Recognising the importance of its wider impact on local economy and emloyment, this year the company wanted to measure its direct and indirect contribution, for the period March 2023 - February 2024, with the preparation of its fifth Socioeconomic Impact Report.

Once again, the purpose of the study is to identify and evaluate the impact of the company’s operation in Cyprus, its economy and society as a whole. As a reference point to its accountability and strategy, Lidl Cyprus sets Sustainable Development Goals of the United Nations. The findings, in terms of value added, employment support and payment of taxes and contributions to the Cypriot state are presented in detail, in forms of indicators.

Based on transparency and objectivity, the company addresses all its stakeholders, as well as interested social and economic actors, in order to form a comprehensive perception of the economic and social value created by Lidl Cyprus in our country.