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.
2.458
People working full-time in R&D
189,3 M €
R&D costs
505
Current patent families
14
R&D centres
Finance
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.
LABORAL Kutxa Consolidated profit
108,8 M€
+24,4%
Industry
Positive overall evolution of MONDRAGON’s Industrial Area.
SALES
€6.017bn, 14.2% higher than the previous year. International sales totalled €4.314bn, accounting for 72% of all sales.
EMPLEO
An average of 38,076 jobs in the industrial divisions, a similar figure to the previous year.
INVESTMENT
€240m, 24.7% higher than the previous year.
PROFITABILITY
€392m of net profit was posted in 2021, thanks to the cooperatives’ adjustments and efforts throughout the pandemic.
Total sales.
6.017 M€
+14,2%
Retail
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.
EROSKI GROUP
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
Erkop’s sales totalled €271m, it posted €1.6m profit and it had a staff of 8,981 people.
Net sales
5.387 M€
Total staff
37.832
Knowledge
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.
Budget
125 M€
Total staff
1.515
THE FIGURES OF KNOWLEDGE IN MONDRAGON
People working full-time in R&D
2.458
14
10
R&D units
4
Technology centres
R&D centres
4
BRTA
BAIC
BDIH
BCC
BAIC
BDIH
BCC
Ppublic R&D platforms
European R&D initiatives
31
Degree students at Mondragon Unibertsitatea
6.200
Professionals trained at Mondragon Unibertsitatea
7.500
Current patent families
505
people trained at MONDRAGON centres in 2021
21.000