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Press Release

Evonik to establish Financial Shared Services Center in Costa Rica

JANUARY 19th 2016

Company anticipates hiring as many as 100 employees through 2017
Will serve the corporation in the Americas 

SAN JOSE, Costa Rica, Jan. 19th, 2015 -  Evonik Industries, a leading global specialty chemical company based in Essen, Germany, announced today that it plans to open a financial shared services center in Costa Rica to serve the company’s operations in North and South America.

Evonik will begin office construction and hiring during the first quarter of 2016 and expects to create nearly 50 jobs in San Jose, Costa Rica by the end of the year. Positions will primarily include accounting, finance and human resources roles. Evonik’s financial shared services center will continue to grow in 2017 to reach an organization of 80 to 100 staff members.

The Minister of Foreign Trade, Alexander Mora, stressed the importance of this news and its contribution to the goals of exports and foreign direct investment that the country has set. "Most of the investment projects attracted last year belong to the services sector, an area in which Costa Rica is recognized as a strong leader in the Americas. It is excellent news because, in this sector, the main value is our highly qualified human resource which, in turn, becomes the main beneficiary of the investment that we attract in this area." Extending congratulations to the company, Mora said: "Evonik's decision to choose Costa Rica to host this important center fills us with pride and also commits us to continue working to provide the best conditions for the development of this type of business, which contributes greatly to the development of our country, by creating quality jobs and new exports and investment. "

“As part of our strategy to improve the competitive position of Evonik’s administrative functions, we are pleased to have selected Costa Rica as the new home of our financial services center for the Americas,” said Burkhard Zoller, Evonik Corporation (USA) chief financial officer, who oversees the center’s implementation. “We expect that our new employees in Costa Rica will use their talents to support our businesses and further enable Evonik to continue our ambitious growth plans throughout the two continents.”

Jorge Sequeira, Managing Director of the Costa Rican Investment Promotion Agency (CINDE), stated, "2015 closed with Evonik’s confirmation of their opening a services center in Costa Rica, adding itself to the more than 120 multinational companies in the sector now operating in national ground. The benefits of these businesses are more than proven already and we can say that 80% of the employees from services companies come from public schools, and they have an average age of 29. "

Evonik employs about 4,300 people in the Americas and the combined sales of the region constitute 24 percent of the company’s global sales. Potential candidates can learn more about the company by visiting www.evonik.com, and e-mail correspondence can be sent to costaricacareers@evonik.com.

Company information 
Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Profitable growth and a sustained increase in the value of the company form the heart of Evonik’s corporate strategy. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. Evonik benefits specifically from its innovative prowess and integrated technology platforms. Evonik is active in over 100 countries around the world. In fiscal 2014 more than 33,000 employees generated sales of around €12.9 billion and an operating profit (adjusted EBITDA) of about €1.9 billion.

Disclaimer
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.