Friday, March 23, 2007

Nokia to build 200 mln euro plant in Romania

BUCHAREST, March 23 (Reuters) - Finnish-based Nokia (NOK1V.HE: Quote, Profile, Research) plans to build a 200 million euro ($266.7 million) mobile phone plant in Romania, a local government official said on Friday.

"We will sign a memorandum with Nokia next week. It is a 200 million euros investment," said Marius Nicoara, a local government official in the city of Cluj said.

((Reporting by Radu Marinas; editing by Erica Billingham Reuters Messaging: radu.marinas.reuters.com@reuters.net; +40-21-315 8320))

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