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Rumour that Nokia could be leaving Finland countered by CEO Elop

Thursday, 14 June 2012
There has been persistent rumour that Nokia could be wiped out of Finland. But the company's CEO, Stephen Elop says that most important product development work and headquarters will remain in the country.


On Thursday afternoon, the CEO came under intense pressure about the future of the company and worried that there is a secret deal to rake the company out of the country.

Elop added at the press conference he gave to talk the company up that Nokia plans to invest more in developing the flagship Lumia handset, and that two-thirds of this development is taking place in Finland.

The phonemaker is buying imaging technology and specialists from Scalado, based in the southern Swedish town of Lund.

During a half-hour press conference at Nokia headquarters in Espoo, Elop said that Lumia phones are selling better on a week-by-week basis, but that was virtually the only good news on offer on Thursday.

At the press conference, Nokia's leadership stressed the ongoing importance of the Salo facility, although some 80 percent of its staff is being made redundant.
"Nokia's core product development will remain in Salo," said Juha Äkräs, Nokia's Executive Vice President, Human Resources.

He said Tampere and Oulu will also retain their strategic importance. Elop said redundancy talks would begin immediately, but that it remains unclear exactly how the number of reductions will break down among the company's various locations in Finland



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