Tulundusühistu

A tulundusühistu is a type of cooperative organization in Estonia. The term can be translated as a "cooperative society" or "economic association." These organizations are established by individuals or legal entities to pursue common economic interests, often through joint economic activities or by providing services to their members.

The fundamental principle behind a tulundusühistu is mutual benefit and cooperation. Members pool their resources, expertise, or labor to achieve objectives that might be difficult or impossible to attain individually. This can range from purchasing goods in bulk at lower prices to marketing products collectively, or sharing equipment and facilities.

Tulundusühistud operate based on democratic principles, with members typically having equal voting rights, regardless of their capital contribution. The specific activities and governance of a tulundusühistu are defined by its statutes and the relevant Estonian cooperative law. They can be involved in a wide variety of sectors, including agriculture, retail, services, and crafts. The primary goal is to improve the economic standing of its members through collective action and shared responsibility.