Amazon.com Inc. (NASDAQ:AMZN) To invest $278 Million On New Distribution And Fulfilment Centres In Italy

Staff TechStockObserver Posted On January 19, 2021

Amazon.com Inc. (NASDAQ:AMZN) has committed $278 million to the opening of two logistic centers in Italy this year. The company will open a new sortation center and a fulfillment center in the country by fall ahead of the holiday shopping season.

Amazon to open new logistic centers in Italy

The company said that the two new hubs will be in the cities of Modena and Novara where they will have the fulfillment center and distribution center respectively. The eCommerce retail giant indicated that it will create 1,100 new jobs in the next three years. Amazon announced that it wants to increase its logistic network size in Italy to meet growing customer demand. Equally, this will help the company support the increasing number of independent businesses selling at its marketplace using the Amazon Fulfilment center for delivery and warehousing.

Besides, the company said that the new facilitates will be eco-friendly and there are measures in place to boost flora and fauna biodiversity. Amazon has also addressed the issue of worker safety by laying down new measures put in place because of the pandemic. The company acquired over 230 million hand disinfectant units last year in Italy plus 9 million face mask units, 12 million pairs of gloves, and face shields.

Amazon expanding operations in Italy

So far Amazon has invested around €5.8 billion in Italy since it opened operations in the country ten years ago. it has created over 8,500 full-time jobs and in 2020 it created 1,600 new jobs in its 40 locations across the country. Last year the company had opened two new fulfillment centers in Colleferro (Rome) and Castelgugliemo (Rovigo).

Last year, the company expanded the reach of Amazon Web service (AWS) in Italy by launching an AWS region in Milan. As a result, this puts Italy and Milan on the same level as other European tech cities and could be an indicator of the company’s planned future growth. The AWS Region will boost digital transformation, innovation, and entrepreneurship in the region.

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