HomeEconomyInter IKEA to invest 70 million euros in Greece's logistics infrastructure

Inter IKEA to invest 70 million euros in Greece’s logistics infrastructure

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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

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