CHAPTER 5: - STRATEGIC ANALYSIS OF GLOBAL CO-OPERATIVES. PHASE
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− SW global co-ops: those co-operatives that at the end of 1999 were local co-ops, with their first international FDI abroad implemented during the period 19992005. − New global co-ops: Those co-operatives that implemented their first international FDI during 2005 or 2006. These co-operatives do not have records on their international multi-localisation strategy readily available at the time of writing.
MONDRAGON 25 GLOBAL COOPS MULTI-LOCALIZATION EXPERIENCE
MNE GOBAL COOPS FDI before 1999
SW GLOBAL COOPS First FDI 1999-2005
BIRTH GLOBAL COOPS First FDI 2006
GLOBALCOOPS COPRECI FAGOR ELECTRONICA ULMA CONSTRUCCION IRIZAR FAGOR ELECTRODOMESTICOS FAGOR AUTOMATION MAIER EIKA MONDRAGON ASSEMBLY FAGOR INDUSTRIAL DIKAR WINGROUP LKS FAGOR EDERLAN MATZ ERREKA CIKAUTXO DANOBAT SORALUCE ORKLI ORBEA TAJO COINALDE ELECTRA BATZ - MATRICI EGURKO EMBEGA
YEAR FIRST FDI 1989 1993 1994 1999
2000
2001
2002
2004 2005
2006
Source: ex novo
Figure 5.8: The Mondragon Group global co-ops & timing
5.4.1
Mondragon MNE global co-operatives
5.4.1.1 Introduction The seven co-operatives (Copreci, Fagor Electrónica, Ulma Construccion115, Irizar, Fagor Electrodomésticos, Fagor Automation and Maier) brought together under this group of MNEs have in common that all initiated their international multi-localisation 115
Data (number of employees, total sales, etc.) in this section will not include the Ulma Construction, whose figures were taken into account from 2002 when joining formally the Mondragon Group. José María Luzarraga - PhD Candidate Mondragon University - 2008