German Retailer Lidl Picks Site For First Bulgarian Store

Two years after announcing plans to build a store in the town of Pazardjik, in southern Bulgaria, German discount retailer Lidl has notified the town mayor of its interest in a 1.3 ha land plot, Dnevnik daily reported on March 10.

Lidl, part of Schwarz Unternehmensgruppe, wants to build a 1500-sq m supermarket with 85 parking spaces, its first in the country. The company has offered to gentrify at its own expense the immediate vicinity of the proposed supermarket.

The investment in the Lidl's project is evaluated at one million euro.

The company operates over 7000 stores for food and non-food products in the discount segment in 22 countries in Western and Central Europe. Schwartz is already presented on the Bulgarian market with its hypermarket chain Kaufland.propertywisebulgaria.com