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Amazon’s €10 billion investment in Germany to boost innovation and create jobs nationwide

Amazon’s €10 billion investment in Germany to boost innovation and create jobs nationwide



Amazon has announced plans to invest €10 billion in Germany to expand its logistics network and cloud infrastructure, creating 4,000 new jobs in the process. Three new logistics centers will be established in Horn-Bad Meinberg, Erfurt, and Großenkneten. These investments are part of a larger commitment of €17.8 billion in Germany, including the recent announcement of a €7.8 billion investment in AWS European sovereign cloud.

Rocco Bräuniger, Country Director of Amazon Germany, highlighted the company’s long-standing presence in Germany and its focus on innovation to benefit customers and communities. Amazon’s investments in research and development, as well as cloud infrastructure, have contributed significantly to the German economy, with over €77 billion invested since 2010.

AWS, Amazon’s cloud computing arm, plans to invest €8.8 billion in cloud infrastructure in Germany by 2026, supporting the growing demand for AWS technologies, including AI. This investment is expected to generate €15.4 billion in GDP and create 15,200 full-time jobs annually in the local supply chain, according to an AWS Economic Impact Study.

Stefan Hoechbauer, General Manager Germany and Europe at AWS, emphasized Germany’s role in driving innovation in Europe and AWS’s commitment to supporting the country’s digital infrastructure and talent development programs. The company aims to help German customers lead in technological advancements and create new services using AWS cloud capabilities.

Overall, Amazon’s investments in Germany reflect a long-term commitment to driving innovation, creating jobs, and supporting the country’s digital economy. The expansion of logistics centers and cloud infrastructure will not only benefit Amazon but also contribute to Germany’s economic growth and technological development.

Article Source
https://www.aboutamazon.eu/news/job-creation-and-investment/amazon-plans-to-invest-10-billion-in-germany-driving-innovation-and-jobs-across-the-country

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