Athens
13
11
2023
ECONOMY

Lidl Hellas plans over 120 million euro investments

Lidl Hellas has invested more than 1.4 billion euros in Greece since 1999 and the company's investment plan will continue in the coming years.
Lidl Hellas plans over 120 mln euro investments
Lidl Hellas has invested more than 1.4 billion euros in Greece since 1999 and the company's investment plan will continue in the coming years.

Lidl Hellas CEO Martin Brandenburger said late on Thursday that the investment programme for the next three years (2024-2026) includes new stores and total investments of over 120 million euros for the store network and warehouses.

Presenting the footprint of Lidl Hellas in the Greek market, he said that "in 2022 the total added value we offered to the Greek economy was 953 million euros, which corresponds to 0.46% of GDP. For every 1 euro of our direct contribution to GDP, an additional 3.89 euros of added value is created in the Greek economy.

At the same time, we offer more and more jobs throughout Greece. Today we offer more than 33,000 total jobs in the country. Last year alone we created around 200 new positions."

tags: Greece Economy