Subscribe to our newsletter

Lidl Expands Macedonian Operations with €9.5 Million Acquisition

Lidl has purchased the Bricolage facility in Skopje from Skopski Pazar for €9.5 million, marking a significant expansion of its operations in Macedonia

German retail giant Lidl has advanced its expansion into North Macedonia with the purchase of the Bricolage facility from Skopski Pazar for €9.5 million. The site, previously home to the Bricolage sales hall, is located in the Gazi Baba municipality of Skopje.

The transaction was ratified by the Supervisory Board of Skopski Pazar on April 18, as detailed in a recent disclosure to the Stock Exchange. This strategic acquisition complements Lidl’s ongoing development of a logistics and distribution center in the Recica industrial zone near Kumanovo, which began construction in January. The new facility is expected to generate 150 new jobs and marks a significant step in Lidl’s plans to open stores across Macedonia by 2025.

Lidl, a major player in the global retail market, operates 12,000 stores across 30 countries, employing a total of 360,000 people. This move into Macedonia underscores the retailer’s commitment to expanding its reach and influence in the Balkans, tapping into new markets and strengthening its European presence.

Must Read

Serbia Commits to Nuclear Energy with New Memorandum

This agreement is aimed at advancing the development and application of nuclear energy within the country. The Memorandum was signed by the Ministry of Environmental...