Nokia Plans To Sell Its Espoo HQ In Finland

Posted on Oct 3 2012 - 7:41am by Editorial Staff

nokiaconnectingpeople2 300x200 Nokia Planning For 4 inch ‘Glory,’ A Lumia 610 Successor

No doubt in what real trouble the once called as phone giant Nokia is in. The latest glitters coming to know is that the Finnish mobile company Nokia planning to sell its headquarters in Espoo, Finland. The news revealed by company’s CFO and EVP, Timo Ihamuotila to Finnish newspaper, Helsingin Sanomat.

“Investigations have involved a possible sale of the head office, However, we do not have any plans to move the headquarters of the rest,” said Economic and Financial Officer Timo Ihamuotila.

According to a report from other Finnish publication Iltasanomat (via Reuters), Nokia’s HQ is currently valued at $258 to $387 million while the company spokesperson confirmed the news to number of publications about the move, including Reuters.

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