German State, Nokia seek Solution for Bochum Plant
Posted on Mon, 28 Jan 2008 08:35:28 CST | by Luigi Lugmayr
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DUESSELDORF, Germany (Reuters) - The German state of North Rhine-Westphalia and
Nokia will seek "innovative solutions" for a plant that the Finnish mobile phone
group plans to close to cut costs, the state said on Monday.
With around 2,300 staff jobs at the Bochum plant in jeopardy, the state and
Nokia will set up a task force to explore the situation, a government statement
said after Nokia Chief Executive Olli-Pekka Kallasvuo met local officials.
Nokia's plans to shutter Germany's last mobile telephone factory and move
production to Romania have created a storm of protest, but the company had taken
a hard line so far, insisting the Bochum plant was not competitive and had to
shut.
The world's top mobile phone maker said earlier it planned to sell its line fit
automotive business to Equity Partners GmbH and the former head of Nokia's
Enhancements unit, Razvan Olosu.
The line fit automotive unit has a plant in Bochum.
(Reporting by Matthias Inverardi)
© Copyright 2007 Reuters.
Posted on Mon, 28 Jan 2008 08:35:28 CST | by Luigi Lugmayr
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