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

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.

APL takes interim control of Mariners as ownership sale proceeds amid Hanlin bid

The APL has taken interim control of the Mariners, placing the club’s sale process - including the Damon Hanlin's bid - under oversight.

Love and luck at Port Melbourne: The real estate agent who caught the cross

Under a mild 17°C summer sky at Princes Pier, Melbourne’s Greek Orthodox community celebrated Theofania (Epiphany) on Sunday, January 11.

You May Also Like

Historic Toorak estate breaks Australian property records with $150 million sale

Ross Savas is understood to have played a key role in brokering Australia's most expensive home sale of a grand Toorak mansion.

Marina Satti to represent Greece at Eurovision 2024

Marina Satti has been selected to represent Greece at the Eurovision Song Contest next year in Malmö, Sweden.

Team Greece advance to quarter final in Melbourne’s All Nations Cup

Team Greece demonstrated its strength in Melbourne's All Nations Cup by defeating Eritrea despite being down 2 to 1 at half time.