strategy
Honouring business cooperatives
Synonyms:
Providing legal status for productive cooperatives Implementation:
After 114 years, the last workers' production co-operative in Wallonia (Belgium) closed in 1999. The Modern Bakery of Jemappes went into voluntary liquidation, with the loss of 50 jobs, unable to match the prices of its industrial-scale competitors. The co-operative "Union-Progres-Economie" was founded in 1885 to supply wholesome food for the miners of the Borinage region, Wallonia's coal-producing heartland around Mons. A true social economy enterprise, it latterly offered not only a home delivery service to 8,000 often elderly people, but also employment training for unemployed people. The bakery had already been rescued once, in 1983, by the FGTB trade union. Facilitated by:
Enabling chambers of commerce Subjects:
Commerce → Business enterprisesLaw → Legality
Economics → Productivity
Value Redistribution → Cooperative
Type Classification:
G: Very Specific strategies Related UN Sustainable Development Goals:
