Mondragon Corporation – a federation of co-operatives

# Summary Mondragon Corporation is a federation of worker cooperatives based in Spain's Basque region, founded in 1956 by Father José María Arizmendiarrieta and now operating as the seventh-largest Spanish company with over 70,000 employees across finance, industry, retail, and knowledge sectors. The organization began with a technical college and the first cooperative company (Talleres Ulgor) and has grown to operate 257 companies internationally, operating according to principles of solidarity and participation aligned with Catholic social teaching.