Nokia agrees to to pay German say €1.3 million to end Bochum plant dispute
Posted by: admin in MobileNokia’s really on a good-will tip recently. Following on their announcement that they’ll be helping the German Say of North Rhine-Westphalia (NRW) “stimulate growth, create new jobs and generate investment for Bochum and the neighbouring cities” through the “Growth
for Bochum” program, Nokia has agreed to pay €1.3 million to NRW in hopes of settling the Bochum dispute once and for all.
Germans in the NRW area are still understandably upset after Nokia decided to close the Bochum plant and move its handset manufacturing operations to Romania, in an effort to find lower labor costs. The Bochum plant closure left some 2,300 Germans out of a job during the cold, winter months. And, Germany’s NRW has been out to get as much financial compensation out of Espoo as possible.
So, in an effort to finally squash the conflict, Nokia will be paying off the NRW with an additional €1.3 million. Nokia already put up €20 million to get the “Growth for Bochum” initiative off the ground, and it seems the Finnish handset manufacturing giant is looking to finally put an end to the job-cutting bitterness that has plagued Nokia’s PR team for too long. The €1.3 million payment caps off the already mentioned €20 million investment and the €200 million that they already ponied-up to the NRW over the Bochum plant’s closure.
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Related Articles at IntoMobile:
- German say demanding Nokia refund $60.5 million factory subsidy, Nokia laughs
- Germany demands Nokia return $92 million in subsidies by month’s end
- Nokia to pay $314 million to make the closure of the Bochum plant less painful
- Nokia: hell no we ain’t gonna pay back that $92 million
- Nokia teams up with the NRW Government and the City of Bochum for “Growth for Bochum” program
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