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Nokia has a strange relationship with the Finnish economy in general. The size of Nokia in comparison with the country's economy is by far the largest in the d
by aka 17y ago
Nokia has a strange relationship with the Finnish economy in general. The size of Nokia in comparison with the country's economy is by far the largest in the developed world. They make up more than 30% of the market capitalization of the Helsinki Stock Exchange, and over 25% of Finland's exports.
By way of comparison, Exxon Mobil comprises just 3% of the NYSE market capitalization. A hypothetical merger of the 6 largest companies (Exxon Mobil, Wal-Mart, Microsoft, AT&T, Johnson & Johnson and Procter & Gamble) would comprise just 10%.