„This is a project that makes me very happy as it refers to making some products and services with a high added value in the field of high technologies, in the filed of telecommunications and information science,” said Prime Minister Calin Popescu-Tariceanu, adding that the governmental funding paved the way for the setting up of this technological park. This industrial park will include a Nokia plant for manufacturing electronic equipment. The total investment will be about €200 million ($360 million) and approximately 15,000 jobs will be created, according to the official sources.

Nokia in March signed a deal with the Romanian government to open a cell phone production facility, the company’s 11th globally. Nokia said its decision to build a factory in Romania reflected increased demand for mobile devices in Europe, the Middle East and Africa. The production is expected to begin in the H1 of 2008. (people.com.cn)