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Nokia and Gradiente Electronica Open a New Factory
March 29, 1999
Nokia announced today that it has begun operations in its new manufacturing facility owned jointly with Gradiente Electronica S.A. in Manaus, Brazil.
Nokia and Gradiente established a joint venture, NGI Limitada, on January 1st 1998 for the production of mobile phones for the Brazilian market.
The new factory, which with over 10 000 square meters doubles the factory space of its previous factory in Brazil, will produce digital handsets for the Brazilian market under the Nokia and Gradiente brand names.
Nokia is the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks including related customer services. Nokia also supplies solutions and products for fixed and wireless datacom, as well as multimedia terminals and computer monitors. In 1998, net sales totaled FIM 79.2 billion (USD 15.7 billion, EUR 13.3 billion). Headquartered in Finland, Nokia is listed on five European Stock Exchanges and on the New York Stock Exchange (NOK.A), has sales in over 130 countries and employs more than 44,000 people worldwide.
Contact information:
Blanca Juti
Nokia Corporate Communications Department, Americas
Tel: (Int.) 1 972 894 4707
Fax: (Int.) 1 972 894 4706
Marta Dourado
Fundamento
Tel: 55 11 536 49 66
Fax: 55 11 530 8306
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