The experience of Spanish cooperatives for Ukraine’s economy
Abstract
The article examines the Spanish cooperative sector—one of the most advanced and diversified cooperative systems in the European Union—in the context of its practical relevance to building Ukraine's cooperative economy. The subject of the research encompasses the organizational models, legal frameworks, financial mechanisms, and socio-economic outcomes of Spanish cooperatives across various economic sectors. The study aims to provide a comprehensive analysis of the Spanish cooperative experience and, based on these findings, formulate specific recommendations for the reform and development of the cooperative sector in Ukraine. To achieve this objective, the following research tasks were addressed: investigating the historical evolution of the Spanish cooperative movement; characterizing the legal framework governing cooperative activities in Spain; analyzing key models of cooperative enterprise, namely the industrial (Basque), agricultural, and credit models; identifying the specific features of social cooperatives and their role within the social economy system; and conducting a comparative analysis of Spanish and Ukrainian cooperative legislation. The research methodology relies on comparative legal analysis, the historical-genetic approach, systems analysis, the synthesis of foreign experience, and the statistical analysis of data from industry associations and academic literature. The research findings indicate that the Spanish cooperative sector, which comprises over twenty thousand active cooperatives across a wide range of industries, demonstrates high economic resilience, social efficiency, and innovation potential. This is evidenced, in particular, by significantly lower unemployment rates during economic crises in regions with a well-developed cooperative sector. Special attention is given to the Basque industrial cooperative model, with its internal financial mechanisms and dedicated educational system; the Andalusian olive and wine agricultural cooperatives; and social cooperatives operating in healthcare and social services. The study concludes that to develop a robust cooperative sector, Ukraine requires: a systemic reform of its outdated cooperative legislation aligned with EU best practices; the advancement of cooperative education and culture at all levels; the expansion of credit union networks and solidarity funds; the formation of horizontal cooperative associations and federations; and the active utilization of the cooperative model as an instrument for the post-war reconstruction of communities and regions, as well as the social integration of vulnerable populations.
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Bretos Fernández, I., Díaz Foncea, M., & Marcuello, C. (2020). The social initiative cooperative: A model of social enterprise in Spain. REVESCO. Revista de Estudios Cooperativos, 135, 71–80. https://doi.org/10.5209/reve.69186
Cambra González, A. (2025). Can co-op supermarkets lead the way to sustainability? Potentials and challenges in the shift from food difference to food democracy in Spain. Applied Geography, 67, 101–115. https://doi.org/10.1177/13678779241306442
Catalá Estada, B., Savall Morera, T., & Chaves-Ávila, R. (2024). Institutionalization of social economy public policies as a strategy against global challenges: Evidence from the Spanish experience. Revista de Economía Mundial, (67), 125–144. https://doi.org/10.33776/rem.vi67.8096
Cuznetov, A. (2022). Rochdale Principles – the catalyst for the functioning and individualization of cooperative societies. InterConf+, (20), 242–247. https://doi.org/10.51582/interconf.19-20.04.2022.024
