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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Las ventas del área industrial del Grupo Mondragón descienden un 6,7%

Sales in the industrial area of the Mondragón group descend a 6.7 %

03/03/2009

March 3, 2009

The Industrial area of Mondragón closed 2008 with a total turnover of 6.283 million euros, representing a decrease of 6.7% over 2007 in homogeneous terms of existing cooperatives. The foreign market had a behavior somewhat better than the interior, 3.656 billion of total sales, were international, with a decline of 2.2%. Thus, overseas markets now account for 58.2% of the turnover, with an increase of 1.3 points from the previous year, according to collect your Lankide magazine.

Despite economic unemployment cooperative group strengthened its investments in the industrial area, as it spent 512 billion, 1.6% more than in 2007. Highlights the impetus given to the promoter activity, as were new companies related sectors that Mondragón considers strategic, such as health or energy. Thus, it was Saludnova, in the field of telemedicine; Sallum Technology, which will manufacture solar panels will provide engineering services, and also created efficient Home Energy in Tolosa, destined to the production of domestic micro boilers.

The Group continued its international expansion with the opening of seven new production plants, bringing to 72 their deployments abroad.

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