More
    HomeTOPICSInvestmentLidl, a key driver of Romania’s economy: €2.31 billion impact in 2024

    Lidl, a key driver of Romania’s economy: €2.31 billion impact in 2024

    Published on

    In 2024, Lidl contributed €2.31 billion to Romania’s economy, equivalent to 0.65% of the country’s GDP, according to a KPMG study. The retailer’s activity supported nearly 90,000 jobs nationwide, with each Lidl position generating six more across the economy.

    Last year, Lidl invested €160 million in Romania, representing 2.79% of all foreign direct investment, and paid €765 million in taxes and contributions to the state budget. The company also collaborated with more than 2,200 local suppliers, spending over €2.16 billion, while exports generated through local partners reached €60 million.

    “Each year, Lidl strengthens its commitment to investing in Romania. Since entering the market, we have invested around €2.6 billion, with a major economic impact equivalent to more than 4.5 million net minimum wages. Our contribution goes beyond figures—it’s about building stronger communities,” said Jose Alberto Chueca Val, CEO of Lidl Romania.

    With consolidated sales of €4.9 billion in 2024, up 9% year-on-year, Lidl remains the country’s leading food retailer by revenue.

    spot_img

    Latest articles

    Delgaz Grid: 229 top specialists compete in the zonal stage of the Technical Olympiad 2026

    On June 11, Delgaz Grid brought together 229 of its top field specialists for...

    Sustainability Lens: The sustainability reporting after the Omnibus pachage  – why the companies that will not be obliged to report will still be affected

    Following the release of the Omnibus package on sustainability legislation, the dominant market reaction...

    DS Smith opens an experience room at the recycling depot from Ștefăneștii de Jos, Ilfov

    DS Smith, an International Paper company and a leading provider of sustainable packaging solutions,...

    Green Energy Expo & Romenvirotec open registrations for 2027 exhibitors

    Green Energy Expo & Romenvirotec has officially opened exhibitor registrations for the 2027 edition,...

    More like this

    Delgaz Grid: 229 top specialists compete in the zonal stage of the Technical Olympiad 2026

    On June 11, Delgaz Grid brought together 229 of its top field specialists for...

    Sustainability Lens: The sustainability reporting after the Omnibus pachage  – why the companies that will not be obliged to report will still be affected

    Following the release of the Omnibus package on sustainability legislation, the dominant market reaction...

    DS Smith opens an experience room at the recycling depot from Ștefăneștii de Jos, Ilfov

    DS Smith, an International Paper company and a leading provider of sustainable packaging solutions,...