GLS to invest EUR 12.3m in eco-depot (GER)
GLS Germany announced that it will invest EUR 12 .3 million in building its first ecological depot in Vaihingen-Enz, southeast Germany.
The construction of the eco-depot started this month at the 5,000 sqm facility located in Vaihingen-Enz for which GLS signed the purchase contract in July. The company plans to go into operation by April 2009 with a warehouse capacity handling about 55,000 parcels per day. About 342 people will be employed at the new depot.
A large part of the investment will pay off in the long term not only ecologically, but also economically, the company said in a statement. The amount of EUR 1 million is invested in “Think Green” measurements including a heat pump heating system and a photovoltaic installation.
GLS planned to invest an amount of EUR 94 million in infrastructure and services with priority in Germany, Poland, Netherlands and France for 2008/2009.
