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Nokia to turn Romania to be world biggest mobile factory

Due to the closing of its factory in Germany, which becomes controversy, Nokia plans to to turn its Romanian factory to be the biggest mobile factory in the world. It is hopefully to be realized by the end of 2009. Local newspaper, Ziarul Financiar said, the factory to open on Feb. 11 near the Romanian city of Cluj, is hiring about 100 people a week and intends to employ 3,500 people.

Well, in the era of globalization, production cost is definitely a major attention. Since producing in developed country can cost million, big company tends to relocate its plant to lower cost area, like East Europe and Asia. As a book ever said, all the job later will be migrated to developing countries, while many people from rich country are going to be struggle for a job.

Source: Bloomberg

Industry, Nokia

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