In an interview with BnB Daily, Olivier Micheli, the CEO of the multinational, discussed Data4's significant investment in Greece, which amounts to €300 million for the construction of a data center.

As Mr. Micheli said, "the Greek market is very promising. The country has made a big shift in the digitization of its services by the initiatives of the government and public administration. This means that a lot of data needs to be hosted, which makes the environment attractive for investment in data centres for companies like Data4."

THE POINT 

He goes on to say that "Greece's geographical location makes it an ideal destination for investment, as it is at the crossroads between Europe, the Middle East, Africa and Southeast Asia. We could not miss this opportunity."

ON TECHNOLOGY 

Commenting on the technological prospects of the Greek economy, the CEO of the multinational company stressed that "the Greek market is growing so fast and the data center market is expected to double by 2030. The development of AI will boost this trend as it will require the construction of large data centers. In Europe, half of the data centers in Europe will serve the needs of AI by 2030 and Greece will be no exception."

NEW INVESTMENTS

When asked about the possibility of new investments in Greece, Data4's CEO stressed that "when we invest in a country, we do it with long-term planning, aiming to integrate into the local ecosystem. This is part of our DNA. All our future investments are about growing the markets we are already in, including Greece. Our goal is to invest more for new assets on our campus and elsewhere. Data4 has the potential to develop more data centers in Greece, which implies new additional investments of more than €200 million." 

THE PLANNING

Regarding the business plan in the Greek market, Data4's CEO stresses that "we have the potential to double the assets. Today we are talking about planning two data centers, with one already under construction. A total investment of €300 million." Data4 has a pan-European presence and operates in several countries, such as France, Italy, Spain, Poland, and Germany, and is now entering the Greek market, which is a promising connectivity hub in the Mediterranean. T

The NEW CAMPUS

The new campus will be located in an industrial zone, ensuring proximity to important energy resources. ATH1 will be built on a 7.5-hectare plot in Peania and will be powered by up to 90 MW. A data center campus acts as a catalyst for job creation, increasing local employment and boosting the economy. Data4's ATH1 will include a wide range of skills: managers, engineers, technicians, workers, etc. The group estimates that by 2030 it will have created more than 7,000 permanent jobs on its campuses in Europe and more than 500 permanent jobs on its Greek campus