Type
Business expansion
Country
Hungary
Region
Location of affected unit(s)
Budapest, Székesfehérvár
Sector
Hotel / Restaurants
Accommodation And Food Service Activities
Food And Beverage Service Activities
56.30 - Beverage serving activities

50 jobs
Number of planned job creations
Job creation
Announcement Date
11 December 2018
Employment effect (start)
11 December 2018
Foreseen end date
31 December 2018

Description

US-based coffeehouse chain Starbucks will open three additional units in Hungary during the last three weeks of 2018. About 50 new jobs are to be created at the new coffee shops.

At present, 24 Starbucks coffee shops operate in Hungary, employing approximately 400 staff. Out of the three new units, two will be opened in Budapest and one in Székesfehérvár.

The openings are part of an ongoing expansion: the first Starbucks coffee shop in Hungary opened in 2010, and since then, an average 4 new units have been opened in each year. This year, however, seven new units have been opened.

The Hungarian Starbucks units are operated by a Hungarian affiliate of Amrest Holding SE, a Madrid-based venture capital partner of Starbucks Corporation.


Sources

Citation

Eurofound (2018), Amrest, Business expansion in Hungary, factsheet number 96178, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/96178.