Eroski Becomes Cooperative

This comes to us via EITb:

Basque supermarket chain Eroski to become biggest cooperative ever

Eroski approved a reform that turns over than 52,000 employees into members of the cooperative

Eroski, a Basque supermarket chain run as a worker co-operative within the Mondragon Cooperativa group, will become the biggest cooperative group ever after its members decided to accept a project that turns more than 52,000 employees into members of the cooperative.

In a meeting held in the Basque town of Elorrio, headquarters of the Basque cooperative group, 500 members of the general assembly approved a project that turns the public corporations owned by the group into cooperative groups.

The project, which will take two years, will turn the Basque cooperative group into the biggest cooperative group ever with more that 52,000 members.

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