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

Delacroix masterpiece to visit Greece for historic anniversary

Eugène Delacroix’s celebrated 1826 oil painting “Greece on the Ruins of Missolonghi” will travel to Greece this April.

Femicide in Greece: Statistics, stories and the struggle for change

This crime, enacted more often by a partner, ex-partner, or family member, is usually preceded by domestic violence.

Sifnos named top 2026 Greek island escape for Australian travelers

Sifnos, a tranquil jewel of the Cyclades, has been crowned the leading 2026 destination for Australian travelers.

Australia–Cyprus Achievement Awards honour service, scholarship and the next generation

The Australia–Cyprus Achievement Awards were held at the Chau Chak Wing Museum at the University of Sydney on Thursday, February 26.

Odeon of Herodes Atticus to close for three years for major upgrade

The Herodion will shut its doors at the end of July for a three-year restoration program aimed at preserving and modernizing the historic monument,...

You May Also Like

Two jurors dropped in George Alex’s $13 million tax fraud trial

Two jurors have been dropped from a multimillion-dollar tax fraud trial involving Sydney construction boss George Alex.

Secretary General for Greeks Abroad congratulates Bill Papastergiadis for law firm distinction

The Secretary General for Greeks Abroad, John Chrysoulakis, congratulates Bill Papastergiadis for law firm distinction.

RAAF flight lands in Cyprus as part of Australian evacuation plan for Lebanon

A RAFF flight has landed on Cyprus as part of the Australian government's contingency plan to evacuate citizens from Lebanon.