Erreka is celebrating its 65th anniversary, having built a strong industrial enterprise based on diversification and its people

This year, Erreka is celebrating 65 years in business, a milestone that reflects the strength of a cooperative venture which has become a benchmark in the industrial sector. Over more than six decades, the company has successfully combined adaptability with strategic vision to remain steadfast in the face of changing economic and industrial conditions.

As highlighted by the managing director, Arkaitz Etxezarreta, one of the keys to success has been “combining perseverance, patience and strategic vision”, particularly thanks to the company’s commitment to business diversification. This strategy has enabled Erreka to adapt to different economic cycles and achieve balanced and sustainable growth through the development of subsidiaries and business units.

The cooperative model and people: the pillars of the project

The Chair, Joana Ibarretxe, emphasises that the cooperative model has been decisive thanks to a long-term vision, the involvement of people and a more balanced distribution of profits. Furthermore, being part of Mondragon provides Erreka with a solid support network based on cooperation and solidarity.

Today, Erreka is a diversified industrial group, organised into four main business areas. Diversification, teamwork and a cooperative culture are integral to its identity, placing people at the heart of the organisation. “People are not a resource; they are the heart of the organisation,” emphasises Ibarretxe, highlighting that their commitment is key to driving innovation and competitiveness.

“People are not a resource; they are at the heart of the project,” stresses Ibarretxe, highlighting that their commitment is key to driving innovation and competitiveness.

Strategic Plan 2025–2028: growth and innovation

Looking ahead, Erreka will drive growth across its four business divisions – automotive, energy, access systems and medical – with the aim of exceeding €100 million in turnover. The 2025–2028 strategic plan also provides for investments of over 11 million euros in innovation, strategic alliances and high-tech developments, as well as the creation of more than 80 new jobs.

The 2025–2028 strategic plan also provides for investments of over 11 million euros in innovation, strategic alliances and high-tech developments, as well as the creation of more than 80 new jobs.

This growth will be driven by the principles of sustainability, internationalisation, innovation and staff development, in line with the MONDRAGON Corporation’s strategy.

After 65 years in business, Erreka continues to consolidate a solid and committed industrial project, remaining true to its cooperative identity and a people-centred model.