Technology &Telecoms
Nokia To Move Romanian Operations To South Korea, India, China
Finnish mobile giant Nokia will be moving its production operations to factories in South Korea, India and China after shutting down its Romanian unit at the end of this year, said Alin Tise...
Nokia To Seek Buyer For Jucu Facility, After Plant Shutdown - CEO
Nokia Corporation chief executive officer Stephen Elop on Thursday said the company will seek out buyers for the Jucu plant, which it plans to shut down.
Nokia To Jucu Staff: "This Is Painful, But Necessary"
In a letter sent to all employees at Romanian plant Jucu, mobile phone maker Nokia explains why the plant needs to be shut down and where this operation fits within the company's global stra...
Nokia Keeps Romanian Plant Open Until Yearend, Pays Employees Until March 2012
Nokia’s plant in Jucu, Romania, will stay open until the end of the year and employees will continue to receive wages until the end of March 2012, employees were told Thursday after the Finn...
Vreme Calls For State Aid Scheme Backing IT&C Industry Following Nokia Shutdown Plan
Romanian Communications Minister Valerian Vreme called for the urgent application of a state aid scheme backing IT&C investments Thursday, after Finnish mobile giant Nokia announced it is sh...
Nokia To Shut Down Romanian Manufacturing Line By Year-End, 2,200 Jobs Cut
Finnish mobile phone maker Nokia on Thursday announced it will shut down the Romanian Jucu plant, within a broader strategy meant to restore competitive edge.
Nokia Might Lower Romanian Plant Output, Cut Back On Staff – Sources
Finnish mobile giant Nokia might reduce output from its Romanian production line at Jucu, Cluj county, sources within the plant’s union said Thursday, adding such a decision would lead to th...
Former Public Servant Creates Free EU Fund App For iPhone And iPad
Ionut Ilie, an executive who quit his public sector job at the end of last year to set up his own European fund consultancy business, has developed a free iPhone and iPad application intende...
Stefanescu, Gersim: Cell Phone Market Will See Single Digit Growth This Year
Cell phone sales in Romania increased in the first eight months and the full-year growth will reach 5% to 10%, estimates Dan Stefanescu, general manager and owner of cell phone distributor G...