Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Lidl To Invest €350 Million And Create 800 Jobs In Spain

Source: ESM Magazine - Mon 11th Jul 2016
 Lidl To Invest €350 Million And Create 800 Jobs In Spain

German supermarket chain Lidl expects to open 40 new shops in Spain this year. As reported on economia.elpais.com, this is the company's largest investment in the country in its 22 years of presence there.

Lidl is seeking to consolidate its position as the main discounter in Spain and with this in mind, the retailer is planing an investment of €350 million and the creation of about 800 jobs to fill vacancies in the new shops. This investment is 33% higher than in 2015.

During the last five years, Lidl has invested more than €1 billion in Spain and has opened 535 shops, becoming the 5th biggest supermarket in the country, with 4.1% market share, according to figures from Kantar Worldpanel.

Ferrαn Figueras, Financial Director of Lidl Spain, said that the €350 million to invest in 2016 represent "a very important leap for the company, as it is a figure twice as big as the one achieved in average in recent past years."

Recommended Reading:

* LIDL opens 6 stores in Spain this week/a>

* LIDL Spain invests over EU11 Mln in 5 new stores

Comment on this Story

 
Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs

 
When shopping for bodyjewelrytips, never buy anything that has nickel. The best type of material is the steel, titanium, wood, anodized gold or gold. Most nickel products will rust and may infect your ear. If you have pierced the naval or eye, you do not need to worry, as that is the most versatile part of the body. You can wear rings, straight, curved or fancy and captive beads. There are many leading body piercing jewelry that offer some of the biggest collection at very affordable price. In regard to shopping, always go to a wholesale shape as that is the sure place of getting any type of body piercing jewelry. The only thing that you need to be careful about is the material used to make the jewelry. There are instances when body piercing might go wrong and the result is an infection. In order to avoid this, make sure that the person doing the piercing is qualified to do so. After piercing is done Bodys piercing trends, you should keep the area sterilized and clean. Use warm water to wipe dirt. Never use spirits as they will corrode the area resulting to a wound which might cause an infection.