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Nokia Setting Up Handset Factory in Romania

Nokia has announced that it is setting up a manufacturing facility for mobile devices in Romania. Nokia anticipates investing an estimated EUR60 (US$80) million in the Cluj plant, which will be the company's 11th mobile device production facility globally.

Nokia says that it selected Cluj as the location for the plant because of the county's availability of skilled labour, its good inbound and outbound logistics connections, its overall efficiency, and the long industrial tradition in the area.

Nokia's new facility in Cluj is located about 400 kilometers north-west of Bucharest. The construction work at Cluj will start in spring 2007 and production is expected to begin in the first half of 2008. more

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