Frequently Asked Questions

What is the lifetime of the Association?

The initial duration of the Cooperative Association, in accordance with the National Ordinance on Cooperative Associations, lasts for a period of thirty years. Before these period lapses, the General Meeting of Shareholders if so desired can decide to further extend the duration of the Association for another thirty years. Such extensions can be renewed each time anew. This is stipulated in the Articles of Incorporation of the Association.