Companies SOK and OP are among the largest cooperatives in their fields in the world

In total, ten Finnish companies were among the world’s three hundred largest cooperatives.

SOK is the world’s tenth largest cooperative retail chain in the world, says Cooperative Center Pellervo. OP is the world’s tenth largest cooperative financial house.

The information is based on a report by the International Cooperative Society. The report compiles the financial figures for cooperatives from 2019 worldwide, both by industry and at a general level.

The combined turnover of the three hundred largest cooperatives this time was $ 2,180 billion (€ 1,926 billion). Of the companies compared, 47 exceeded the 10 billion mark, including SOK.

The largest cooperative was the French bank Group Crédit Agricole. In addition to high turnover, the bank has a large number of employees, a total of 143,000.

In total, ten Finnish companies were among the world’s three hundred largest cooperatives.

In addition to SOK and OP, Ilmarinen, Metsä Group, Varma, Elo, Lähi-Tapiola, Valio, HK Scan and Atria were among the largest.

In all industries, SOK was the world’s 41st largest cooperative. Ilmarinen was 76th and Metsä Group 77th. OP’s investment was 106th.

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