Close Menu
  • Home
  • About
  • News
  • Awards
  • Media & Press
  • Video Podcasts
  • Magazines
  • Events
  • Contact
Facebook X (Twitter) Instagram
Gazet International – Global Magazine
AWARD NOMINATION
  • Home
  • About
  • News
  • Awards
  • Media & Press
  • Video Podcasts
  • Magazines
  • Events
  • Contact
You are at:Home » Amazon spends $11 billion in Germany to increase cloud and logistics
Business

Amazon spends $11 billion in Germany to increase cloud and logistics

Gazet InternationalBy Gazet InternationalJune 19, 2024Updated:January 24, 20251 Min Read
Facebook Twitter LinkedIn
Share
Facebook Twitter LinkedIn

As demand rises in Germany, Europe’s largest economy, Amazon announced a 10 billion euro ($10.75 billion) investment on Wednesday.

Amazon

This investment underscores Amazon’s commitment to expanding its presence and capabilities in the region.

Amazon, a leading US technology and retail business, aims to leverage this significant investment to enhance its infrastructure and better serve its growing customer base in Germany.

Olaf Scholz, the chancellor of Germany, applauded the investment, saying it highlights the nation’s appeal to foreign investors and would generate over 4,000 new employment this year.

Berlin is experiencing a downturn in the economy brought on by high energy and interest rates, as well as underinvestment brought on partly by bureaucracy.

The announcement brings the total amount of Amazon’s planned investments in Germany to 17.8 billion euros.

Click here for more Business news.

Source
#Accenture #AI #AMAZON #AWS #EUROPE #France #GAZETINTERNATIONAL #Germany #GI #GIAWARDS #INVESTMENTS #jobs
Share. Facebook Twitter LinkedIn
Previous ArticleChina authorizes the US IPO of autonomous driving firm Momenta.
Next Article RAKEZ Continues to Fuel its SME Community with Insightful Sessions on Success Strategies

Related Posts

EU pledges to protect its interests following Trump’s threat of 50% tariffs.

May 26, 2025

Universal’s New Epic Universe Theme Park Set to Rival Disney in Florida

May 23, 2025

Jamie Dimon Cautions on Stagflation Threat Amid Ongoing U.S. Economic Uncertainty

May 23, 2025
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • LinkedIn
Don't Miss

EU pledges to protect its interests following Trump’s threat of 50% tariffs.

Dr. Ashok Kumar Mittal Joins Indian Parliamentary Delegation to Russia​

Dr. Ashok Kumar Mittal Joins Indian Parliamentary Delegation to Russia​

MAHE and BPL Medical Technologies Forge Strategic Partnership to Advance Medical Device Innovation​

Recent Posts
  • EU pledges to protect its interests following Trump’s threat of 50% tariffs.
  • Dr. Ashok Kumar Mittal Joins Indian Parliamentary Delegation to Russia​
  • Dr. Ashok Kumar Mittal Joins Indian Parliamentary Delegation to Russia​
  • MAHE and BPL Medical Technologies Forge Strategic Partnership to Advance Medical Device Innovation​
  • Research Investigates Walnuts’ Role in Reducing Inflammation and Colon Cancer Risk​
Recent Comments
    Archives
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • October 2023
    • September 2023
    • January 2021
    Categories
    • Banking
    • Blog
    • Business
    • Corporate
    • Editor's Column
    • Events
    • Executive Spotlight
    • Finance and Investing
    • Lifestyle
    • magazine
    • podcast
    • Press Release
    • Technology
    • World
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    About

    GAZET INTERNATIONAL


    Gazet International Magazine is a global entity that works towards providing latest information and news updates of the world. It entraps latest stories in banking, finance, lifestyle and various beats of the world. We engage in recognizing and rewarding the global organizations for their achievements in various fields and deliver justice to the nominees with valued identification and recognition of companies that indulge in the Gazet Award Ceremony.

    Facebook X (Twitter) Instagram YouTube LinkedIn
    Categories
    • Banking
    • Blog
    • Business
    • Corporate
    • Editor's Column
    • Events
    • Executive Spotlight
    • Finance and Investing
    • Lifestyle
    • magazine
    • podcast
    • Press Release
    • Technology
    • World
    Latest posts
    Press Release

    Knock on Wood Expands its Reach in Dubai’s Flourishing Residential Real Estate with Exquisite Turnkey Projects

    April 11, 2024
    Business

    Activists urge Apple to oppose Vietnam’s detention of climate experts

    April 11, 2024
    Technology

    Google to invest $1 billion in two subsea cables to improve Japan’s connectivity

    April 11, 2024
    Business

    Lufthansa halts Tehran flights; Middle East on alert for possible Iran attacks

    April 11, 2024
    Previous 1 … 669 670 671 672 673 … 748 Next
    Official Partner

    7ITS NEWS

    Copyright © 2025. Gazet International

    Type above and press Enter to search. Press Esc to cancel.