Lidl's impact on the Portuguese economy

According to The Portugal News, Lidl's exports of national products to the chain's stores in the European Union (EU) had a direct and indirect impact of 289 million euros last year, an increase of 18% compared to the previous year, having created 6,520 jobs (+32 %), points out a study by the consultancy Forvis Mazars for the German chain.
Last year, Lidl exported 156 million euros to stores in 29 European countries — out of a total of 32 where it operates — around 2% of Portuguese food exports to the EU. “For every euro in exports facilitated by Lidl in products destined for export, around 1.85 euros were generated in the Portuguese economy,” highlights the consultancy’s study.

“The data from this study illustrates our increasingly significant impact on the Portuguese economy, both in generating wealth for the country and in generating employment, alongside our commitment to promoting the quality of Portuguese products in international markets, demonstrating an ongoing commitment to sustainable development and the creation of opportunities. In this way, we open the doors of our store network across Europe to suppliers who would otherwise have more difficulty in internationalising”, points out Bruno Pereira, purchasing director at Lidl Portugal, quoted in a press release.