Last fall, H&M opened two other outlets in the Iulius Mall network, in Timisoara and Cluj-Napoca, Iulius Group said in a press release.
The partnership between H&M and Iulius Group also includes the opening of a store in Palas Mall Iasi on May 31, 2012, reads the press release.
Next week, the Swedish retailer will open a store in the Electroputere Parc Craiova commercial center, bringing its Romanian network to 13 units. The retailer entered the Romanian market last year with a store in AFI Cotroceni.
H&M (Hennes&Mauritz) was founded in Sweden in 1947 and it is listed on NASDAQ OMX Stockholm. The group has over 2,300 stores in 40 markets, including franchised units.