Inter IKEA to invest 70 million euros in Greece’s logistics infrastructure

·

Greece’s Prime Minister, Kyriakos Mitsotakis, President of the Greek retailer Fourlis Group, Vasilis Fourlis, and Inter IKEA Holdings’ Global Logistic Units Manager, Andrea Colzani, announced Inter IKEA’s intention to invest in Greece at a meeting at the Maximos Mansion on Tuesday morning.

According to Ekathimerini, the investment will be made in partnership with the Fourlis Group, and the goal is to build a cutting-edge international distribution center spanning 50,000 square meters in Aspropyrgos, west Attica.

The new facility, which will be supplied via the Port of Piraeus, will first service Eastern Mediterranean markets such as Greece, Bulgaria, Jordan, Israel, and Cyprus, with ambitions to expand to include Egypt in the future.

“…There are highly specialised job opportunities surrounding logistics. I believe we already have a younger generation of Greeks choosing this sector for their career path,” Mitsotakis said.

The 70 million euro investment is expected to produce about 100 permanent employment, including those in IT, data analysis, logistics, and artificial intelligence.

Source: Ekathimerini

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Delacroix masterpiece to visit Greece for historic anniversary

Eugène Delacroix’s celebrated 1826 oil painting “Greece on the Ruins of Missolonghi” will travel to Greece this April.

Femicide in Greece: Statistics, stories and the struggle for change

This crime, enacted more often by a partner, ex-partner, or family member, is usually preceded by domestic violence.

Sifnos named top 2026 Greek island escape for Australian travelers

Sifnos, a tranquil jewel of the Cyclades, has been crowned the leading 2026 destination for Australian travelers.

Australia–Cyprus Achievement Awards honour service, scholarship and the next generation

The Australia–Cyprus Achievement Awards were held at the Chau Chak Wing Museum at the University of Sydney on Thursday, February 26.

Odeon of Herodes Atticus to close for three years for major upgrade

The Herodion will shut its doors at the end of July for a three-year restoration program aimed at preserving and modernizing the historic monument,...

You May Also Like

Record crowds gather as Greek Fest returns to Darling Harbour

Sydney's Darling Harbour turned blue and white on Sunday, February 19 as record crowds gathered to enjoy the Greek Fest.

Libya willing to discuss issue of maritime zone delineation, Athens says

Libya is willing to discuss with Greece the issue of maritime zone delineation, government spokeswoman, Aristotelia Peloni, said on Wednesday.

Popular Greek TV show joins search for Australia’s most wanted criminal James Dalamangas

Aggeliki Nikolouli's TV show 'Light in the Tunnel' has joined the search to help find Australia's most wanted criminal, James Dalamangas.