Western Union expands operations in Costa Rica

The industry leader in money transfers has increased its local payroll by 58 per cent over the past 15 months and plans to continue growing.

Monday, May 5, 2008

Advertisements seeking personnel are increasing in size, and the hours for interviews with candidates are being extended.
Western Union's Costa Rica operation has been growing, or as the company says, "maturing." Just in the last few months its payroll grew from 425 to 675, up by 58 per cent.
The purpose of the expansion is to develop services beyond those of a call center. It wants to become a shared services center covering new areas like finances, accounting, and IT. Pilot projects in these areas are already underway. Company officials say the number of employees could grow to 1,200.

More on this topic

Western Union to Expand Operations in Costa Rica

March 2009

The transnational will expand its payroll in the country by 100 employees in order to reach 1,200, with the addition of new services.

According to the newspaper La Nación of Costa Rica: "Recently, the multinational moved another business to the country: Its fraud prevention unit which joins other services incorporated in June in the accounts, administrative and financial regulation compliance areas."

Western Union opens regional headquarters in Panama

September 2008

With the opening of an office in Panama, multinational company Western Union will now manage from there its operations in Colombia, Ecuador and Venezuela.

Liz Alicea-Velez, executive vice-president for Latin America and the Caribbean of this leading company in global money transfer, said that she is satisfied with the new business model which will allow them to manage operations in the three South American countries from Panama.

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BioTD Firm Seeks New Markets

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The Costa Rican company is investing $5 million in expanding its operational plant and plans to expand beyond the isthmus.

The Costa Rican company Biotechnology Developers (BioTD) expanded its operating plant in Heredia, Costa Rica, with an investment of $5 million, which should allow it to significantly expand its production capacity, reported elfinanciero.cr.com.

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