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KF - Swedish Consumer Cooperation
 

KF - Swedish Consumer Cooperation

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KF: Swedish Consumer Cooperation and The Swedish Cooperative Union, KF Group

KF: Swedish Consumer Cooperation and The Swedish Cooperative Union, KF Group

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    KF - Swedish Consumer Cooperation KF - Swedish Consumer Cooperation Presentation Transcript

    • Swedish Consumer Cooperation and The Swedish Cooperative Union KF Group
      • Established 1899
    • Co-operative Sweden
      • Retailing KF, Coop Sverige and local co-op societies
      • Petrol OK
      • Insurance Folksam
      • Housing HSB and Riksbyggen
      • Agriculture LRF and branch societies
      • Child/elderly care local co-operatives
      • Burial society Fonus
    • Swedish Consumer Cooperation
      • 2.9 million members
      • 60 local cooperative societies
      • About 900 sales outlets in Sweden
      • About 19 500 employees
    • During more than a 100 years a constantly increasing number of members in Sweden Net increas 2004 was 63,637 members and the total number of members is 2 940 094 No in thousands
    • Consumer cooperation´s business concept (adopted at the Jubilee Congress in June 1999)
      • Cooperation means members working together in an organised manner for the purpose of creating economic and other added value for everyone.
      • The aim of consumer cooperation is to enable members to contribute through their consumption towards a society which is characterised by economic development, ecological sustainability, mutual reliance and cooperation.
    • Societies, KF, Coop Norden and business activities
      • Coop Norden operates all stores, supermarkets and hypermarkets in southern and middle Sweden (green area)
      • About 60 percent of the members live in these areas with 5 large cooperative societies
      • About 40 percent of the members have their membership in 55 consumer cooperative societies in other parts of Sweden (grey area)
      • These societies operate their own retail chains
      • The retail chains are supplied by Coop Norden and they cooperate on formats etc. according to agreements
    • Kooperativa Förbundet, KF Group
    • KF Group Profit/loss after financial items SEK million 2001 2002 2003 2004
    • Debt/equity ratio Times 2001-12-31 2002-12-31 2003-12-31 2004-12-31
    • KF’s mission
      • The national association of the cooperative societies
      • Main owner of Coop Norden AB and other businesses
      • Business development in order to provide the membership with further added values
    • The membership card Coop MedMera
      • The most used membership card in Sweden is the Coop MedMera card
      • As a member the cardholder has access to a bonus scheme and other member benefits when buying in more than 1 100 stores in Sweden
      • A paying account and a credit account can be connected to the card
      • A monthly magazine called Mersmak is distributed free to the members