ADVERTISEMENT

Starbucks to open three more units this year

Retail

U.S. coffee shop chain Starbucks is opening three more units in Hungary this year, bringing the total number of outlets in its Hungarian network to 27, according to a report by state news wire MTI.

(Photo by Vincenzo De Bernardo / Shutterstock.com)

Starbucks is opening one coffee shop in Székesfehérvár (about 66 km southwest of Budapest), and two on the Pest side of the capital. The chain opened its first shop in Hungary in 2010.

Starbucks is operated by AmRest Holdings SE, the biggest independent operator of restaurant chains in Central and Eastern Europe. AmRest operates 850 fast food restaurants, among them Pizza Hut, KFC, Burger King and Applebeeʼs outlets.

AmRestʼs Hungarian unit had revenues of HUF 19 billion last year, public records show. The business had almost 1,110 people on payroll.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.