CONSTANT COMPETITIVENESS AND INNOVATION
Finance, Industry, Retail and Knowledge are the MONDRAGON Cooperatives’ areas of business. Despite the impact of the pandemic, in 2021 aggregate sales totalled €11.404bn and investment €389.8m, and EBITDA was €1.332bn. The average staff during the year was around 80,000 people.
MONDRAGON and innovation
MONDRAGON continues to have a very major innovation commitment, with 2,458 people working full-time in R&D. Also, funds earmarked for R&D in 2021 totalled €189.3m and the total number of current patent families was 505, a very high proportion of those in the Basque Country as a whole. As to technology centres and R&D units, MONDRAGON has a total of 14 entities.
People working full-time in R&D
189,3 M €
Current patent families
LABORAL Kutxa and LagunAro both achieved good business performance, despite the uncertainties. The credit institution posted consolidated profit of €108.8m, with 24.4% growth since 2020. The LagunAro mutual provident society now has a total of 28,228 members and pays a monthly pension to 15,212 people.
Positive overall evolution of MONDRAGON’s Industrial Area.
€6.017bn, 14.2% higher than the previous year. International sales totalled €4.314bn, accounting for 72% of all sales.
An average of 38,076 jobs in the industrial divisions, a similar figure to the previous year.
€240m, 24.7% higher than the previous year.
€392m of net profit was posted in 2021, thanks to the cooperatives’ adjustments and efforts throughout the pandemic.
This Area consists of the Eroski Group, whose core activity is retail trading, and Erkop, an association of five agri-food sector cooperatives. The retail division in general ended 2021 with net sales of €5.387bn and a total average staff of 37,832 people.
The Eroski Group’s net income in 2021 totalled €5.116bn, with €105m net profit and a major €443m reduction in its financial debt.
Erkop’s sales totalled €271m, it posted €1.6m profit and it had a staff of 8,981 people.
This area consists of several education centres – Arizmendi Ikastola, Lea Artibai Ikastetxea, Txorierri Politeknika Ikastegia and Mondragon Unibertsitatea – and the technology centres and R&D units. It employs a total of 1,515 people and its budget is around €125m.
In 2021 various initiatives were launched to further MONDRAGON’s scientific and technological leadership, its innovation capacities and several promotion activities and new business developments.
THE FIGURES OF KNOWLEDGE IN MONDRAGON