Nokia to move headquarters for East Europe to Budapest

Deals

Finnish handset maker Nokia will move its headquarters for East Europe from Vienna to Budapest, the Austrian daily Presse reported citing company spokesperson Alma Mautner on Monday.

Nokia will regroup the management of its operations, moving Austria to the Western region, she said. In Hungary, Nokia has laid off about 2,100 people at its base in the Hungarian city of Komárom this year as part of a restructuring which involves moving production to Asia.

OTP Redeems EUR 400 mln of Green Securities Banking

OTP Redeems EUR 400 mln of Green Securities

KDNP Pulls out of EPP After Tisza Joins Elections

KDNP Pulls out of EPP After Tisza Joins

Magyar Telekom Announces Share Buyback for June 19-26 Telco

Magyar Telekom Announces Share Buyback for June 19-26

Int'l Travelers to Europe Prioritize Safety, Quality This Su... Tourism

Int'l Travelers to Europe Prioritize Safety, Quality This Su...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.