Address: European Cooperative House
Avenue Milcamps 105, 1030 Brussels, Belgium
Telephone: +32 2 543 1033
Email: cecop@cecop.coop

The main Italian business daily praises the Mondragon cooperative group

13 April 2007 [ English ] français ]

The main Italian business daily newspaper "Il Sole 24 Ore" in its issue of 10 April published an article on the Mondragon cooperative group, mainly made up of industrial cooperatives.

The article praises the economic health of this 9th Spanish business group with 13 billion € in turnover and 82 000 workers, while noting that it has no intention and no need to be listed on the stock exchange. Instead, as the author remarks, at the centre is the worker-member, who participates in the group’s capital, management and benefits. He also underlines that the worker enjoys total labour security, at the same time as the group is expanding across the world.

Click below to read the article in Italian