Basic Information

MONDRAGON, is a business group made of 264 companies and entities organised in three sectorial areas: Financial, Industrial and Distribution, together with the Research and Training sectors. MONDRAGON is the fruit of the sound vision of a young priest, Don José María Arizmendiarrieta, as well as the solidarity and efforts of all our worker-members. Together we have been able to transform a humble factory, which in 1956 manufactured oil stoves and paraffin heaters, into the leading Industrial Area in the Basque Country and 7th in the ranking in Spain, with sales of 13,266 million euros in its Industrial and Distribution activities, 12,332 million euros of administered assets in its Financial activity and a total workforce of 81,880 at the end of 2006. Coinalde is part of the Mondragon Group in Spain, one of the largest industrial groups. Coinalde manufactures mesh, nails and wires from wire rods.


Wire / Steel Rope Producer