Spanish appliance maker Fagor files for bankruptcy Loss-making Spanish electrical appliance maker Fagor, employing 5,700 people worldwide, said Wednesday it had filed for bankruptcy. For illustration purposes, this is a refile (from October 2012) of a natural sound version of an AFPTV report about parent group Mondragon:CUE: Nestled in the hills of Spain's Basque Country, a vast workers' cooperative -- Mondragon -- is providing hope amdist the country's faltering economy. The cooperative employs tens of thousands of people and is a rare example of how a regional economy can thrive, in a country where 25 percent of people are out of work. A natural sound version of an AFPTV report.