French investments in Hungary reach €10 bln
French investments in Hungary have reached €10 billion, making it the third-biggest investor in the country, French ambassador Roland Galharague said on Monday, presenting a study. The study shows French-owned companies in Hungary employ about 52,000 people, Galharague said. Five French companies - Groupama, EDF, Sanofi, Auchan and GDF Suez - are among the top 25 investors in Hungary, he added. The study compiles data of 323 of the 336 French-owned companies in Hungary. The companies' combined revenue reached €10.4 billion in 2011.
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