BILBAO MONDRAGON 2002
FOURTH EUROPEAN MEETING OF EMPLOYEE OWNERSHIP
After the ENRON affair, many discussions are going on in the US as well as in Europe about employee ownership and its American model. On the other hand, Europe has developed some successful and original employee ownership models particularly in Spain and in the Basque Country.
The European Federation of Employee Share Ownership (EFES) will hold its Fourth European Meeting in Mondragon and Bilbao on November 21-23, 2002, to highlight these developments. Just as a strong European delegation will be attending the Capital Ownership Groups (COG) October 2002 International Policy Conference in Washington DC, EFES and COG would like to see a reciprocal American delegation at the November meeting in Europe.
Spain and the Basque Country have developed two main successful employee ownership models:
- The Mondragon workers co-operatives began fifty years ago and are now a global group with some 55,000 employees around the world;
- Legislation defining Sociedades Anonymas Laborales (SALes = employee owned companies) have led to the creation of some 16,000 new companies and 100,000 new jobs during the last 10 years.
Program of the European Meeting:
Day 1 - Wednesday November 20
Flight to Bilbao, evening reception.
Day 2 Thursday November 21
Morning plenary session: Employee ownership after the ENRON affair.
Afternoon session: Presentation of the SALes model in the new Training Center of the Basque Association of SALes.
Day 3 Friday November 22
Visit to Mondragon (30 miles from Bilbao), video presentation, visit to workplaces, meeting with the Board of the Mondragon Corporation and representatives of the Basque Government.
Day 4 Saturday November 23
Morning workshops session: What are the new priorities for employee ownership in Europe after the
new Action Plan of the European Commission? How can the European latecoming countries be
mobilized in favour of employee ownership? Defining European training programs for employee ownership.
Afternoon session: EFESs Annual General Meeting of Members and Board Meeting.
Day 5 Sunday November 24
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