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Lidl Cyprus Presents New Socioeconomic Impact Study

Published January 23, 2026, 09:19
Lidl Cyprus Presents New Socioeconomic Impact Study

Lidl Cyprus has published its sixth annual socioeconomic impact study, demonstrating its significant contribution to the Cypriot economy and society. In 2024, the company contributed €133 million to Cyprus' GDP, supporting 2,000 jobs and paying €22 million in taxes and social insurance contributions. Lidl Cyprus collaborates with over 400 Cypriot suppliers, boosting local production and exports, particularly halloumi, with exports worth €28.8 million to 27 countries. Furthermore, the company invested €589,700 in social and environmental initiatives, highlighting its commitment to sustainability and corporate social responsibility.