In May Caja Laboral opened branch offices in Gernika, Eibar and Legazpia. This took the total to 24 branches open to the public and the number of associated co-operatives came to 36.
Total sales for the co-operatives were just in excess of €18m (3bn pesetas), with exports for the first time accounting for €312,500 (52m pesetas). The MONDRAGON cooperatives began to open up to international markets and, from that time, exports have always risen significantly faster than total sales.
Danok Bat, today Danobat, a firm of recognised prestige in the machine tool sector, was formally set up as a co-operative enterprise and Fagor Electrónica and Tajo came on board.
