Lidl to build giant warehouse

GERMAN retail chain Lidl will build one of its biggest distribution warehouses in Europe this year near Sereď.

The Lidl retail chain builds a  giant distribution centre in SlovakiaThe Lidl retail chain builds a giant distribution centre in Slovakia (Source: SITA)

It will be 128,000 square metres, of which the built up area will be 52,000 square metres.

“It will belong to the biggest logistics centres Lidl will build within Europe,” said Tomáš Bezák, spokesperson of the retail chain as cited by the Sme daily.

Thus the warehouse will be a bit bigger than the centre of the British Tesco in Beckov which is 48,000 square metres large.

Lidl will build its warehouses in the industrial park Juh of Sereď which has a direct connection to the R1 dual carriageway. It wants to invest €50 million and employ here roughly 200 people. Its opening is planned for 2016.

Construction of the warehouse is part of the €200 million investments plans of Lidl up to 2018.

Lidl, which is one of the biggest retail chains in Slovakia, has 123 retail stores across Slovakia, two logistic centres (in Nemšová and Záborské) and the national headquarters in Bratislava.

Last year Lidl had sales of €795 million and profit of €66.5 million. The profit margin of Lidl is highly above the average. Based on the analytical Finstat.sk website it is able to profit €8.4 from each €100 from a customer, the Sme daily wrote. The retail trade average is €0.85 profit from each €100 from a customer.

Get daily Slovak news directly to your inbox

Theme: Transport

Read more articles by the topic

Top stories

A curfew for those who refuse testing? Lawyers and president have doubts

The government risks the Constitutional Court canceling the nationwide testing.

Illustrative stock photo

Most Slovaks plan to participate in the nationwide testing

But people are also afraid of becoming infected and organisational chaos.

First steps towards renewing public trust in the judiciary

In an in-depth interview, Minister of Justice Mária Kolíková outlines her ambitious plan to renew public trust in the judiciary.

Mária Kolíková