Photo: Shutterstock.com
In Slovakia, Tesco is now in the rear mirror for German supermarket chain Lidl, whose profits for 2020 (over EUR 126 million) have exceeded that of the British retailer, which has been the market leader in the country for some time.
Lidl overtaking Tesco in Slovakia can be attributed to the former’s revenues of EUR 1.5 billion for 2020, and the latter’s growth in the country having stalled. Observers attribute Lidl’s success to its efficient management and the increasing number of outlets in Slovakia which now number 151.
Source: Euractiv
No candidate received a majority of votes in the first round of the Presidential elections…
Hungary will focus on key issues for central Europe during its upcoming EU presidency, Hungarian…
US nuclear firm Westinghouse Electric Company has signed memorandums of understanding (MOUs) with 17 Bulgarian…
By 2030 Artificial Intelligence could be contributing as much as 11.5%, or USD 700bn (EUR…
Lithuania had the lowest annual inflation rate of 0.4% in the EU in March 2024,…
Lithuania will hold a constitutional referendum on whether its citizens can hold dual and multiple…