Equifax Inc., a multinational company in the financial services sector, the Costa Rican Investment Promotion Agency and the Ministry of Foreign Trade of Costa Rica, announced that Equifax Inc. will hire 400 employees in the next three years for its Shared Services Center, from which it will provide support for its operations in 19 countries in North America, Latin America and Europe. 

The expansion will enable its Global Shared Services Center, based in Costa Rica, to strengthen its Information Technologies, Information Security and Business Operations in support of new lines of business, products and services.  Additionally, it will deliver global functions that support Finance, Accounting and Procurement.

The President of the Republic, Luis Guillermo Solis, welcomed the news and said that during his visit to the United States he met with executives from Equifax to assess the possibility of expanding its presence in Costa Rica. "Today we welcome the opening of new quality jobs that offer growth opportunities for Costa Ricans. These announcements confirm that the country generates confidence in high level foreign investment."

The company makes the announcement six months after being visited during the investment promotion tour to the United States, organized by CINDE and headed by the President of the Republic, Luis Guillermo Solis and the Minister of Foreign Trade, Alexander Mora.

"We are pleased to continue to grow our operations in Costa Rica," said Andy Bodea, Chief Global Operations Officer for Equifax.  "Our experience in Costa Rica has been excellent and the support we've received from the government, CINDE and our partners has been instrumental in our decision to continue to expand here." 

Minister Mora said: "Equifax is one of the pillars that allowed the development of the services sector in Costa Rica. The time it has operated in our country has not passed in vain; it has been a period of constant evolution, adapting to new trends to stay ahead of the technology in a very dynamic economy. The business lines that it is now seeking to expand are the latest example of its experience, which also opens a new range of new opportunities in areas that many talented workers, with high capacity to innovate, will certainly benefit from. We hope it continues growing its business for many years and benefiting hundreds of Costa Ricans with quality job opportunities," he concluded.

"This year we are celebrating two decades in Costa Rica and this expansion is the result of the capabilities and quality of the Costa Rican workforce as well as the business climate. Costa Rica will be our largest concentration of employees outside of the U.S." said Jairo Quiros, Senior Site Director for the Shared Services Center in Costa Rica. 

Jorge Sequeira, Managing Director of CINDE, said "Equifax has invested millions of dollars in Costa Rica to date and it plans to virtually double its investment by the end of 2018, which is very good news for the country. With 20 years in national territory today the company continues to grow in the hands of Costa Rican human talent. We thank Equifax for their confidence to reinvest in their local operations and continue to open development opportunities for the population."