Amazon is opening two new hubs in Italy this 12 months

© Reuters.

MILAN (Reuters) – Amazon (NASDAQ 🙂 will open two new fulfillment centers in Italy this year and invest over 230 million euros (278 million US dollars), the world's largest online retailer announced on Monday.

With the two new hubs – a distribution center in the northwestern city of Novara and a fulfillment center near the city of Modena – Amazon will create 1,100 new jobs over the next three years.

"Amazon continues to expand its logistics network to meet growing customer demand, expand product choices and support the small and medium-sized businesses that have decided to sell their products through Amazon Logistics," the group said in a statement .

Amazon has already invested € 5.8 billion in Italy since it started operations 10 years ago. It employs 8,500 people in the country.

($ 1 = 0.8282 euros)

Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges, but by market makers. As a result, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading loss you may incur as a result of using this information.

Fusion Media or anyone involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please be fully informed about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.

Comments are closed.