7 December 2012 11:49

Winmarkt (the IGD Group) signs an agreement for two more points of sale with H&M in Romania

IGD SIIQ, leading owner and manager of retail shopping centers in Italy and listed on the STAR segment of the Italian Stock Exchange, announces that WINMARKT – the Group’s Romanian subsidiary – will open, over the next two years, two new H&M stores in Galati and Tulcea. These agreements represent the continuation of the partnership with Hennes & Mauritz, begun in July 2012 and will result in the opening in Spring 2013 of an H&M store in the freehold shopping center found in the main square of the city of Buzau.

The Galati store, located in the central part of the city, will be spread out over two floors and will cover a total area of  about 1,600 m2.  The store will be open to the public in Spring 2014.

The Tulcea store, located in the main square, will be on two levels and will cover a total area of  about 1,500 m2 .  The store will be open to the public in Spring 2015.

Claudio Albertini, Chief Executive Officer of IGD – Immobiliare Grande Distribuzione SIIQ S.p.A. commented: “The agreement represents the continuation of Winmarkt’s commercial strategy which is focused primarily on enhancing our offer through the introduction of successful international brands”.