Business lunch with Minister of Economic Development Márton Nagy at the opening event of the Hungarian-French Chamber of Commerce and Industry

InnovITech Ltd. participated in the season opening event of the Hungarian-French Chamber of Commerce and Industry. The event was attended by the French Ambassador Claire Legras and the Minister of Economic Development Márton Nagy, as well as leaders of international enterprises operating in Hungary, like Auchan, Cofidis, Electrolux , Sanofi, Renault, Air France, BNP Paribas Cardif, Philip Morris, Legrand, Capgemini and CIC Bank.

In his speech the Minister of Economic Development, Márton Nagy, highlighted the exemplary nature of economic cooperation between Hungary and France, and emphasized that France is the fifth largest investor in Hungary, with French companies accounting for around 6 % of the 100 billion euro foreign working capital. The minister recalled that France was Hungary's fourth largest investor between 2016 and 2019, and at the same time expressed his hope that it could reach this position again. The 425 French companies operating in Hungary provide livelihood for 41,000 families, and their turnover exceeds HUF 3,700 billion.

In addition to InnovITech Ltd.,  the Chamber's member companies and the Hungarian-French Chamber of Commerce and Industry, co-chambers also participated in the meeting, such as Belgabiz, the Joint Venture Association, the Swedish Chamber, and the business community of Swisscham.

Our goal is to strengthen the market presence of InnovITech Ltd., as well as future cooperation with French companies present in Hungary, for which we believe that the privileged French-Hungarian relations create an important basis.