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Leading communications technology firm Nokia has announced on Friday that it will further expand its Komárom plant (northwest Hungary), investing EUR 10 million in the project.
Construction of the new building, in which Nokia will deal with delivery-related tasks, will be launched soon, Nokia said in a statement. The new facility will sprawl on 10,000 sqm and is to be complted by August this year.
Mobile phone production kicked off in the Komárom plant seven years ago and the factory produced its 300 millionth handset (a Nokia 2310) at the end of 2006.
“The new investment indicates that Nokia remains committed to Hungary and the Komárom plant," said Timo Kahelin, chief executive of Nokia Komárom Kft.
In January 2004, Nokia decided to expand the Komárom unit and pumped more than EUR 50 million into it, widening the production area to over 50,000 square metres.
The factory currently operates with a staff of some 4,000 people, but Nokia said it would recruit additional workers.
Expansion = more handsets being made = more handsets being sold.
Nice.
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.
