Construction News

13/11/2008

Coughlan Welcomes €350m Aldi Announcement

Trade Minister Mary Coughlan has welcomed retailer Aldi's €350m retail investment plans for Ireland.

The expansion of operations in the country is set to result in 650 new jobs over the next three years.

Ms Coughlan said: "Irish consumers will very much welcome the announcement that Aldi is to invest €350 million resulting in 650 new jobs at 35 new stores in various locations around the country.

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"The 650 jobs created by this investment will be of significant benefit to a number of local economies who will also receive a further boost by the jobs that will be created in the construction phase of these new outlets.

"The entry of discounters such as Aldi in recent years have brought significant changes to the retail grocery sector by contributing to greater competition resulting in significant benefits to the Irish consumer," added the Minister.

(PR/JM)

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