, ▁account ed ▁for ▁approximately ▁ 7 0 ▁per ▁cent ▁of ▁the ▁exchange ’ s ▁market ▁capital isation . ▁ ▁In ▁February ▁ 2 0 1 4 , ▁U AG ▁acquired ▁the ▁Uruguay an ▁assets ▁of ▁Argent ine ▁group ▁El ▁Te jar , ▁some ▁ 3 3 , 0 0 0 ▁hect ares ▁of ▁far ml and , ▁making ▁U AG ▁one ▁of ▁Uruguay ’ s ▁top ▁land own ers ▁and ▁Latin ▁America ’ s ▁biggest ▁ag rib us iness es . ▁ ▁Gran os ur ▁is ▁a ▁wh olly ▁owned ▁subs idi ary ▁of ▁U AG , ▁focused ▁on ▁physical ▁gra in ▁trad ing , ▁storage ▁and ▁log istics . ▁It ▁has ▁more ▁than ▁ 8 1 , 0 0 0 ▁t onnes ▁of ▁gra in ▁storage ▁capacity ▁across ▁five ▁different ▁locations ▁in ▁Uruguay . ▁ ▁On ▁ 1 8 ▁June ▁ 2 0 1 5 , ▁U AG ▁announced ▁that ▁it ▁would ▁issue ▁shares ▁for ▁US $ 7 4 ▁million , ▁allowing ▁the ▁company ▁to ▁expand ▁its ▁capital ▁base , ▁following ▁an ▁annual ▁loss ▁of ▁US D ▁ 4 8 ▁million . ▁ ▁Oscar ▁Costa ▁was ▁appointed ▁as ▁CE O ▁of ▁U AG ▁in ▁June ▁ 2 0 1 5 . ▁The ▁U AG ▁management ▁team ▁also ▁includes : ▁Jose ▁Pedro ▁San chez , ▁Deput y ▁CE O ; ▁Oscar ▁León , ▁C FO ; ▁Ed g ardo ▁Card oz o , ▁Director ▁and ▁Techn ical ▁Ad visor ; ▁and ▁August ine ▁Lis orio , ▁General ▁Manager ▁of ▁Gran os ur