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

Museum of the Riverina unveils tribute exhibition honouring the late Lex Marinos

The Museum of the Riverina has unveiled a new exhibition, 'The Lex Factor: From Wagga to the World Stage.'

Sydney’s Greek community enjoys spirited Christmas Carols event

The courtyard of the Cathedral of the Annunciation of Our Lady in Sydney, filled with the spirit of Christmas.

Baritone Leon Vitogiannis brings Greek flair to Carols in the Domain 2024

Sydney’s Carols in the Domain was a celebration of Christmas spirit, and one artist who truly made his mark was baritone Leon Vitogiannis.

St Euphemia College ranks 12th in NSW for HSC English Advanced and Extension

St Euphemia College in Bankstown has ranked 12th in NSW for its results in the HSC English Advanced and Extension courses.

Archbishop Makarios of Australia: ‘The birth of Christ is a call to holiness’

Archbishop Makarios of Australia has issued a special Christmas message to Greek Orthodox faithful ahead of Christmas Day on December 25.

You May Also Like

Operation Ironside: Greek Australians among those charged in NSW police bust

Two Greek Australians, Emmanuel Vamvoukakis and Luke Andreou, are among those charged in the NSW police bust.

Giannis Antetokounmpo makes NBA history after epic win against the Brooklyn Nets

Giannis Antetokounmpo has become the first player in NBA history to record at least 40/10/5 in a Game 7 win on Saturday.

Boot baron Mark Cloros drops price expectations on resort-style home in Sydney

A descendant of the Redback Boot company, Mark Cloros has dropped the price on his million-dollar Palm Beach home.