Germany’s Evonik hires 600 new trainees despite economic crisis

11 August 2009 14:49  [Source: ICIS news]

TORONTO (ICIS news)--Evonik has hired over 600 new trainees, despite the economic crisis, the Germany-based diversified specialty chemicals major said on Tuesday.

“Our policies for training are sustainable – and this is true even in tough economic times,” Evonik chief human resources officer and board member Ralf Blauth said.

"Well-trained junior staff is the basis for the future."

Some 520 of the 600 trainees would begin their traineeships within Evonik’s chemicals business, by far the company’s biggest division.

The other trainees would be deployed in the energy and real estate divisions as well as in Evonik’s corporate services centre, the company said.

Overall, some 2,300 young people are currently in training within Evonik, the company said.

Evonik’s traineeship quota, which measures the number of a company’s trainees in relation to its overall employment level, is around 9%, much higher than the 6.5% average in German industry, it said.

Last year, Evonik offered some 550 trainees permanent jobs after the successful completion of their traineeship.

Evonik employed some 41,000 people worldwide in 2008 and had sales of €15.9bn ($22.4bn), it said.

($1 = 0.71)

For more on Evonik visit ICIS company intelligence
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By: Stefan Baumgarten
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