November 26, 2020

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HOME REGIONS Europe › ZTE to open logistics centre in Greece

ZTE to open logistics centre in Greece

by Stuart Wilson, Friday 21 March 2014

Networking and device vendor ZTE has signed an agreement to set up a new logistics centre for its products in Greece. China-based ZTE will use Piraeus container terminal (PCT)as a Greek logistics centre and will use the facility as a base for transiting its products into 12 major markets in Europe: Croatia, Czech Republic, Slovakia, Slovenia, Austria, Hungary, Bulgaria, Romania, Italy, Spain, Portugal and Cyprus.

The agreement was signed in the presence of Antonis Samaras, prime minister of Greece. Samaras said: "PCT is a key gateway, it is an international hub, connected with Greece’s rail infrastructure and therefore, with Eastern and Central Europe. It has become a very important global hub of transport networks."

The logistics centre forms part of a long-term investment from ZTE that is expected to create around 600 jobs. Further ZTE developments at the site could include a service centre and even product assembly operations.

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