ZF English

Nokia to spend 200m euros on Cluj-based plant

08.03.2007, 20:51 6

Nokia intends to invest 200 million euros in a mobile telephone factory and a research centre in Cluj. The final discussion between representatives of the County Council and those of the Finnish group would be held by March 20, after which a decision would be made on the possibility of investing in Romania, stated the chairman of the Cluj City Council, Marius Nicoara. Nokia officials confirmed that Romania was one of the locations considered for the opening of a new plant, but declined to provide further details. "Given that demand for mobile phones is seeing a steady increase, Nokia has looked into opportunities of increasing its production capacities in order to meet the growing demand from customers. Nokia confirms that it is examining various opportunities to build a new production facility in a number of locations, and one of the possible locations has been identified as Romania. However, since no final decision has been made on this matter, we have no comment to make, for the time being," Anna Simai, Communications Manager for Nokia Hungary & Romania told ZF.

Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels

Urmează ZF Bankers Summit'24