As of September 30, 2025, Covestro had 17,660 employees worldwide (December 31, 2024: 17,503). Personnel expenses in the third quarter of 2025 amounted to €491 million, unchanged from the prior-year quarter.
| Employees by division1 | ||
|---|---|---|
| Dec. 31, 2024 | Sep. 30, 2025 | |
| Production | 12,092 | 12,304 |
| Marketing and distribution | 2,731 | 2,740 |
| Research and development | 1,336 | 1,314 |
| General administration | 1,344 | 1,302 |
| Total | 17,503 | 17,660 |
1 The number of employees on either permanent or temporary contracts is stated in full-time equivalents (FTE). Part-time employees are included on a pro-rated basis in line with their contractual working hours. Board of Management members and employees in vocational training are not included.
Provisions for pensions and other post-employment benefits decreased to €284 million as of September 30, 2025 (December 31, 2024: €387 million). This was mainly due to a reduction in the measurement of obligations as a result of higher discount rates in Germany.
| Discount rate for pension obligations | ||
|---|---|---|
| Dec. 31, 2024 | Sep. 30, 2025 | |
| % | % | |
| Germany | 3.50 | 4.00 |
| United States | 5.40 | 5.10 |