Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Lidl Italia, the Italian division of German supermarket chain Lidl, announced the opening of 40 new stores in Italy in 2019 and the hiring of 2,000 new staff.
The announcement of an investment plan of over €350 million in the development of the company's sales network in Italy was made by the managing director of Lidl's real estate development and by Lidl Italia's finance managing director during the launch of the new Lidl sales point in Viale Ergisto Bezzi in Milan.
Today, Lidl has 620 stores in Italy, and employs about 15,000 people.
Eurofound (2019), Lidl Italia, Business expansion in Italy, factsheet number 96521, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96521.