"As members of the MONDRAGON Corporation, the Maier Group enjoys the support of the world’s leading cooperative group: it is the largest Basque business group and the tenth in Spain, with a turnover of 13.82 billion euros in its Industrial and Retail businesses, 18.61 billion euros in managed funds in its Financial business and a total headcount of 85,066 workers at the end of 2009.
MONDRAGON is a business group made up of 255 companies and institutions structured in turn into four areas: Finance, Industry, Retail and Knowledge.
MONDRAGON is the outcome of a cooperative movement that began in 1956, the year in which the first industrial cooperative was set up in the town of the same name in the province of Gipuzkoa; its business approach is reflected in its Corporate Values:
- Cooperation
- Participation
- Social Responsibility
- Innovation
MONDRAGON’s mission combines the key objectives of a business organisation that competes on global markets with the use of democratic methods in its corporate organisation, the creation of employment, the personal and professional advancement of its workforce and a commitment to the development of its social environment."