He added Nokia’s decision to close Romanian operations is purely economic and has nothing to do with business conditions provided by the country.
“I had a meeting Thursday with Nokia’s vice-president. Their decision to shut down the plant in Jucu was made in February and activity will be moved to other Nokia plants in Asia, namely South Korea, India, and China,” said Tise.
He added the company decided to shut down the Romanian unit because of its economic strategy, which targets subcontractors, many of which are in Asia.
Nokia was Romania’s second-largest exporter last year, after car maker Dacia. Between January and September 2010, the company had exported products worth a total EUR750 million.
The company’s sales in Romania rose to RON6.7 billion last year, from RON4.3 billion in 2009. In 2010, the company posted a revenue of RON7 billion and a net profit of RON181 million.