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Microsoft takes over Nokia HQ

Nokia has vacated its long-time headquarters in Keilaniemi Espoo, following the sale of its mobile phone business to its smartphone platform partner Microsoft. The PC and software giant will now be taking up residence in the former Nokia premises.

Nokian pääkonttori Espoossa.
Leading PC and software company Microsoft is set to take over former Nokia headquarters following confirmation of its purchase of the company's mobile phone business. Image: Sari Gustafsson / Lehtikuva

PC and software giant Microsoft is set to take over the former Espoo headquarters of mobile technology company Nokia, following its purchase of the Finnish company’s struggling mobile phone business.

The space is currently owned by the property investment and management company Exilion, since Nokia surrendered ownership in a sale-and-lease-back arrangement commonly used in corporate circles. At the time Nokia pocketed 170 million euros in the transaction.

Some of Nokia’s remaining employees – including management and research teams -- will relocate to Nokia’s own premises in Karaportti, Espoo, while others will set up in Otaniemi.

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Govt parties defend administration's policies at May Day events

Olli Immonen

Coalition parties used the occasion of May Day to close ranks and defend the administration’s record during its year in government. Centre Party secretary Timo Laaninen said that Finland was now on the right path and listed the government’s achievements. The Finns Party’s Sampo Terho said the party has not strayed from its roots and the National Coalition Party’s Arto Satonen said that the government’s employment and entrepreneurship policies are bound to create new jobs.

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Opposition, labour leaders slam govt’s job creation efforts in May Day speeches

Opposition parties and labour unions lined up to take down the government’s attempt to create jobs during traditional May Day speeches Sunday. Opposition SDP chair Antti Rinne said the party had an alternative plan to create tens of thousands of jobs this year, while outgoing Left Alliance leader Paavo Arhinmäki accused the administration of a neo-liberal agenda of which Margaret Thatcher and Ronald Reagan would be proud. Trade union confederation chair Lauri Lyly said government’s focus had been on tightening conditions for receiving unemployment benefits.

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