Image for Mondragon Corporación Cooperativa

Mondragon Corporación Cooperativa

Mondragon Corporación Cooperativa is a Spanish cooperative group founded in 1956 in the Basque Country. It operates on principles of worker ownership and democratic governance, meaning employees have a say in decision-making and share in profits. Mondragon consists of various businesses across sectors like manufacturing, retail, and finance, employing tens of thousands of people. Its model emphasizes social responsibility, community development, and sustainability, aiming to enhance the quality of life for its members and the wider community. This innovative approach has made it one of the largest and most successful cooperatives globally.