The French Connection In Hungary

  • 23 Jan 2013 8:00 AM
The French Connection In Hungary
French companies in Hungary have tripled in number since 2001 and provide jobs for over 52,000 people. The first large French investors were EDF, GDF Suez, and Sanofi. Later the names Groupama, Auchan, Lafarge, and Bonduelle also appeared, and numerous smaller firms in the environmental protection, energy, construction, industrial, consumer products, commerce, auto, logistics, services, telecom, and tourism sectors; altogether 400 companies.

France, with its EUR-10-billion investment, comprising almost 10% of the local GDP, is ranked number three among Hungary's economic partners. Bienvenue en Hongrie!

By Andras Patkai, Entrepreneur, Founder and CEO of CE Invest Group, and expert blogger on real estate and property issues in Budapest and Bratislava.

This opinion does not necessarily represent the views of this portal, your opinion is welcome too via info@xpatloop.com

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