Finnish Nokia will move its production from Romania to the neighboring Republic of Moldova on strictly economic reasons, and the measure would be applied in other countries as well, according to Valerian Vreme, the Romanian Communication Minister (in picture).

Nokia officials have however denied the information about the alleged move to the Republic of Moldova. “As far as I know, we're talking about 90 percent of the employees, around 1,900 people. We're talking about globalization here. We're happy when they come, we're upset when they go,” said Vreme.

The Repubic of Moldova has a cheaper labor force, according to Vreme.

“But there are companies which want to come to Romania: Huawei, Dell, ZTE. Those I have met, all want to expand their business to Romania, to open development centers,” Vreme went on.

More about the Nokia factory closing down, here.

editor@romania-insider.com

(photo source: Communications Ministry)