Fischer & Schickendantz

Is one of Uruguay’s leading law firms, assisting hundreds of companies and individuals doing business and investing in Uruguay. With a multi-disciplinary team of lawyers, conveyance attorneys, MBAs, and tax accountants, Fischer & Schickendantz prizes its focus on providing a one-stop solution to corporate leaders, both local and from overseas. A full-service law firm, our practice is divided into six core units: Corporate, Real Estate, Litigation, Tax & Incorporation, Immigration Law and Agribusiness, providing the highest level of service and expertise.


    April | 2017

  • The World Bank’s Board of Executive Directors approved the project “Additional Financing: Uruguay Road Rehabilitation and maintenance program”

    The IBRD Loan provides up to USD 70 million with a maturity term of 17.5 years (grace: 5 years). The program’s goal is to improve the conditions of Uruguay's road networks (which is being upgraded under this, and other PPP schemes) and enhance road sector management.

  • March | 2017

  • Uruguayan economy grew 1.1% during the third quarter

    Uruguayan economy grew 1.1% during the third quarter, well above the revised 0.2% sluggish increase in 2016Q2. Real GDP expanded 2.0% y/y in 2016Q3, its fastest pace since 2015Q1. According to the latest Central Bank’s survey, analysts revised upwards their growth forecast for 2016 to 1.3%, from previous 0.4%. In addition, the Japanese credit rating agency Rating and Investment, affirmed Uruguay`s (“BBB-”) rating, while keeping the positive outlook.

  • February | 2017

  • Spanish company Saeta Yield SA will acquire the Carape I and II wind farms in Uruguay

    Spanish renewable energy plants owner Saeta Yield SA has announced it will acquire the Carape I and II wind farms in Uruguay, located in Uruguay’s Maldonado Department, with a combined capacity of 95 MW and with a total of 31 Vestas V112 3.075 MW wind turbines. The output is being sold to local utility Administracion Nacional de Usinas y Trasmisiones Eléctricas (UTE). The transaction would include the buying of the operational plants from Argentine holding company Corporacion America SA and Grupo San Jose. The price exceeds USD 65 million.