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

European leaders coordinate military support for Cyprus after drone strike

Greece, Italy and France have agreed to coordinate the deployment of military assets to Cyprus after a drone strike.

A century of voice, advocacy and belonging: The Greek Herald marks 100 years

Founded in 1926, The Greek Herald marks a century of journalism, chronicling the history, identity and civic life of Greek Australians.

Tom Koutsantonis MP defends comments on Fr Patsouris after Adelaide Diocese response

South Australian MP Tom Koutsantonis has responded after the Holy Diocese of Adelaide criticised his public remarks on Fr Patsouris.

Mytilenian Brotherhood of Sydney to elect new Board at 2026 AGM

Members of the Mytilenian Brotherhood of Sydney and NSW will gather later this month for the organisation’s 2026 Annual General Meeting (AGM).

Angelo Tsarouchas brings ‘Diaspora’ tour to Australia for three-city run

The Funny Greek, Angelo Tsarouchas, is headed back to Australia with his hilarious new show Diaspora on a short but sweet three-city tour. 

You May Also Like

Greek community in Australia raises more than $40,000 for Thessaly flood victims

Four Pan-Thessalian associations from NSW came together on Friday, February 3, to raise funds for the flood victims of Thessaly, Greece.

Archbishop Makarios of Australia meets with Ecumenical Patriarch in Constantinople

Archbishop Makarios of Australia has met with the Ecumenical Patriarch Bartholomew in Constantinople, Turkey.

Greek Film Festival documentary shines light on five Greek Jewish children during Holocaust

Kisses to the Children will screen at the Greek Film Festival and focuses on the lives of five Greek-Jewish children during German occupation