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.