New York City Starbucks Coffee has opened its first store in Hungary, the WestEnd Mall in Budapest.
AmRest Kavezo KFT, a joint-venture company between Starbucks Coffee International, a wholly owned subsidiary of Starbucks Coffee Co., and AmRest Sp. z o.o., a wholly owned subsidiary of AmRest Holdings S.E., will manage the daily operations.
Starbucks and AmRest have worked together since 2008 opening stores together in the Czech Republic and Poland. They now operate 16 stores across the three markets.
“We are excited to open our first store in Hungary and are committed to being part of the community, a good neighbor and a force for bringing our partners (employees), customers and their communities together,” said Buck Hendrix, president of Starbucks Europe, Middle East and Africa. “Our expansion into Hungary with our trusted partner AmRest is another positive step forward in growing our presence in markets that have a longstanding coffeehouse tradition throughout Central and Eastern Europe.”