NOKIA Plans To Close Its Production Plant In Bochum

BOCHUM, GERMANY - JANUARY 16: The logo of Finland's mobile phone manufacturer Nokia is seen at the company's plant on January 16, 2008, in Bochum, Germany. A confederation of German unions warned that the decision by Nokia to close its plant in Bochum threatened the region's economic future. Nokia said in a statement that the factory employed 2,300 workers and that production would be transferred to more competitive factories in Europe. Bochum lies in the Ruhr valley, an economically depressed region that has lost its historic mining and steelmaking industries. (Photo by Patrik Stollarz/Getty Images)