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Nokia closing down in Romania - Hungary next?

RomaniaPosted by Chambers of Commerce Sweden - Southeast Europe Fri, September 30, 2011 13:22:54

Nokia said yesterday it would close the Cluj factory in Romania, which opened just four years ago and manufactured more simple cellphone models, leading to 2,200 job losses. The plant turnover was comparable to 1.3 percent of Romania's GDP last year according to Reuters.
Nokia said it was also evaluating the future of its plants in Hungary and this would result in job cuts next year. (Reuters, 29 Oct)

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