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The Mondragon Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain. It was founded in the town of Mondragón in 1956 by Father José María Arizmendiarrieta and a group of his students at a technical college he founded.
Aug 27, 2022 · The Mondragon Corporation, as it’s known, is a voluntary association of ninety-five autonomous coöperatives that differs radically from a conventional company. Each co-op’s...
- Nick Romeo
MONDRAGON Corporation world leader in the co-operative movement, is the largest business group in the Basque Country and the tenth largest in Spain, with important activities in the Financial, Industrial, Retail and Knowledge sectors.
- Mission
- Vision
- Values
A socioeconomic business project deeply rooted in Basque culture, created by and for people. Committed to a sustainable society, greater competitiveness and customer satisfaction, with the remit to create wealth and transform society through business development and employment. It is driven by a commitment to solidarity, applying democratic methods...
MONDRAGON is CooperationA cooperative socioeconomic project, with dedicated people working in global companies that are profitable, competitive and enterprising, acknowledged for their human values, social impact and competitiveness.
Cooperation:Owners and protagonists. Participation: Grassroots management. Corporate Social Responsibility:Fair distribution of wealth. Innovation: Continuous renewal Furthermore, based on the Cooperative Principles and its own experience, MONDRAGON nurtures the values of self-motivation and shared responsibility, intercooperation, social transform...
The MONDRAGON co-operatives now had more than 6,000 worker-members, with total turnover in excess of €24m (4bn pesetas). Amat (today part of Fagor Ederlan), Coinma, Danona, Tolsan, Orona and Goiti all joined the Group.
Aug 27, 2022 · The Mondragon Corporation, as it’s known, is a voluntary association of ninety-five autonomous coöperatives that differs radically from a conventional company. Each co-op’s highest-paid executive makes at most six times the salary of its lowest-paid employee.
Jun 12, 2015 · Mondragon Corporation, a federation of 103 worker-owned cooperatives based in the Basque region of Spain, could provide an example. Unlike Nike, which is controlled by a small group of shareholders, ordinary workers are deeply involved in Mondragon’s decision-making process.
