End-2017, the company had more than 4,800 employees, according to Finance Ministry data.
Company officials said Lidl currently has 227 stores in Romania and the plan is to reach 300 units.
Lidl reported a 17% higher turnover in 2017, of RON6.51 billion. If the company keeps its growth rate, its turnover could exceed RON7.5 billion in 2018, according to ZF estimations.
According to company officials, the turnover growth in 2017 was above the market average and the aim is to keep the upward trend in 2018 as well.
Lidl also plans to open its fifth logistics center, in the proximity of Roman, which will supply 50 Lidl stores in eastern Romania.
Lidl’s overall investments on the Romanian market, in new stores, in warehouses and in the takeover of Plus store chain, are estimated by ZF at over EUR500 million.