business news in context, analysis with attitude

Bloomberg reports that Amazon is building three new logistics centers in Poland, employing 6,000 permanent employees, designed "to build capacity for further expansion in Europe ... Poland’s central location in Europe, proximity to Amazon’s European clients and access to a skilled workforce were among the reasons for Amazon’s investment decision, Tim Collins, director of retailer’s European operations, told reporters at news conference in Warsaw. Amazon won’t close any of its existing European logistic infrastructure, he said."

According to the story, "The three sites will be integrated into the network of 25 centers in Europe as part of an expansion strategy to serve customers in every European country, including Russia and Ukraine, Collins said. He declined to disclose the value of Amazon’s planned investment, saying only it would be in the 'hundreds of millions of euros'."
KC's View: