The Social Economy in Aragon employs more than 20,000 people

• In addition, one in three persons in the Community is linked to this business sector represents 3.5% of GDP Aragonese

• CEPES-Aragón represent entities of the Social Economy present in this community (cooperatives, worker-owned companies, placement companies, special employment centers, industry associations disability and Third Sector)

(Zaragoza, May 29, 2014) -. Aragonese One in three is linked to the Social Economy in Aragon, a sector that employs in the Community over 20,000 people and generating 3.5% of GDP in the region.

These data have been submitted today by the president of Zaragoza Aragon CEPES, Felipe Gómez Valenzuela during the official presentation of this association in a ceremony attended, among others, the presence of the president of the Spanish Business Confederation of Social Economy (CEPES), Juan Antonio Pedreño.

Gómez de Valenzuela explained that "the impact of the social economy in Aragón is important, not only in terms of job creation or billing, but also venture because we must not forget that over 400,000 people participate, collaborate or form part in our region of the entities in this sectorbusiness in which people take precedence over the capital. " In addition, the president of CEPES Aragón added that "the social economy is the economy of the twenty-first century."

Juan Antonio Pedreño has congratulated President of CEPES-ARAGON by the constitution of this new organization, stating that "it is a step forward for the social economy of this region and across the state to give greater visibility and recognition to a model company that has become a benchmark forsocial and job creation innovation. The good health of the Aragonese Social Economy comes to reaffirm the importance of a business sector that is becoming a mainstay of the output of the crisis. In the past two years, the social economy has been able to create more than 4,100 companies and more than 26,000 jobs. " The President of the Spanish Confederation of Employers Social Economy recalled that the Aragonese Social Economy is part of a top-level socioeconomic reality in Spain, covering more than 45,000 companies that generate 10% of the state GDP and 14% of employment in the country.

CEPES-Aragón founded with the aim of practicing social work dialogue of the social economy in this community and give visibility to the Aragonese entities within this sector (cooperatives, worker-owned companies, mutual funds, placement companies, Sheltered Employment sector associationsdisability and foundations). In addition, it will form part of the Spanish Business Confederation of Social Economy (CEPES).

Social Economy

Spain was the first country to have specific legislation on Social Economy (Law 5/2011, of 29 March). In it, the social economy is defined as theset of economic and business activities in the private sphere, held entities pursuing the general economic, social or both interest.

The principles that guide and define the Social Economy in Spain entity represents CEPES are:

• Primacy of persons and social order on the capital. Companies and organizations of the social economy with democratic and participatory management, prioritizing decisions more a function of people and their contributions of labor and services rendered to the entity or social order, in relation to their capital contributions.

• Social and equitable sharing of benefits. Application of the results of economic activity to its members and members-made depending on the work or service provided, or social order.

• Solidarity. Promotion engagement that promotes local development, the generation of stable, quality jobs, equal opportunities between men and women, social cohesion, placing people at risk of exclusion, enhancing personal, family and labor; and commitment to sustainability.

Independence from the government.