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Nokia assets seized by Romanian tax authority

Written by Andre Yoskowitz (Google+) @ 13 Nov 2011 21:03

Nokia assets seized by Romanian tax authority Romanian tax authorities have seized local assets of Nokia due to unpaid debts.
It appears that the company owed around $10 million.

Sorin Blejnar, the head of the authority, confirmed the move:

We decided to seize the assets as a precautionary measure to prevent Nokia from selling them before they pay their debt to the state. This won't affect the activity of the factory.

Nokia announced in September that it was shutting down its Romanian factory.

(Pic via BGR)

Tags: Romania Nokia
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