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Covestro
4.4
based on 130 Reviews
Company Overview
Company Locations
Working at Covestro
Company Summary
Covestro supplies advanced polymer materials while addressing environmental challenges through innovative, sustainable solutions in modern manufacturing.
Overall Rating
4.4/5
based on 130 reviews
Highly rated for
Company culture, Work-life balance, Salary
Work Policy
Work from office
63% employees reported
Monday to Friday
69% employees reported
Flexible timing
70% employees reported
No travel
51% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
17 employees reported
Free meal
14 employees reported
Job/Soft skill training
12 employees reported
Health insurance
11 employees reported
View all benefits
About Covestro
Founded in2015 (10 yrs old)
India Employee Count201-500
Global Employee Count10k-50k
HeadquartersLeverkusen, Germany
Office Locations
--
Websitecovestro.com
Primary Industry
--
Other Industries
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Covestro is among the leading suppliers of premium polymers. Our materials and application solutions are found in nearly every area of modern life. Innovation and sustainability are the driving forces behind the continuous development of our products, processes and facilities.
Covestro develops sustainable solutions to the greatest challenges of our age: climate change, resource depletion, urban expansion, population growth and the resulting increase in awareness of environmental issues. These will inevitably lead to a higher demand for renewable energies, alternative resources, energy-efficient transportation, and sustainable, affordable housing.
Covestro aims to meet this demand with long-lasting, light, environmentally friendly and cost-effective materials, which in many cases are suitable replacements for conventional materials such as steel and glass.
We do so by focusing on innovation and sustainability and by following our objective: "To make the world a brighter place".
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Covestro Ratings
based on 130 reviews
Overall Rating
4.4/5
How AmbitionBox ratings work?
5
86
4
28
3
5
2
3
1
8
Category Ratings
4.3
Company culture
4.3
Work-life balance
4.2
Salary
4.1
Skill development
4.1
Work satisfaction
4.0
Job security
3.5
Promotions
Covestro is rated 4.4 out of 5 stars on AmbitionBox, based on 130 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Covestro
based on 127 reviews
3.1
Rated by 16 Women
Rated 3.5 for Salary and 3.5 for Skill development
4.5
Rated by 111 Men
Rated 4.5 for Company culture and 4.4 for Work-life balance
Work Policy at Covestro
based on 16 reviews in last 6 months
Work from office
63%
Hybrid
31%
Permanent work from home
6%
Covestro Reviews
Top mentions in Covestro Reviews
+ 5 more
Compare Covestro with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.4/5 based on 130 reviews | 4.4/5 based on 562 reviews | 4.2/5 based on 379 reviews | 4.1/5 based on 307 reviews |
Highly Rated for | Work-life balance Company culture Salary | Work-life balance Company culture Skill development | Work-life balance Company culture Job security | Work-life balance Salary Company culture |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 63% employees reported | Work from office 52% employees reported | Work from office 71% employees reported | Hybrid 57% employees reported |
Rating by Women Employees | 3.1 Average rated by 16 women | 4.3 Good rated by 75 women | 4.5 Good rated by 19 women | 4.2 Good rated by 95 women |
Rating by Men Employees | 4.5 Good rated by 111 men | 4.4 Good rated by 434 men | 4.3 Good rated by 337 men | 4.1 Good rated by 195 men |
Job security | 4.0 Good | 4.1 Good | 4.0 Good | 3.8 Good |
View more
Covestro Salaries
Covestro salaries have received with an average score of 4.2 out of 5 by 130 employees.
Executive Production
(49 salaries)
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₹2.8 L/yr - ₹10.1 L/yr
Production Manager
(11 salaries)
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₹12.5 L/yr - ₹23.1 L/yr
Procurement Executive
(9 salaries)
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₹4.7 L/yr - ₹5.5 L/yr
Quality Executive
(7 salaries)
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₹1.8 L/yr - ₹9.2 L/yr
Manager Instrumentation
(6 salaries)
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₹13.1 L/yr - ₹22 L/yr
Maintenance Manager
(6 salaries)
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₹13 L/yr - ₹29.8 L/yr
Shift Manager
(6 salaries)
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₹13 L/yr - ₹22 L/yr
Senior Product Executive
(6 salaries)
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₹5.5 L/yr - ₹9.5 L/yr
Sales Manager
(5 salaries)
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₹10.5 L/yr - ₹21.9 L/yr
Executive Engineer
(5 salaries)
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₹4.5 L/yr - ₹7.4 L/yr
Covestro News
Clop ransomware gang names dozens of victims hit by Cleo mass-hack, but several firms dispute breaches
- The Clop ransomware gang has named dozens of corporate victims it claims to have hacked by exploiting a vulnerability in Cleo's file transfer products.
- Clop claimed to have breached 59 organizations using the bug in Cleo's LexiCom, VLTransfer, and Harmony products.
- German manufacturing giant Covestro confirmed unauthorized access to its logistics server, while other organizations disputed Clop's claims of compromising their systems.
- Clop is threatening to publish the stolen data on January 18 unless ransom demands are paid.
TechCrunch | 16 Jan, 2025
CCI Approves ADNOC's $16.4 Billion Acquisition Of Covestro
- Fair trade regulator CCI approves Abu Dhabi National Oil Company's proposal to acquire Covestro for $16.4 billion.
- The proposed transaction involves the acquisition of up to 100% of the share capital of Covestro AG by ADNOC PJSC, ADNOC International Ltd, and ADNOC International Germany Holding AG.
- ADNOC Germany will additionally subscribe to 1.89 crore new shares in Covestro, corresponding to 10% of Covestro's current share capital.
- Covestro is a chemical producer specializing in high-performance polymer materials and solutions.
Bloomberg Quint | 11 Dec, 2024
Germany’s Sonnenwagen Aachen team finishes second, third in solar race
- Germany’s Sonnenwagen Aachen team finished second and third at the iLumen European Solar Challenge 2024.
- The team's Covestro Photon solar car secured second place, while their newer car, Covestro Adelie, came in third.
- The race took place in Belgium and featured 18 competitors in all classes.
- Sonnenwagen Aachen is now preparing for next year's Bridgestone World Solar Challenge with new race requirements.
Pv-Magazine | 31 Oct, 2024
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Covestro FAQs
When was Covestro founded?
Covestro was founded in 2015. The company has been operating for 10 years.
Where is the Covestro headquarters located?
Covestro is headquartered in Leverkusen.
How many employees does Covestro have in India?
Covestro currently has more than 200+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Covestro based on the number of reviews submitted on AmbitionBox.
Does Covestro have good work-life balance?
Covestro has a work-life balance rating of 4.3 out of 5 based on 100+ employee reviews on AmbitionBox. 88% employees rated Covestro 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Covestro work-life balance reviews for more details
Is Covestro good for career growth?
Career growth at Covestro is rated fairly well, with a promotions and appraisal rating of 3.5. 88% employees rated Covestro 4 or above, while 12% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Covestro reviews for more detailed insights.
What are the pros of working in Covestro?
Working at Covestro offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, work life balance and salary & benefits, based on 100+ employee reviews on AmbitionBox.
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