Fagor Electrodoméstico was a large domestic and commercial appliance manufacturer based in the Basque Country, Spain and run by the Mondragon Corporation.

Increased Asian competition could not be countered in spite of austerity measures, liquidity injections and staff relocation.

[3] On October 16, 2013, Fagor Electrodoméstico filed for protection from creditors while it tried to refinance and renegotiate its €1.1 billion of debt under Spanish law, after suffering heavy losses during the European financial crisis.

The disengagement led to absenteeism beyond the usual in Spanish private companies, and unusually higher among the younger workers.

A reverse dominance hierarchy formed and decisions like offshoring production to the cheaper wage workers were not taken by worker-owners.

44% of Fagor's sales are international, 70% percent of which are in France, Portugal, Germany, the UK, Morocco, Poland, and the Czech Republic.

[13] The locations in Spain with around 700 employees were taken over by the Spanish household goods manufacturer CNA Group in July 2014.

[14] The site of the former Polish subsidiary Fagor Mastercook in Wrocław was taken over in December 2014 by the German household goods manufacturer BSH, which announced that it would employ up to 500 people there.