Prime Minister Ilie Bolojan and Schwarz Group CEO Gerd Chrzanowski discussed investment opportunities in the Romanian food production sector on Tuesday, March 10, at the Victoria Palace. Another topic was the promotion of Romanian producers on European markets.
“Prime Minister Bolojan emphasized that the economic stimulus package promoted by the Government offers mechanisms to support investments, such as credits that benefit from government guarantees, state aid schemes and other facilities established in accordance with European norms.
Leverages are also available to encourage projects to increase production capacities in the food sector,” according to a communique sent by the Government of Romania.
Another topic addressed at Prime Minister Bolojan’s proposal was related to the promotion of Romanian producers on European markets.
“The government is fully open to supporting competitive Romanian producers to increase their production capacity and reach the standards required by foreign markets, but collaboration with major international companies will strongly change their approach”said the head of the Executive.
According to the press release, during the discussions at the Victoria Palace, the opportunities for collaboration and investments in the digital field were also analyzed. Prime Minister Ilie Bolojan emphasized that digitization, integration of digital systems and cyber security are priorities for the Government, given their impact on the economy.
At the same time, he thanked Schwarz Group representatives for the investments made in Romania and showed that the national economy offers opportunities for expanding the company’s projects.
The meeting was attended by the Prime Minister, the Deputy Prime Minister Marian Neacșu, the head of the Chancellery of the Prime Minister Mihai Jurca and the State Councilor Raul Gutin.
The Schwarz Group is a leading international business group with approximately 14,200 subsidiaries and approximately 595,000 employees. The German group owns Lidl and Kaufland.
In the financial year 2024, the companies within the Schwarz Group achieved a total turnover of 175.4 billion euros.
Through its unique ecosystem, the group covers the entire value chain: from production and trade to recycling and digitization. Recently, Schwarz Group announced that it has successfully taken over the Romanian retailer La Cocoș.
