Molino Santa Rosa

"Molino Santa Rosa" ("Santa Rosa's Mill" in Spanish) was founded in 1925 in Uruguay. In 1999, due to economic problems, the management decided to transfer it into a...

“Molino Santa Rosa” (“Santa Rosa’s Mill” in Spanish) was founded in 1925 in Uruguay. In 1999, due to economic problems, the management decided to transfer it into a cooperative made up of 44 former employees of the company, which bought the plant definitely in 2004, through a public auction. It became the first working cooperative in the country. The workers tried to borrow the company’s assets, setting up a loan with the bank. Over time, part of the debt has been canceled due to the (…)


#1coop1week

In this article


Join the Conversation