EMCC European Monitoring Centre on Change

Lidl

Company/Organisation:
Lidl

Geographic Location

Country: Czechia

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.11 - Retail sale in non-specialised stores with food, beverages or tobacco predominating
Number Employed: 6654
Group: Lidl

Employment Effects

Announcement Date: 04-12-2015
Type of Restructuring: Business expansion
Employment Effect Start: 07-12-2015
Foreseen End Date: 07-12-2018
Planned Job Creation: 1500

Additional Information

Germany-based discount retailer Lidl has announced plans to expand its business in the Czech Republic and create up 1,500 new jobs in the next three years. The firm envisages modernization, construction and development of new warehouse space with an investment of CZK 9 billion (EUR 333 million). The first store in Lidl's new roll-out of services in the Czech Republic  was opened in early December in the city of Beroun.

Lidl entered the Czech market in 2003 and currently employs 6,654 people in 230 stores.