The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Accommodation / Food 56 - Food and beverage service activities 56.3 - Beverage serving activities 56.30 - Beverage serving activities
50 jobs Number of planned job creations
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://apps.eurofound.europa.eu/restructuring-events/detail/96178.
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