Axel Kicillof headed by Hernán Lorenzino. After that, on November 18, 2013, Kicillof officially became Minister of Economy. Kicillof was instrumental in the renationalization of YPF. President Cristina Fernández de Kirchner named Kicillof to the post of Secretary (or Deputy Minister) for Economic Policy and Development Planning in December 2011. He took academic leave to assume this post. In this position, Kicillof oversaw the controversial 2012 nationalization of YPF, the Argentine oil company then controlled by the Spanish energy firm Repsol. It was the largest expropriation in Argentina's history. He justified this action as part of a needed reversal of the Argentinian
Railway nationalisation in Argentina French companies, Argentine ones also became part of "Ferrocarriles Argentinos", the state-owned company specifically created after the nationalisation to manage the entire railway network. The list of companies taken over by each division was as follows: Notes: After the nationalisation, maps of the six railway divisions managed by state-owned Ferrocarriles Argentinos were as follows: Argentines saw railway nationalisation as a major step towards the economic independence of their country which had for so long been under the influence of foreign capital. Nationalisation of the railways, the central bank, the telephone system and the docks were part of Perón's economic recovery