Zalando says new Nordic warehouse to be placed in Brunna, near Stockholm

Zalando, Europe's biggest pure online fashion retailer, said on Wednesday it would open its new Nordic distribution hub in Brunna, near Stockholm, with the aim to speed up delivery across the Nordic region.

Co-CEO Rubin Ritter told Reuters that the company will invest 20-30 million euros ($55.87 million) in the new facility together with its partner, developer NREP Logicenters.

Ritter underscored the company's hope to gain 200-300 staff over time in the new factility, which will be operated by a local logistics partner, and is expected to open later this year - being fully ramped up in the course of 2018.

Zalando announced the plan for the new Nordic distribution hub in January, saying then it expected to invest a 2-digit million euro amount.