Nokia under fire for closing German plant

The German parliament is not happy with Nokia's decision to close its Bochum, Germany plant. The phone manufacturer said earlier this week that it would close the plant by mid-2008 due to the high manufacturing costs. It plans to move its manufacturing operation to a more competitive location, probably in Romania.  

Germany is upset because the plant closing will result in 2,300 lost jobs. Hermann Otto Solms, a member of the parliament called the move a "disgrace" and said that it showed that granting state subsidies to companies was wrong.

For more on this controversy:
- see this article

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