Díaz-Caro, C., & Mirón-Sanguino, Á. S. (2022). The agricultural cooperative as an instrument for economic development: An approach from Spanish investors’ preferences through a choice experiment. Agronomy, 12(3), Article 560. https://doi.org/10.3390/agronomy12030560
Esteban-Salvador, L., Gargallo-Castel, A., & Pérez-Sanz, J. (2019). The presidency of the governing boards of cooperatives in Spain: A gendered approach. Journal of Co-operative Organization and Management, 7(1), 34–41. https://doi.org/10.1016/j.jcom.2019.03.002
Ferrer, J. R., Ring, J., Cardona, M., & Morillo, J. (2024). Cooperatives and sustainability drivers in the Spanish wine sector: What differences do we find with investor-owner firms? Annals of Public and Cooperative Economics, 95(2), 505–526. https://doi.org/10.1111/apce.12432
García Companys, A. (2024). Gender diversity as a tool for good governance in cooperatives. CIRIEC-España, Revista de Economía Pública, Social y Cooperativa, (111), 39–67. https://doi.org/10.7203/CIRIEC-E.111.27970
Gerasymenko, A., Borodina, O., Krupa, O., & Yakubova, I. (2022). Agricultural service cooperatives in Ukraine: Institutional development drivers. Scientific Horizons, 25(6), 89–99. https://doi.org/10.48077/scihor.25(6).2022.89-99
Giagnocavo, C. (2020). The development of the cooperative movement and civil society in Almería, Spain: Something from nothing? Sustainability, 12(23), Article 9820. https://doi.org/10.3390/su12239820
Honcharenko, V. V., Panteleimonenko, A., Pozhar, A., & Stetsenko, V. (2019). Cooperatives in IT sector: theoretical and practical aspects. Periodicals of Engineering and Natural Sciences, 7(2), 597–607. http://surl.li/kzzetb
Honcharenko, V. V., & Panteleimonenko, A. O. (2020). Discussion aspects of using the term "social economy" in modern Ukrainian economic science. Istoriia Narodnoho Hospodarstva ta Ekonomichnoi Dumky Ukrainy, (53), 83–102. https://doi.org/10.15407/ingedu2020.53.083
Huybrechts, B., Hueso, A., Campos, V., & Villalba, E. (2024). Energy co-operatives in Spain: The role of social enterprises in the energy transition. Futures, Article 103381. https://doi.org/10.1016/j.futures.2024.103381
Imaz Alias, O., Freundlich, F., & Kanpandegi, A. (2023). The governance of multistakeholder cooperatives in Mondragon: The evolving relationship among purpose, structure and process. In Humanistic Governance in Democratic Organizations (pp. 285–330). Springer. https://doi.org/10.1007/978-3-031-17403-2_10
International Cooperative Alliance. (2025). Cooperative identity, values & principles. International Co-operative Alliance. https://ica.coop/en/cooperatives/cooperative-identity
Kropivko, M. M., & Mykytyuk, D. M. (2019). Functioning of credit cooperation: foreign experience and challenges for Ukraine. Economics and Management of the AIC, (2), 89–95. https://doi.org/10.33245/2310-9262-2019-151-2-89-95
Marcuello, C. (2021). Employee ownership in Spain: worker cooperatives and sociedades laborales. Journal of Participation and Employee Ownership, 6(2), 149–162. https://doi.org/10.1108/JPEO-10-2022-0022
Montegut, Y., Colom, A., & Plana-Farran, M. (2024). Las cooperativas agrarias centenarias en Catalunya: características y contribución a los ODS. CIRIEC-España, Revista de Economía Pública, Social y Cooperativa, (110), 129–161. https://doi.org/10.7203/CIRIEC-E.110.26853
Olaizola-Alberdi, J., Melero-Bolos, J., & Diaz-Foncea, M. (2025). Redefining the model: cooperatives in the just ecosocial transition paradigm. Revista Iberoamericana de Estudios de Desarrollo, 14(1), 80–105. https://doi.org/10.26754/ojs_ried/ijds.10576
Petrov, H. (2024). Spanish cooperatives as a component of EU social economy. The Journal of V. N. Karazin Kharkiv National University. Series: International Relations. Economics. Country Studies. Tourism, (20), 22–30. https://doi.org/10.26565/2310-9513-2024-20-03
