Evonik expands footprint in Malaysia with Shared Financial Services Center opening in Selangor

• The shared financial services center will serve the Evonik corporations across the Asia-Pacific region
• More than 90 high skills job opportunities have been created in Malaysia

Evonik Industries AG, one of the world’s leading specialty chemicals companies based in Essen, Germany, opens its shared financial services center in Selangor today. By providing financial services to all Evonik corporations in the Asia-Pacific region, the shared financial services center has created more than 90 job opportunities in Malaysia.

As part of Evonik’s global network of shared service organizations, the shared financial services center provides functional services in the areas of finance services delivery, such as accounts payables, accounts receivable general ledger, fixed assets accounting and cost accounting to Evonik Group companies across 13 countries and territories in the Asia-Pacific region.

“The establishment of the shared financial services center for the Asia-Pacific region in Malaysia is an important milestone for Evonik, it will further strengthen the competitive position of the company and optimize the quality of existing administrative processes,” said Ute Wolf, Chief Financial Officer of Evonik Industries AG, during the opening ceremony in Selangor today. “Malaysia has a strong business environment and a talented workforce with multi-language capabilities, which made us chose to locate our shared financial service center here to extend our global network.”

The shared financial services center is co-located with Evonik Malaysia’s sales and marketing office in a new facility in Bandar Sunway, Petaling Jaya, Selangor. “Evonik has been active in Malaysia for many years, with our strong presence in the country, this new office will continue to build on the successes that our businesses have already achieved over the past years,” said Peter Meinshausen, Regional President of Evonik South East Asia, Australia and New Zealand, “Together with the strengthened financial service delivery processes, I believe our professional and dedicated employees in Malaysia will take Evonik to the next level.”

“The opening of our new office in Malaysia will provide trainings and career opportunities for graduates and professionals, and I am proud to announce that Evonik has already created more than 90 positions for the locals.” Dr. Ibrahim Idris, Country Head and Managing Director of Evonik Malaysia added, “With the opening of shared financial services center, I am very much looking forward to increasing our presence in Malaysia in addition to our already strong sales and marketing team in the country.”

At present, Evonik Industries employs more than 4,750 staff in the Asia-Pacific region with over 800 staff in the South East Asia region, and the combined sales of the Asia-Pacific region grew 17 percent to € 2,860 million in 2015, constitute 21 percent of the company’s global sales. Potential candidates can learn more about the company by visiting www.evonik.com and www.linkedin.com/company/evonik.