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Opening Speech
On the administrative front, we now have a stable core staff team of six.
On the financial front, after two years of small deficits as the organisation
established itself, in 2008 we made a Euro 15,000 surplus, allowing us to
begin the process of replacing the funds that we had to take from our
reserves to support the deficits in 2006 and 2007. We were grateful for
the support of the global Board of the ICA in allowing us to use the
reserves which, whilst technically those of Cooperatives Europe, were
actually built up by ICA Europe prior to 2005, and are subject to an
agreement that requires the consent of the global Board before use.
So, you can be confident that we are using your resources well, building a
young, but stable, developing and growing co-operative organisation.
Let me be clear, the ICA central office in Geneva has been engaged in a
major reform of its structures and its subscription formula to create an
organisation fit for purpose in the 21st century. Cooperatives Europe was
very supportive of the need for reform, and has played a major part in
supporting a radical change of direction for the ICA, to give more
responsibility, and greater funding to its four regions in Europe, the
Americas, Asia/Pacific and Africa.
The European Union is now a major political and economic body in the
global market. Inevitably some key co-operative businesses across the
world will want to be kept in touch with policy and decisions taken in
Brussels. As a result our colleagues from JA Zenchu the apex
organisation for agricultural co-operatives in Japan, have contracted with
Cooperatives Europe to keep them in touch via reports and the occasional
seminar on developments within the European Union and our region.
This is also an additional source of income.
I know that Rainer will look more closely at these initiatives, but it is true
to say that we are already identifying some real business benefits for our
members by working together across Europe in this way. Let me give
you a quick example. During the pharmacy seminar hosted in Rome by
Confcooperative, we brought together co-operative manufacturers,
distributors and retailers engaged in the pharmacy business. During the
day, a French manufacturer discovered that it was manufacturing a drug
and distributing it through a private sector business, from whom the
British retailers were buying. Before the day was through, they had an
agreement that the British would buy directly from the French
manufacturer, cutting out the private sector distributor and sharing the
profit margin!
That is the benefit of working together, and there are many more deals
like that waiting to be done. Working with you Cooperatives Europe can
build the opportunities. Working together is a way to develop business
synergies, strengthen and deepen our co-operative sector across the
European continent and give greater profile and visibility to the co-
operative model of business.
Ends.