Pino Abad, M. (2022). The background to the Cooperative Law of September 9, 1931. CIRIEC-España, Revista Jurídica de Economía Social y Cooperativa, (40), 11–40. https://doi.org/10.7203/CIRIEC-JUR.40.24328
Retegi, J., & Igartua, J. I. (2023). An analysis of the Mondragon case's competitiveness from a systemic perspective. Intangible Capital, 19(4), 513–533. https://doi.org/10.3926/ic.2261
Sala-Ríos, M. (2024). What are the determinants affecting cooperatives' profitability? Evidence from Spain. Annals of Public and Cooperative Economics, 95(1), 85–111. https://doi.org/10.1111/apce.12423
Sánchez-Martínez, J. D., Rodríguez-Cohard, J. C., & Garrido-Almonacid, A. (2020). Social innovation in rural areas? The case of Andalusian olive oil co-operatives. Sustainability, 12(23), Article 10019. https://doi.org/10.3390/su122310019
Svynous, I., Havryk, O., Ibatullin, M., & Mykytiuk, D. (2024). Organizational and economic aspects of the formation of cooperative relations between milk producers and processing enterprises. Economic Analysis, 34(2), 58–67. https://doi.org/10.35774/econa2024.02.058
Vargas Vasserot, C. (2020). The Cooperative Act under Spanish Law. CIRIEC-España, Revista Jurídica de Economía Social y Cooperativa, (37), 9–52. https://doi.org/10.7203/CIRIEC-JUR.37.16745
Bretos Fernández, I., Díaz Foncea, M., & Marcuello, C. (2020). The social initiative cooperative: A model of social enterprise in Spain. REVESCO. Revista de Estudios Cooperativos, 135, 71–80. https://doi.org/10.5209/reve.69186
Cambra González, A. (2025). Can co-op supermarkets lead the way to sustainability? Potentials and challenges in the shift from food difference to food democracy in Spain. Applied Geography, 67, 101–115. https://doi.org/10.1177/13678779241306442
Catalá Estada, B., Savall Morera, T., & Chaves-Ávila, R. (2024). Institutionalization of social economy public policies as a strategy against global challenges: Evidence from the Spanish experience. Revista de Economía Mundial, (67), 125–144. https://doi.org/10.33776/rem.vi67.8096
Cuznetov, A. (2022). Rochdale Principles – the catalyst for the functioning and individualization of cooperative societies. InterConf+, (20), 242–247. https://doi.org/10.51582/interconf.19-20.04.2022.024
Díaz-Caro, C., & Mirón-Sanguino, Á. S. (2022). The agricultural cooperative as an instrument for economic development: An approach from Spanish investors’ preferences through a choice experiment. Agronomy, 12(3), Article 560. https://doi.org/10.3390/agronomy12030560
Esteban-Salvador, L., Gargallo-Castel, A., & Pérez-Sanz, J. (2019). The presidency of the governing boards of cooperatives in Spain: A gendered approach. Journal of Co-operative Organization and Management, 7(1), 34–41. https://doi.org/10.1016/j.jcom.2019.03.002
Ferrer, J. R., Ring, J., Cardona, M., & Morillo, J. (2024). Cooperatives and sustainability drivers in the Spanish wine sector: What differences do we find with investor-owner firms? Annals of Public and Cooperative Economics, 95(2), 505–526. https://doi.org/10.1111/apce.12432
García Companys, A. (2024). Gender diversity as a tool for good governance in cooperatives. CIRIEC-España, Revista de Economía Pública, Social y Cooperativa, (111), 39–67. https://doi.org/10.7203/CIRIEC-E.111.27970
Gerasymenko, A., Borodina, O., Krupa, O., & Yakubova, I. (2022). Agricultural service cooperatives in Ukraine: Institutional development drivers. Scientific Horizons, 25(6), 89–99. https://doi.org/10.48077/scihor.25(6).2022.89-99
Giagnocavo, C. (2020). The development of the cooperative movement and civil society in Almería, Spain: Something from nothing? Sustainability, 12(23), Article 9820. https://doi.org/10.3390/su12239820
