• Home
• Channel: Shopping
• Lidl Plans Expansion in Hungary

Lidl Plans Expansion in Hungary

• 18 Nov 2024 7:20 AM

German-owned supermarket chain Lidl Magyarorszag plans to raise its number of stores from 210 to 250 in the coming years, chairman Zita Szlavikovics said on Friday, marking 20 years in Hungary.

With a nationwide reach, Lidl had 20.8pc market share in September, according to data from GfK, Szlavikovics said. The chain employs 9,500 people and exported EUR 338m of local products to its other Lidl stores last year, she added.

Lidl Magyarorszag has 487 domestic suppliers accounting for 61pc of inventory, managing director for purchasing Zoltan Nepp said.

Lidl Magyarorszag had net sales revenue of HUF 1,159bn in its business year ended February 29, public records show.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Lidl Shopping

Explore More Reports

Tribal Market Budapest: Indie Shopping & Jungle Vibes, 19 September

• 2 Sep 2026 11:25 AM

Budapest’s creative and alternative scene comes together when Tribal Market returns with its Jungle edition this month. The free, dog-friendly outdoor event combines independent designers and makers, handmade products, DJ music and an evening party atmosphere beside the Danube.



Find Socialist-Era Treasures at Memento Park’s First Retro Market

• 19 Aug 2026 8:10 AM

Here's a great chance for expats to own pieces of Hungary’s past at the first-ever Retro Day at Memento Park on August 30. 



Ultra-Cheap Store in Budapest Closed by Russian Retailer Mere

• 17 Aug 2026 10:34 AM

With its warehouse-style layout, goods stacked on pallets and exceptionally low prices, Budapest's Basket Plus offered a very different shopping experience from Hungary's established discount chains. Now, just eight months after opening, the store has closed.



Retail Sales in Hungary Rise Again

• 7 Aug 2026 8:12 AM

Shopping in Hungary remained on an upward trend in June, with retail sales rising 4.0% year-on-year, according to new figures released by the Central Statistics Office (KSH).