Most read
- 1. Everything you need to know about MONDRAGON, in Explore MONDRAGON
- 2. Ikerlan Technology center opens new headquarters in Bilbao thanks to the agreement signed with the city council
- 3. An international ideas laboratory lands at MONDRAGON
- 4. Danobatgroup maintains its commitment to talent in 2023
- 5. Copreci signs an agreement with the Egyptian companies Fresh Electric, EBDA and El Araby to set up in Egypt
- 6. Ikerlan inaugurates the most advanced digital technology laboratory in Spain
- 7. Mondragon Assembly Group is celebrating the twentieth anniversary of its subsidiaries in Mexico and Germany
- 8. Enea has received the 2022 National Design Award
- 9. Eika enters the capital of Muxunav, a startup in the electronics sector
- 10. MONDRAGON joins the United Nations in defending the role of cooperatives in the 2030 Agenda and the SDGs
Fagor Electrodomésticos, in creditors’ pre-contest

The decision was taken today in Fagor Electrodomesticos, after the unanimous deliberation of the General Council of the Corporation, once considered that the " MONDRAGON cooperatives” cannot afford the extra mile, adding to the one made in May to the constitution of the fund FRES, with 70 million euros for helping Fagor Electrodomesticos. "
Commitment to the employment
Also, the General Council, on behalf of the Corporation, has expressed its commitment for supporting the employment for the Fagor Electrodomesticos coop-members and therefore, will be committed to the creation of an “Employment Corporate Office” to support and enhance its activity generating new jobs and businesses.
It also commits itself, to present at the next Congress, the initiatives needed to allow the constitution of a fund, focused on providing an amount close to 50 million euros for financing the above commentments.