Finance, Industry, Retail and Knowledge are the MONDRAGON Cooperatives’ areas of business. In 2023, aggregate sales totalled 11.056 billion euros, investments amounted to 369.3 million euros and EBITDA was 1.486 billion euros. The average workforce was around 70,500 people.
MONDRAGON's commitment to innovation continued to be very significant, employing 2,008 full-time R&D staff. Furthermore, the resources earmarked for R&D in 2023 totalled 186 million euros and the total number of patent families in force was 387, a very high proportion of those in the Basque Country as a whole. Between technology centres and R&D units, MONDRAGON comprises 12 organisations.
People working full-time in R&D
186 M€
R&D costs
Current patent families
Technology centres (5) and R&D centres (7)
In a year marked by the uncertainty of the world geostrategic situation, Laboral Kutxa saw a positive end to 2023 with net profit of €222.7m. while LagunAro EPSV obtained an overall positive net gain of 7.94%, against a backdrop of the financial markets’ recovery towards the year-end of much of the loss incurred during the previous year.
Kutxa Consolidated profit
LABORAL Kutxa
223 M€
Positive overall evolution of MONDRAGON’s Industrial Area.
€5.036bn, 3.9% more than the previous year and international sales of €3.755bn, 75% of the total sales.
The average staff of the industrial divisions was 27,487, 171 more jobs than in the previous year.
€202m, 2.4% higher than the previous year.
Net profit last year totalled €256m, slightly higher than the previous year’s figure.
Total sales
5.036 M€
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 2023 with net sales of €6.02bn and a total average staff of 38,916 people.
Net income in 2023 totalled €5.186bn, with net profit of €104m.
Erkop achieved a sales figure of €290m and €6.4m profit, and its staff totalled over 11,000 people.
Net sales
6.020 M€
Total staff
38.916
This area consists of several education centres – Arizmendi Ikastola, Lea Artibai Ikastetxea, Politeknika
Txorierri and Mondragon Unibertsitatea – and the technology centres and R&D units. They employ
around 2,000 people and have an aggregate budget of €150m.
In 2022 various initiatives were launched to further MONDRAGON’s scientific and technological
leadership, its innovation capacities and several promotion activities and new business developments.
Total staff
2000
Budget
150 M€
people working full-time in R&D
2.008
5 technology centres and 7 R&D units
12
People trained at MONDRAGON educational centres in 2023
23.424
degree students at Mondragon University
6.712
professionals trained at Mondragon University
8.695
current patent families
387