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Nokia Agrees to Pay Back German State Over Plant Closure

Jul 28, 2008, 8:26 AM by Eric M. Zeman

Earlier this year, Nokia announced that it would close a manufacturing plant in Bochum, located within the German state of North Rhine-Westphalia. The government of North Rhine-Westphalia had given Nokia four millions euros in grants to build the plant to begin with. When Nokia announced the plant closure, North Rhine-Westphalia sought to be reimbursed for those grants. Nokia has agreed to pay North Rhine-Westphalia 1.3 million euros to resolve the matter. About 2,300 workers lost their jobs as a result of the closure.

Yahoo News / AFP »

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Comments

This forum is closed.

This forum is closed.

FishTac0

Jul 28, 2008, 9:16 AM

Ouch

2,300 people lost their jobs because of this. That really sucks for the people living there. I wonder how many plants Nokia owns? They probably have millions working for them in total so losing 2,300 wopuldn't be much to them. ☹️

VZWKYO

Considering that I am factory worker myself, it saddens me to see something like this happen. Considering that life over the seas is different than ours here. Half of them will be lucky to find a new job.

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