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Germany Demands Nokia to return $92 million


Posted: 13 Mar 2008
TAGS: germany, nokia
Germany Demands Nokia to return $92 million

German state-owned NRW.Bank threatens Nokia with a legal action, if the latter refuses to pay back the subsidies given by the German government for the construction of the recently closed plant in Bochum.

Moreover, they demand the refunded subsidies to include interest worth $29 million.

The deadline is March 31. Wonder what option will suit Nokia.

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