Honcharenko, V. V., Panteleimonenko, A., Pozhar, A., & Stetsenko, V. (2019). Cooperatives in IT sector: theoretical and practical aspects. Periodicals of Engineering and Natural Sciences, 7(2), 597–607. http://surl.li/kzzetb
Honcharenko, V. V., & Panteleimonenko, A. O. (2020). Discussion aspects of using the term "social economy" in modern Ukrainian economic science. Istoriia Narodnoho Hospodarstva ta Ekonomichnoi Dumky Ukrainy, (53), 83–102. https://doi.org/10.15407/ingedu2020.53.083
Huybrechts, B., Hueso, A., Campos, V., & Villalba, E. (2024). Energy co-operatives in Spain: The role of social enterprises in the energy transition. Futures, Article 103381. https://doi.org/10.1016/j.futures.2024.103381
Imaz Alias, O., Freundlich, F., & Kanpandegi, A. (2023). The governance of multistakeholder cooperatives in Mondragon: The evolving relationship among purpose, structure and process. In Humanistic Governance in Democratic Organizations (pp. 285–330). Springer. https://doi.org/10.1007/978-3-031-17403-2_10
International Cooperative Alliance. (2025). Cooperative identity, values & principles. International Co-operative Alliance. https://ica.coop/en/cooperatives/cooperative-identity
Kropivko, M. M., & Mykytyuk, D. M. (2019). Functioning of credit cooperation: foreign experience and challenges for Ukraine. Economics and Management of the AIC, (2), 89–95. https://doi.org/10.33245/2310-9262-2019-151-2-89-95
Marcuello, C. (2021). Employee ownership in Spain: worker cooperatives and sociedades laborales. Journal of Participation and Employee Ownership, 6(2), 149–162. https://doi.org/10.1108/JPEO-10-2022-0022
Montegut, Y., Colom, A., & Plana-Farran, M. (2024). Las cooperativas agrarias centenarias en Catalunya: características y contribución a los ODS. CIRIEC-España, Revista de Economía Pública, Social y Cooperativa, (110), 129–161. https://doi.org/10.7203/CIRIEC-E.110.26853
Olaizola-Alberdi, J., Melero-Bolos, J., & Diaz-Foncea, M. (2025). Redefining the model: cooperatives in the just ecosocial transition paradigm. Revista Iberoamericana de Estudios de Desarrollo, 14(1), 80–105. https://doi.org/10.26754/ojs_ried/ijds.10576
Petrov, H. (2024). Spanish cooperatives as a component of EU social economy. The Journal of V. N. Karazin Kharkiv National University. Series: International Relations. Economics. Country Studies. Tourism, (20), 22–30. https://doi.org/10.26565/2310-9513-2024-20-03
Pino Abad, M. (2022). The background to the Cooperative Law of September 9, 1931. CIRIEC-España, Revista Jurídica de Economía Social y Cooperativa, (40), 11–40. https://doi.org/10.7203/CIRIEC-JUR.40.24328
Retegi, J., & Igartua, J. I. (2023). An analysis of the Mondragon case's competitiveness from a systemic perspective. Intangible Capital, 19(4), 513–533. https://doi.org/10.3926/ic.2261
Sala-Ríos, M. (2024). What are the determinants affecting cooperatives' profitability? Evidence from Spain. Annals of Public and Cooperative Economics, 95(1), 85–111. https://doi.org/10.1111/apce.12423
Sánchez-Martínez, J. D., Rodríguez-Cohard, J. C., & Garrido-Almonacid, A. (2020). Social innovation in rural areas? The case of Andalusian olive oil co-operatives. Sustainability, 12(23), Article 10019. https://doi.org/10.3390/su122310019
Svynous, I., Havryk, O., Ibatullin, M., & Mykytiuk, D. (2024). Organizational and economic aspects of the formation of cooperative relations between milk producers and processing enterprises. Economic Analysis, 34(2), 58–67. https://doi.org/10.35774/econa2024.02.058
Vargas Vasserot, C. (2020). The Cooperative Act under Spanish Law. CIRIEC-España, Revista Jurídica de Economía Social y Cooperativa, (37), 9–52. https://doi.org/10.7203/CIRIEC-JUR.37.16745
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