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Mondragon sets out growth plans at its annual congress
['Miles Hadfield']
Co-operative News
One of the main decisions approved by delegates was the update of the Interdivisional Expansion Fund, managed by Mondragon Inversiones.
Mondragon says it wants strengthen the fund so it can develop future businesses more effectively, by consolidating activities and by promoting new projects.
Mondragon achieved sales of €11,322m, up 1% on the previous year, and added 1,346 new jobs to its workforce of 71,415.
The Congress also highlighted Mondragons social commitment.
“it will be an excellent tool for explaining the social impact we have generated over so many years,” said Mugerza.