Report from Mondragon Cooperatives

Mondragon cooperatives in industrial sector created 1,000 jobs in 2014.

The headlines:

  • The Corporation’s cooperatives have 74,117 workers. Last year, sales totalled about €11,000 million, while investment amounted to €345 million.
  • Internationalisation continues, with 125 production subsidiaries abroad – 3 more than the year before.
  • With 479 patent families, Mondragon accounts for 25% patents in the Basque Country, participating in more than 30 R&D cooperation projects at the European level.
  • CEO Javier Sotil expects the Corporation to keep the job creation pace in 2015.

Read the press release from Mondragon.