Nokia shifts central Europe HQ from Austria to Hungary

Nokia has confirmed it is to move the headquarters for its central and eastern Europe region from one country's capital to another.

Nokia is relocating its Central and Eastern European HQ to Hungary.

The regional headquarters will be moved to the Hungarian capital of Budapest from its current location of Vienna, Austria.

Nokia HQ
Nokia is shifting its Central and Eastern European offices to Hungary. Image credit: Nokia

"Following the announcement on 14 June regarding sharpening our strategy and organisation, we redefined some of our regional set-ups and will manage the Central and Eastern Europe countries from Budapest — they were managed as part of a different regional set-up from Vienna in the past," a Nokia spokeswoman said.

The announcement in June  saw Nokia overhaul its management team and cut 10,000 jobs. The company had earlier announced that it would close its Komarom factory in Hungary, with the loss of thousands of jobs.

The company would not confirm whether there will be any redundancies from the HQ move, or whether the staff from the Austrian office will be transferred to the Hungarian one. The company is "still in the planning phase" and couldn't provide any more details on staffing levels, the spokesperson said.

Nokia will still have a sales unit in Austria, she added, "with a strong local team that will continue to sell Nokia devices, offer Nokia services and ensure customer care for our products".

Europe remains Nokia's biggest market, accounting for €2bn (£1.58bn) of sales — around 30 percent of the company's total — in the second quarter of this year.