News

Nokia Plans $391 Million Investment In Germany

Nokia

Finland’s Nokia said on Wednesday it plans a 360 million euros ($391 million) investment in software, hardware and chip design at its Ulm and Nuremberg sites in Germany.

The four-year project is being funded by the company, the German Federal Ministry of Economics and Climate Protection and two German states, Nokia said in a statement.

(Reporting by Greta Rosen Fondahn; editing by Terje Solsvik)

 

Greta Rosen Fondahn
Related News
Related sized article featured image

New leadership guide argues organisations must rethink operating models more frequently as disruption accelerates.

News Team
Related sized article featured image

Make UK leader told industry conference UK must move faster on growth, energy costs, skills and defence investment.

News Team