The Luxembourg parent company of the OCU is engaged in "real estate activities" and has 5 million in a Sicav
Euroconsumers' average expenditure per employee is almost double the IBEX average. It hides the remuneration of its board members. One of them is the president of the OCU, Miguel Ángel Feito.
FACUA.org
España-25/01/2023
Euroconsumers, the Luxembourg-based organisation of which the Organisation of Consumers and Users (OCU) is a member, is dedicated not only to «defending the interests of consumers«, but also to «real estate activities» and «taking stakes in any form in other Luxembourg or foreign companies«, managing them and «adding value» to them. It does so through a trading company of the same name, which has 5 million euros in a Sicav and 34 million euros in real estate.
This is reflected in Euroconsumers SA’s accounts for 2021. From 2001 to that year, the company made profits totalling 34 million, according to what Antonio M. V&
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