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

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Greek Community Women’s Cup delivers thrilling action in opening rounds

The Greek Community Women’s Cup kicked off with a series of matches, showcasing rivalries, tactical battles, and standout performances.

Marcus Stoinis announces shock retirement from one-day international cricket

Australian all-rounder Marcus Stoinis has announced his retirement from One Day International cricket just weeks before the Champions Trophy.

How journalist Linda Silmalis broke the Jo Haylen chauffeur scandal

Linda Silmalis has given a rare glimpse into her breaking the scandal that led to former NSW Transport Minister Jo Haylen’s resignation.

Trump vows to defend Christian rights and calls to ‘bring God back’

US President Donald Trump has announced the formation of a task force to investigate and combat “anti-Christian bias” across the country.

State of emergency declared on Santorini as earthquakes continue to rock the island

Greek authorities have declared a state of emergency on the island of Santorini following a surge in seismic activity.

You May Also Like

‘We must act now’: Greek alpinist and climate ambassador Vanessa Archontidou

Greek alpinist and climate ambassador, Vanessa Archontidou, delivers a message for climate change in Australia.

Marrickville precinct set to be officially named ‘Little Greece’ at upcoming event

Inner West Council are inviting people to attend celebrations on June 18 to mark the official launch of 'Little Greece,' Marrickville.

Afghan father faces criminal charges after son drowns trying to reach Samos

The 25-year-old Afghan father could face a six-year prison sentence if found guilty of putting his son's life at risk.