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In this restructuring process Nokia played an important role. Despite the fact that Nokia is a leading multinational company, a major part of its business is located in Finland. Nokia plays a significant role in the economic growth of Finland, which has been one of the fastest growing in whole Europe.
I. History of Nokia
The Nokia story begins in 1865, when Fredrik Idestam, a mining engineer, establishes a paper mill at the Tammerkoski Rapids in south-western Finland, a few years later, he built a second mill by the Nokianvirta river ? the place that gave Nokia its name. In those days there was a strong demand for paper in the whole industry, the company's sales achieved its high-stakes and Nokia grew faster and faster...
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