Tarbijakooperatiiv

Tarbijakooperatiiv is an Estonian term that translates to "consumer cooperative." It refers to a form of business organization owned and controlled by its members, who are also its customers. The primary purpose of a tarbijakooperatiiv is to provide goods and services to its members at fair prices and to generate benefits for them.

These cooperatives operate on democratic principles, with each member typically having an equal vote regardless of the amount of capital they have invested. Profits, if any, are often distributed among members in the form of dividends or reinvested into the cooperative to improve services or lower prices.

Tarbijakooperatiivid in Estonia have a long history and have traditionally played a significant role in the retail sector, particularly in rural areas where they might be the only source of essential goods. They can also be found in other sectors, such as housing, agriculture, and services. The structure allows for collective purchasing power and a focus on member needs rather than solely on maximizing profit for external shareholders. Membership is voluntary, and individuals join to gain access to benefits and to participate in the governance of the cooperative.