Nokia considering to close and sell its Espoo Campus
Nokia is reportedly considering to close off and sell its Espoo campus and HeadQuarters in Helsinki for about a quarter of a million dollars. The building which overlooks the Baltic Sea is emblematic for Nokia and the Finnish IT sector. The sale of the building and real estate could make its balance sheet look a bit better for the year.
The troubled nordic mobile phone maker is yet to rebound from huge losses in the past quarters. And their new strategy of partnering up with Microsoft has yet to yield any positive returns.
The news was first reported by HS.fi and is being widely covered by the IT news sector.
View of the Nokia corporate headquarters in Keilaniemi, Espoo, Finland
- Nokia considers selling its Espoo headquarters for an estimated $250 million (theverge.com)
- Troubled Nokia considers sale of its Espoo HQ in Finland to cut down on costs (thenextweb.com)
- Is Nokia selling off its headquarters in Espoo, Finland? (engadget.com)
- Nokia staying in Espoo HQ, but considers selling and renting to cut maintenance and repair costs? (mynokiablog.com)
- Nokia considering HQ sell-off in cost cut scramble (slashgear.com)
