A cooperative is an autonomous association of people who have voluntarily joined together to form a democratic organisation. The administration and management of the cooperative should be carried out in the manner agreed by the partners.
Following the tradition of its founders, members believe in the ethical values of honesty, transparency, social responsibility and concern for others. Because it's not only about what they do but how they do it.
In recent years, cooperatives have spread, as they provide a fair and favourable model - so necessary in situations such as the current economic crisis.
Basque cooperatives have demonstrated their ability to create and maintain quality jobs. They have contributed to the individual development of many people. And they have promoted a business model that has proved to be a training ground for economic participation and democracy as well as a focus for spreading the entrepreneurial spirit.
Specifically, the cooperative movement in the Basque Country is an important socio-economic reality. It has a notable and progressive international presence, and plays a driving role throughout the Basque economy. It is also a benchmark for cooperatives worldwide.