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

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

St Benedict School in Mt Torrens rejects screens, embraces ancient Greek philosophy

Established in early 2024 by members of the Catholic Church of the Holy Name, St Benedict has grown to around 50 students.

Greece’s stolen treasures find a digital voice in UNESCO’s Vanishing Museum

UNESCO’s Virtual Museum of Stolen Cultural Objects, launched at MONDIACULT 2025 in Barcelona, offers a new way to confront cultural loss.

Michael Tassis included among SEQ’s leading hospitality bosses

With 11 venues already thriving and a twelfth on the way, Tassis has cemented his place as one of Queensland’s most dynamic restaurateurs.

EU to replace passport stamps with biometric border system

The E.U. is preparing to phase out traditional passport stamps for non-EU travelers, introducing a new digital border control program.

Parthenon free of scaffolding for the first time in 15 years

For the first time in over 15 years, Athenians and visitors can enjoy an unobstructed view of the Parthenon.

You May Also Like

The role of Greek godparents at Orthodox Easter

Are you a first time nouna or nouno, curious about your duties this Orthodox Easter? Don’t worry, The Greek Herald’s got you covered.

Greek farmers discuss sustainable olive oil production

Sustainable olive oil production is a priority for growing numbers of farmers in Greece as they confront the challenges of global warming.

Hellenic Lyceum of Sydney amaze Greek community with preview of costume exhibition

Traditional Greek costumes from regions as widespread as Crete, Macedonia, Epirus and Kastellorizo were visible as far as the eye could see at the...