, while net income fell from ARS 21.89 billion in the first quarter to ARS 789.00 million. Investing.com lists the figures and identifies the reporting currency as ARS.
Three dated developments
On June 30, 2026, Mirgor reported ARS 629.65 billion in second-quarter revenue and ARS 789.00 million in net income. On September 11, 2026, it issued additional Class VI notes worth USD 17.62 million and Class VII notes worth ARS 10.97 billion, according to Bruchou and Funes de Rioja. On September 30, 2026, Mirgor and the UOM signed the temporary layoff agreement.
Dates for the next report
TradingView lists December 2, 2026, as the next earnings report date. The notes issued on September 11, 2026 include a May 28, 2028 maturity date for the additional Class VI notes.
Mirgor's financing adds context
The labor agreement and the September financing point to two separate pressures for Mirgor: workforce negotiations and funding needs. The latest quarter shows why the distinction matters, with ARS 789.00 million of net income against ARS 629.65 billion in revenue.
Mirgor at a glance
- Company: Mirgor Sociedad Anonima, Comercial, Industrial, Financiera, Inmobiliaria y Agropecuaria
- ISIN: ARP6823S1295
- Ticker: MIRG.CI
- Primary exchange: Buenos Aires Stock Exchange
- Sector / Industry: Producer Manufacturing / Industrial Machinery
- Latest reported revenue: ARS 629.65 billion for the second quarter of 2026
- Latest reported net income: ARS 789.00 million for the second quarter of 2026
Market context: Latest market reports.
