The Swedish-held group has several brands such as H&M, COS and & Other Stories, the former two of which are present in Romania, as well.
The Swedish group has been working with Romanian plants for more than two decades, ZF has found, and some of them are long-time partners while others are a newer addition to the list of suppliers.
H&M’s suppliers are rated into different categories and the most important are platinum and gold suppliers, which are the group’s strategic partners. Pandora Prod, Time International Trading and Artifex are rated gold in Romania. Each of them works for H&M using their own plants and their subcontractors’ facilities. Artifex, for instance, has its own plant in Vrancea County and also works with nine subcontractors to meet H&M’s demands.
The other suppliers are rated silver or others. Silver partners are long-term partners, while others are the new additions to the list of suppliers.
H&M is one of the few retailers that publish a detailed list of suppliers by country. The data show the plants that work for the Swedish giant fall into two categories. Those that work directly with H&M are usually companies with tens of millions or more than one hundred million lei in revenue and about 1,000 employees. Subcontractors are small plants, with several million lei in revenue and tens or hundreds of employees.
(English version by Loredana Fratila-Cristescu)