Hungarian bakery looking to establish franchise

Food

Hungarian bakery Pécsváradi Aranycipó is planning to launch a franchise network, the company’s franchise manager László Büki told Hungarian news agency MTI yesterday.

Pécsváradi Aranycipó currently operates twenty bakeries and is planning to establish a countrywide network of franchise stores in the next five years, the manager said. 

The company, which employs approximately 400 people, had a revenue of HUF 3.6 billion last year, and expects a HUF 100 million revenue increase this year, the manager added.

Czech Economic Sentiment Hits 1-year High Analysis

Czech Economic Sentiment Hits 1-year High

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Hungarian Gen Z Auto-buyers Prioritize Affordability Automotive

Hungarian Gen Z Auto-buyers Prioritize Affordability

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.