November 24, 2017

Traian Basescu on Nokia issue: they are not the only investors who will leave if we hold them back with red tape

Romanian President Traian Basescu said on Thursday after Finnish group Nokia announced that it will close down the factory in Jucu, Cluj County, as part of a cost reduction process that other investors will leave Romania too “if we keep on holding them back with red tape and hesitations to assume important decisions”. The decision left employees without jobs in seconds. About 2,200 workers were called for a session with Nokia Europe management on Thursday.

Source: Bucharest Herald (read more)

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