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Otalora > Home > MONDRAGON
MONDRAGON is the result of the cooperative movement started up in 1956, when the first industrial cooperative was created in the town of the same name in Gipuzkoa province; its company philosophy is included in its Corporate Values: Cooperation, Involvement, Social Commitment and Innovation.


MONDRAGON is divided into four areas:

Finance, with the ensign companies Caja Laboral and Lagun-Aro, working in three specific lines: banking, social welfare and insurance.

  • Industry, which includes twelve Divisions geared to different industrial and services sectors
  • Distribution, consisting of the commercial distribution business units and agro-food.
  • Knowledge, which consists of Research and Technology Centres and Training Centres, including Mondragon Unibertsitatea.

Today MONDRAGON is the Basque Country’s leading business association and the seventh largest in Spain.