Cooperative and values
We are a cooperative, the mainstay of our organization, with values embraced by committed people, who grow and freely contribute to create a unique, supportive, sustainable and transformative project, generating valuable products for a global market.
A deep-seated egalitarian culture
Our company is based on people and cooperation, key elements of our project. As a cooperative we are independent and self-governed. Capital is the means, however, employment, sustainability and social transformation are the ends. Our model is based on:
- The business, moving the company toward innovation and greater value.
- The people, located within the centre are the mainstays of our project’s identity and commitment.
- The environment , for a supportive, sustainable society.
We employ a model of self-governance based on democratic principles. We all work together, side by side, being supportive and committed, two values that have defined who we are since the day that Fagor Ederlan was founded.
The values that define who we are and motivate our actions
Industrial cooperative thanks to its people and its business culture
The core of the Fagor Ederlan group is the cooperative. Our values, principles and culture transcend business. Our management model focuses on people and that which surrounds us and matters: the environment.
We belong to the MONDRAGON Corporation and the Fagor Group, sharing values, principles and a single model.
"Fagor Ederlan has allowed me to develop from a professional and personal point of view. I have always been able to participate, express my opinion and contribute my best ideas".
"“The cooperative is an instrument for both personal and social transformation. Within such, I have learned to value being part of a project with a sense of belonging, culture, region, and language. My period of expatriation in Mexico has allowed me to see how the local people’s concerns about development and growth may have eased thanks to cooperation, commitment and responsibility".
“The cooperative is a group of people who, as worker-owners, have voluntarily bonded to achieve economic, social and cultural objectives. The members own the cooperative and it is democratically managed among all of us".
“The cooperative is a company where I feel represented and fulfilled, where my opinion and my work are valued".
Fagor, our origins
In 1964 Ularco, later to be Fagor, came into being a regional cooperative group with the aim integrating local cooperatives and providing them with support. Since then, Fagor, comprising of 8 cooperatives (Fagor Industrial, Copreci, Fagor Electrónica, Fagor Ederlan, Fagor Arrasate, Fagor Automation, Mondragon Assembly and Galbaian), has kept the spirit of transformation present at the beginning of this cooperative project very much alive.
Fagor is about sharing, through culture, inter-cooperation and social transformation, allowing us to grow and improve as a cooperative.
We are part of the MONDRAGON Corporation
The MONDRAGON Corporation is the world’s largest cooperative group and Fagor Ederlan is a part of it. With an annual turnover of €11,608 Million and head office in the Basque Country, it is synonymous with solvency, internationalization, innovation and knowledge.
The corporation consists of 4 groups, each of which incorporates similar business activities: Finance, Industry, Distribution and Knowledge. In terms of number of worker-owners, Fagor Ederlan is the top cooperative within the MONDRAGON industrial group, forming part of the Automotive Division.
