The MONDRAGON Corporation ended 2010 with profits of €178m, tripling those posted the previous year and back on the road to winning back industrial employment, with 1,378 more jobs. Total sales accounted for €13.9bn (+1.2%).
These results were mainly due to the effectiveness of the steps taken to allow companies to substantially improve their competitiveness; to the diversity of supply and an increasing presence in international markets; and to the firm commitment shown to innovation, which meant that 21.4% of the sales in the Industrial Area in 2010 were new products and services, that had not existed five years earlier. The Industrial Area posted sales totalling €5.7bn (+5.6%), with international sales accounting for 63%. There were now a total of 77 plants abroad, consolidating the Group’s presence in Europe and emerging countries like China, Brazil, India and Russia.