Nokia's subcontractors attracted to Romania

EU membership and low labour costs are turning Romania into an attractive destination for Finnish companies that want to relocate their businesses. One recent example is subcontractor Hansaprint, which will follow Nokia’s lead and relocate to Romania. The global mobile phone giant’s transfer, the most important so far, was announced by Nokia group this month, which decided to close its plant in Bochum, Germany, and move to Romania, according to the Finnish website YLE.fi. Several subcontractors and partners of the mobile phone manufacturer are expected to make similar moves and tap into the Romanian market. Hansaprint, the largest printing house in Scandinavia, will open its Romanian facilities in the same industrial park, close to the Nokia production facility, and start operations this autumn. Hansaprint is the leading provider of printing services for companies in the Baltic region that specialise in marketing solutions.