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With subsidies of 63 million dollars over a 10 year range Nokia build a huge plant in Germany, employed some 3200 people, had supply chains running, etc. The fa
by splittingTimes 5y ago
With subsidies of 63 million dollars over a 10 year range Nokia build a huge plant in Germany, employed some 3200 people, had supply chains running, etc. The factory was profitable. However, once the 10y contract was over they closed the factory and relocated to Romania. And this was in a year where Nokia posted 7.2 billion in profits..
Same with afshion companies and car manufactures.
https://www.ft.com/content/74ab02a6-fd85-11df-a049-00144feab49a https://www.ft.com/content/74ab02a6-fd85-11df-a049-00144feab...
- panick21 5y ago> You are turning the exceptional case and pretending it is the usual case.