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

Mediterranean diet health benefits update with new info

By Lisa Radinovsky from Greek Liquid Gold. The health benefits of the Mediterranean diet have earned it widespread fame, from social media and TV to cookbooks and...

Rare 3rd millennium BC burial discovered during excavations in Rafina, Attica

A highly significant Early Bronze Age pithos burial, dating from 3200 to 2000 BC, has been uncovered in Rafina.

Greece rolls out digital passport system to speed up applications and boost security

Greece has introduced a new digital platform that modernises the way passport applications are processed.

From Kythera to Boston: The Greek pianist setting fire to classical music

Kyriakopoulos has already carved out a career that places him amongst the most promising Greek pianists with international acclaim.

John Doulgeridis’ Carlisle Homes among Australia’s quiet profit giants

John Doulgeridis is among a new wave of reclusive entrepreneurs whose success has only recently been quantified.

You May Also Like

Historic tree uprooted in the Peloponnese

The Municipality of Trifylia has removed the historic “Tambakis Mulberry,” a 300-year-old tree linked to Greece’s War of Independence.

Largest collection of Indigenous Australian art to go on display in Cyprus

Australia and Cyprus celebrate 50 years of bilateral diplomatic relations with an exhibition of Indigenous Australian art in Cyprus.

Ethnic Communities’ Council of NSW pays tribute to the late Jack Passaris OAM

The Ethnic Communities' Council of New South Wales has issued a statement today following the death of Jack Passaris OAM at the age of 88.