PROJECT

Projects

Summary of Proposed Investment

Project Number

31466

Company Name

LIDL ROMANIA SCS

Date SPI Disclosed

Nov 8, 2011

Country

Romania

Industry

Tourism, Retail and Property

Projected Board Date

Dec 9, 2011

Status

Completed

Sector

Retail (Including Supermarkets, Grocery Stores, etc.)

Department

Regional Industry - MAS ECA

Environmental Category

B - Limited

Previous Events

Approved : Dec 14, 2011
Signed : Dec 15, 2011
Invested : Jan 18, 2012

Project Description

Lidl, a chain of discount grocery stores owned by the Schwarz Group (the “Group” or the “Company”) is implementing a long-term expansion plan in Romania by opening new Lidl discount stores (“Lidl Romania” or the “Project”). The Group, one of the largest European food retail discounters, has requested IFC to provide a long-term loan to its Romanian subsidiaries to partially finance the Project.

Sponsor / Cost / Location

Development Impact