Lidl invests EUR 100 million in Romania, prepares to launch its second largest digital hub

Sorin Melenciuc 09/03/2018 | 10:59

German discount food retailer Lidl has increased the paid-up share capital of its Romanian subsidiary with EUR 100 million, preparing to launch the first local digital hub and the second largest in Europe, according to Profit.ro.

After the capital inflow,  the total share capital of Lidl Romania rose to almost RON 1 billion (EUR 215 million).

The capital increase has been completed and registered just before the opening of the Romanian digital hub of Lidl, the second largest in Europe after the German digital hub.

Lidl Digital is the e-commerce branch of Lidl and will employ around 100 people in Romania. Lidl has entered the Romanian market in 2010.

 

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