San Jose – This past week, Thomson Reuters opened a new operations center in Costa Rica that will support financial receivables of the company and other activities related to customer transactions.

The headquarters in San Jose, inaugurated today by President Laura Chinchilla, is the only hub aligned with customers in the Western Hemisphere and will support the expansion of Thomson Reuters in Latin America, the company said.

The 140 employees of the firm, based in New York, will offer their services in English, Spanish and Portuguese clients throughout the region.
“We were more than confident that Thomson Reuters discovered that Costa Rica shares values that are, in turn, Guiding Principles that guide the company in all its businesses. I mean the trust, integrity, impartiality and independence,” said Chinchilla .

Foreign Trade Minister, Anabel González, said that with the installation of the firm in Costa Rica, the country added “a world leader in professional information and news” to his group of investors in the service sector.

The Senior Vice President of Business Operations Services at Thomson Reuters, Cathy Zappa, “Costa Rica is a great destination for our new operations center and our strategy to support our global customers.”

Thomson Reuters has operations for years of financial information and news in Latin America, but in the last decade has increased its activities in the region through expansions and acquisitions.

The company became “The Law”, a local brand Argentina, in a regional legal information business, and two years ago acquired a legal publisher in Brazil and to launch the service online legal research.

Last year, Thompson Reuters acquired Bejerman Mastersaf and Systems, leading provider of tax and accounting solutions in Brazil and Argentina, respectively.

This company, based in New York and major operations in London and Eagan, Minnesota, employs approximately 60,000 people and operates in over 100 countries.

The company officials did not detail the amount of the investment in Costa Rica, only to year-end increase its workforce from 140 to 200 employees.

According to official figures, Costa Rica received 504.2 million dollars in foreign direct investment in the first quarter of 2012, representing a quarter of 2,000 million goal set for this year.

EFE

The Costa Rica News (TCRN)
San Jose Costa Rica