Nordic Business Report-June 30, 2006-Draka Holding NV to close cable factory in Finland
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The Netherlands-based international cable manufacturer Draka Holding NV's subsidiary Draka Comteq is reportedly to close its telecomms cables plant in Oulu, Finland.
Draka Comteq plans to transfer the production to its other factories in Russia, Germany and Denmark, according to the Finnish newspaper Kaleva, as quoted by the news agency STT.
The closing of the factory will affect 170 employees.
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