Home Vesti IFC mulls 170 mln euro loan to back Lidl units in Bulgaria, Croatia, entry in Serbia

IFC mulls 170 mln euro loan to back Lidl units in Bulgaria, Croatia, entry in Serbia

by bifadmin

SOFIA (Bulgaria), January 18 (SeeNews) – The International Finance Corporation (IFC), part of the World Bank Group, said it is considering lending a total of 170 million euro ($227 million) to discount grocer Lidl, part of Germany's Schwarz Group, to support its expansion in Bulgaria and Croatia and to back its planned entry of the Serbian market in 2014.

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