EMCC European Monitoring Centre on Change

4PX Express

Company/Organisation:
4PX Express

Geographic Location

Country: Czechia
Region: Hlavni mesto Praha; Praha
Location of affected unit(s): Prague

Company

Sector: Transportation / storage
Transportation and storage
52.10 - Warehousing and storage
Number Employed: 0

Employment Effects

Announcement Date: 17-07-2017
Type of Restructuring: Business expansion
Employment Effect Start: 31-12-2017
Foreseen End Date: 31-12-2018
Planned Job Creation: 500

Additional Information

Chinese company 4PX Express is to build a 68,000 m2 warehouse in Prague (VGP Park Jeneč), where it will create up to 500 jobs. The new distribution centre will provide logistics services to the largest Chinese internet retailer Alibaba and is set to become operational by the end of 2017. The logistics centre will be put into full operation next year. In the new distribution centre, Chinese partner Alibaba will store goods mainly intended for the German market.