The bicycle manufacturer Orbea, an emblematic company that belongs to the Mondragon Group, is still going from strength to strength, taking advantage of, among other things, the boost that Covid gave to the two-wheel sector. The cooperative continues to grow both in sales and in staff, to the point that it has added 170 workers to almost a thousand, of which 80% corresponds to jobs generated in the Basque Country, according to the company in a note.
The company, which has a plant in Mallabia, yesterday held its annual meeting in Ermua. In the same the good evolution of the firm was verified, which last year reached a turnover of 282 million, consolidating the growth of recent years. The company exports 81% of its sales.
The result after taxes and reconversions reaches 40.7 million, which implies a significant strengthening of its own resources, highlights the firm. Some resources that will allow you to continue investing in the expansion of the factory and logistics and in the development of cutting-edge technological solutions.