HomeArchivePfizer Concentrates Regional Operations in Costa Rica

Pfizer Concentrates Regional Operations in Costa Rica

Pharmaceutical giant Pfizer announced this week the company will move all of its Central American and the Caribbean operations to its offices in Heredia, north of San José.

Alejandra Castro, corporate affairs director for Pfizer Central America and the Caribbean, cited the Costa Rican government’s decision to deal with the current financial crisis as one of the main reasons for making the move here.

“The management made the decision based on the fact that Costa Rica is a country which is politically and economically  stable,” Castro told The Tico Times. “The basis of our decision was to concentrate the markets in one region that has demonstrated a high performance with a group of professionals … with a strong academic background.”

Castro denies the company is making the move to cut operating costs, but does confirm the company has been affected by the current financial downturn.

Since last January, Pfizer has hired additional local employees to support the incoming international staff. As of Tuesday afternoon, the company had not confirmed the exact number or type of positions filled.

“There are no new positions regarding this change, since they have already been filled,” Castro said.

The move will begin in January 2010. The company, which has been operating in Costa Rica for 50 years, will welcome about 63 employees from the Caribbean and other Latin American countries.

Those employees will work in the finance, business and administrative departments at the company’s logistics center, located in Heredia’s zona franca, or tax-free zone area.

Pfizer made the decision to concentrate all of its operations in January, but decided to officially announce it Monday to coincide with the visit to Costa Rica this week of Jean-Michel Halfon, the group’s president for emerging markets.

–Vanessa I. Garnica

 

Trending Now

Costa Rica Raises Mandatory Vehicle Insurance Rates for 2027

Anyone owning a car in Costa Rica will face higher mandatory insurance costs in 2027, with private vehicles, motorcycles and buses among the categories...

Costa Rica’s Public Schools Have Lost 180,000 Students in Five Years

Public school enrollment in Costa Rica has fallen 16.5% since 2021 as births decline, while private schools have added more than 12,000 students.

New Details Reveal Political Contacts of Producers in Costa Rica Money-Laundering Probe

New details emerging from Costa Rica’s investigation into alleged drug-money laundering through concerts show that two prominent event producers detained this week had recent...

Woman Sought After 74-Year-Old American Found Dead in Playas del Coco

Police in Guanacaste are seeking a woman seen leaving a Playas del Coco condominium where a 74-year-old American man was later found dead.

Costa Rica Ransomware Attacks Rise 39%, Microsoft Reports

Ransomware attacks targeting Costa Rica increased by 39% over the past year, placing us among the world's ten most affected nations, according to Microsoft's...

Landslides Close Costa Rica’s Route 32 Between San José and Limón

Costa Rica’s main highway between San José and the Caribbean remained closed this morning after heavy rain triggered landslides at several points along...

Costa Rica Raids 80 Locations in Major Fuel Theft and Organized Crime Investigation

Costa Rica's OIJ carried out 80 raids Friday against an alleged network accused of stealing 654,000 liters of fuel and $1.5 million in cargo, with 22 detained.

Panama Earthquake Aftershocks Could Shake Costa Rica for Weeks

Costa Rica could experience more tremors in the coming days and weeks as Panama continues to record aftershocks from yesterday's powerful magnitude 7.7 earthquake....

Pandora Closes All Five Stores in Costa Rica, Leaving Shoppers With Questions

Jewelry retailer Pandora has closed all five of its stores in Costa Rica, leaving customers wondering whether the popular Danish brand plans to reopen...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel