« COD4 and Civilization No Sony PS3 trophies: How do you feel?

Do Not Mistype Cuil »

Jul
28

Nokia to pay German state €1.3 million to settle Bochum dispute

Posted by Darren Murph in BLOGROLL, MEDIA

Filed under:

Germany wanted $6.2 million in research subsidies back from Nokia, and in addition to the "tens of millions" that the company has already relinquished after the highly-disputed Bochum plant closing, it'll be coughing up another €1.3 million ($2.04 million) to hopefully close the door on the matter. Said payment will be addressed to North Rhine-Westphalia, which was quite angry after the handset maker decided to hack 2,300 jobs from Germany and relocate operations to Romania for "lower labor costs." The sum here is in addition to the €20 million "Growth for Bochum" foundation that the outfit started, but apparently that show of goodwill didn't really change the hearts of those already bitter.

[Via PhoneScoop, image courtesy of Reuters]
Read | Permalink | Email this | Comments


VIA @ [ Engadget ] - 2 Views


This entry was posted on Monday, July 28th, 2008 at 11:24 am and is filed under BLOGROLL, MEDIA. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.