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

Bondi Beach shooting leaves multiple dead, major police operation underway

At least three people have been killed after a shooting at Bondi Beach in Sydney’s eastern suburbs on Sunday evening.

Greek Australian developers cement their influence in Adelaide’s property boom

Adelaide is in the midst of an unprecedented development surge, fuelled by billions of dollars in public and private investment.

Mediterranean diet conference considers future of humanity

A Mediterranean diet conference drew globally acclaimed researchers to Kalamata, Greece October 13-14.

Chanel Contos calls for opt-in algorithms to protect young people online

Contos says this shift would “keep the momentum going” following the world-first policy that comes into force on December 10.

Greece identifies its first wolf-dog hybrid

Greece has confirmed its first-ever wolf–dog hybrid, marking a surprising development as wolves continue to expand across Europe.

You May Also Like

Greek farmers confirm livestock plague won’t impact feta production

Greek farmers have reassured feta cheese production will continue as normal after concerns following the spread of a virus among livestock.

Pilot confesses to domestic homicide in Athens

A 32-year-old pilot has reportedly confessed to murdering his British Greek wife and staging the crime scene at their home in Glyka Nera.

Antipodes festival in Melbourne pushed back until October

The Antipodes festival in Melbourne has been postponed for a second time due to COVID-19 pandemic concerns.