Schwarz
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German Group Schwarz Rakes In almost RONEUR10B Turnover in Romania in 2025
German group Schwarz neared the threshold of EUR10 billion (RON50 billion) turnover in Romania in 2025, thus controlling around one quarter of local food retail, in line with ZF calculations.
UPDATE: Schwarz Group buys 70% in La Cocos, founder Iulian Nica retains 30%
Germany’s Schwarz Group, the owner of Lidl and Kaufland, is buying 70% in Romanian retailer La Cocos. The founder of the business, entrepreneur Iulian Nica, will keep the remaining 30%.
Germany’s Schwarz Group Nears Takeover of La Cocos
German group Schwarz, which owns Kaufland and Lidl, is closing in on taking over La Cocos, the store chain founded by Iulian Nica, in line with ZF sources familiar with the deal.
Romania Contributes 4% of Global Revenue of Kaufland and Lidl Owner Schwarz
German-held Schwarz group, which owns the low-price hypermarket chain Kaufland and discount store chain Lidl, posted EUR104.3 billion revenue last year, up 7.4%. This was the first time ever...
Two Of Richest Families In Germany Control 2.5% Of Local Business Sector
Two of the richest families in Germany - Schwarz and Schaeffler, are the biggest private sector employers in Romania, with more than 43,000 jobs created in the companies they own – Kaufland...
Schwarz Group Accounts For 20% Of Grocery Retail In Romania
Germany’s Schwarz group, which owns Kaufland hypermarket chain and Lidl discount store chain, now accounts for almost 20% of the grocery retail in Romania, put at 77.6 billion lei (EUR17 bil...
Lidl And Kaufland Owner Seeks EUR180M EBRD Loan For Expansion In Romania, Bulgaria, Moldova
German-held Schwartz group, which owns the Kaufland and Lidl retail chains, has applied for a EUR180 million senior syndicated loan from the European Bank for Reconstruction and Development...
Kaufland’s Target For Romania: EUR2B In Revenue By 2018
Kaufland, the leader of the Romanian retail market, aims to reach EUR2 billion in revenue in Romania by the end of financial year 2017-2018.