National Press Review, 30 September

Nokia’s departure is the headline of all today’s newspapers, which cover the reasons and consequences of that determined the Finnish group to leave Romania and move the factory to Asia.

“Thunderstruck for the economy”, the Ziarul Financiar headlines, saying that the lockout of the factory in Jucu is the worst news of the year for the Romanian economy.

The analysts consulted by the newspaper said that we should expect other such departures
unless we wake up.

The România Liberă asks: “Why Nokia dismisses the employees who brought a million euros each?” and finds the decision as surprising, since the investment was amortized in just two years, while the wage costs were only 1 percent of revenues.

From the article we learn what will happen to the employees. What are the real causes of Nokia’s departure from Jucu?

The fierce competition and damaging decision to a not attack more aggressively the smart phones segment, Nokia chief explained.

The Adevărul writes that “Steve Jobs left us with no job”, namely the iPhone revolution.

The Jurnalul Naţional warns that Romania, which has just run out its second largest exporter, has only six months to offset the effects on the economy and find new investors.

And we conclude the topic with the Evenimentul Zilei, which tells us “What companies are in wait to take the vacancy left by Nokia at Cluj”.

Among the willing there are other industry giants.

From the Adevărul we learn that “Petrom makes a shock move” and take its own decision to raise the prices of gas since 1 October, which means bills by 3 percent more expensive for the population.

The Jurnalul Naţional draws our attention that cars registered in other countries can be
driven in Romania for up to 90 days only, according to a draft of the MIA.

Thereby, the Government wants to limit the damage brought by the Romanians’ option to register cars at the Bulgarian neighbors.

“Romanians got talent: supersonic flight with hydrogen peroxide”, we read in the Evenimentul Zilei.

It is about a group of engineers who built the first Romanian supersonic at Râmnicu Vâlcea.

It has a “rocket engine, but temperatures of a boiling pot”.

They now work at a small robot, which they hope to send to the Moon.

Translated by: Iulia Florescu
MA Student, MTTLC, Bucharest University