The employees who were made redundant from the Jucu plant in Cluj run by Finnish company Nokia will receive an EUR 100- EUR 200 ‘allowance for job interviews.’ The money should be spent by the former employees on clothes, shaving and hair cuts which should make them presentable when going to job interviews. The funds come from the European Globalisation Adjustment Fund, which considered this initiative an ’innovative’one, ”When we subnitted the file for obtaining funds from the EGAF, we asked if it would be possible to finance such an ’interview allowance’ [...]

Finish telephone company Nokia has decided on a smaller compensation package for the employees of the soon-to-be-closed factory at Jucu, Romania, than what the employees had asked. From April 2012, most of the employees will receive three compensation salaries and a Nokia 500 smartphone (in picture) – the model that was produced at Jucu, while senior employees will get seven or eight compensation salaries and the same smartphone. The employees union had asked for 20 to 30 compensation salaries for the laid off workers, but Nokia negotiated it down. Nokia will thus pay around EUR 523 to most [...]

Nokia Metal union leader Valentin Ilcas confirmed Wednesday that the collective work contract unionists at Nokia’s plant in Jucu, Romania, signed with the company does not state the granting of severance payments. source: Ziarul Financiar

The departure of Finnish mobile company Nokia marks the exit from the Romanian market of the largest employer of temporary workforce. source: Ziarul Financiar

Nokia, which has recenty announced its intention to close down its factory in Romania, was the fourth largest company in Romania based on turnover in 2010 and also the country’s second largest exporter, after car maker Dacia, covering 7.8 percent of the exports. Its decision to leave Romania will most likely impact the country’s economy and weaken other foreign investors’ trust in Romania. Romanian PM, before Nokia announcement: High risk of multinationals leaving Romania Nokia contributed to the state budget with EUR 21.8 million last year, while in the first eight months [...]

Finnish Nokia will move its production from Romania to the neighboring Republic of Moldova on strictly economic reasons, and the measure would be applied in other countries as well, according to Valerian Vreme, the Romanian Communication Minister (in picture). Nokia officials have however denied the information about the alleged move to the Republic of Moldova. “As far as I know, we’re talking about 90 percent of the employees, around 1,900 people. We’re talking about globalization here. We’re happy when they come, we’re upset when they go,” said Vreme. The [...]