Cooperatives in the upswing: 574,000 members celebrate success!

Cooperatives in the upswing: 574,000 members celebrate success!

The cooperatives experience an upswing! 90 of the 175 members of the association of non -profit construction associations are organized in this form and offer around 574,000 members who are also tenants access to living space. Compared to the previous year, the number of cooperative members rose by 2.4 %. These cooperative organized companies are regulated and manage a total of around 998,000 apartments according to the Housing Community Act (WGG), with around 660,000 own rental and cooperative apartments belonging to, such as apa.at reported.

Diverse forms of the cooperative

Cooperatives not only promote the economic interests of their members, but also occur in many different forms. These include credit, shopping and housing cooperatives. From 2025 it is expected that new foundations of cooperatives are usually only possible with limited liability. Another advantage of this legal form is the easy way for members to accept or emerge what promotes synergies between companies and private individuals. For those interested, the Austrian cooperative association offers one Online check to check whether a cooperative is the right choice for your project, how wko.at shown.

The increasing importance of the cooperatives is also underlined by the proclamation of 2025 as an international year of cooperatives by the United Nations. These developments illustrate the relevance of cooperative living and economic cooperation today.