Solvay: Service Center in Brazil
Solvay announced that it has decided to create a new shared services center in Curitiba, Brazil, which will offer a number of centralized transactional finance and accounting services to Solvay affiliates in the Americas. The new unit will be modeled on the Solvay Shared Services ("3S") created in Lisbon in 2005, which carries out a number of repetitive, standardized operations in finance and human resources management for Solvay affiliates in Europe and worldwide. The Curitiba unit will also act as backup for the center in Lisbon, consequently limiting the operational risk of the entire 3S system.
The "New 3S" center will be effectively set up in the coming months and its operations will gradually begin in the course of 2010. Once it is running at cruising speed, it will employ a total of 70 people.
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