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

Russian secret service accuses Ecumenical Patriarch of undermining Orthodoxy

Russia’s Foreign Intelligence Service has launched an unprecedented public attack on Ecumenical Patriarch Bartholomew.

Thanasi Kokkinakis makes emotional comeback in Adelaide after injury-hit year

Thanasi Kokkinakis marked an emotional return to singles competition with a hard-fought first-round victory at the Adelaide International.

Hellenic Lawyers’ eligibility decision excludes State Chair one day before election nominations

The Hellenic Australian Lawyers (HAL) is facing growing scrutiny over how its membership rules are being interpreted.

Historic Epiphany celebrations draw hundreds to Batemans Bay

Hundreds gathered in Batemans Bay to celebrate Epiphany, as young Canberra diver Julian Pilavakis retrieved the Holy Cross.

Panos Morogiannis retrieves the Holy Cross at Canberra Epiphany celebrations

The Greek Orthodox Community and Church of Canberra and Districts hosted the annual Epiphany service in the nation’s capital on Sunday.

You May Also Like

Greek researchers say close to launching own, cheaper COVID-19 test

Researchers in Greece say they are close to launching a molecular test to detect COVID-19 which could provide a cheaper alternative to imported kits and uninterrupted access to supplies.

Elon Musk warns of Greece’s ‘death’ as school closures highlight population decline

Elon Musk has sounded an alarm over Greece’s demographic crisis after reports that 766 schools will shut this year due to dwindling numbers.

Oakleigh Cannons defeat South Melbourne to be crowned NPL Victoria champions

Oakleigh Cannons FC have been crowned NPL Victoria Men’s Champions 2022 after defeating South Melbourne FC 5-0 at Olympic Village on Sunday.