The company traces its beginnings to Thomas A. Edison, who established Edison Electric Light Company in 1878. In 1892, a merger of Edison General Electric Company and Thomson-Houston Electric Company created General Electric Company. GE is the only company listed in the Dow Jones Industrial Index today that was also included in the original index in 1896.
GE as an investor, citizen
Today Central and Eastern Europe, Romania is part of, is an emerging growth market for GE, one where industrial sales can grow multiple GDP. For GE it is also a major innovation, technology, engineering know-how and manufacturing location for global markets.
GE launched the first regional corporate blog in the CEE region. The GE Reports CEE Blog is a community-building digital platform that helps the region to create ties between different professionals, sharing best practices to generate ideas how CEE nations can work and grow together.
GE and Romania
GE celebrated 30 years of common history with Romania, which started back in 1984 as the provider of the turbo-generator units for the significant project Cernavoda Nuclear Power Plant. Since then, all GE businesses lines have entered the Romanian market, hence the number of employees exceeds 640 people today.
Currently GE has 6 registered legal entities in Romania.
The most important GE infrastructure modernization project with GE technology is the 600-megawatt Fantanele/Cogealac wind park, Europe’s largest onshore wind project, now in full operation and producing enough cleaner energy to power more than one million Romanian households each year. The project utilizes 240 GE 2.5-megawatt wind turbines, including the 1,000th 2.5-megawatt (MW) class machine installed by GE worldwide. Also, GE offers technology for the largest CHP at Petrobrazi and two manufacturing facilities for state of the art technology in aviation and Oil & Gas area.
Romania is one of the fastest growing GE locations in Europe. GE invested in Romania, significantly contributing every year to its economy as an investor and a supplier of top technologies and as a good corporate citizen.
GE Leadership in Romania
GE President & CEO Romania, Bulgaria and the Republic of Moldova Cristian Colteanu since 2007
GE businesses in Romania
Aviation, Power, Oil & Gas, Lighting, Healthcare, Energy Management, Capital, Transportation
GE CSR for the Romanian Society
GE in the community
GE's approach to corporate citizenship and to business are driven by a common understanding of the role we can play in helping to solve the world's toughest problems. Our goals are to make money (strong, sustained economic performance), make it ethically (rigorous compliance with financial and legal rules), and make a difference (ethical actions, beyond formal requirements, to advance GE’s reputation and long-term health).
Every day, GE employees help improve the communities where they live and work, through charitable contributions, mentorship programs and volunteering. More than 8,000 GE Volunteers have developed 250 projects regionally, and delivered more than 44,000 volunteering hours across CEE in 2014.
Innovative projects recently supported by GE in Romania:
- GE Foundation Scholar-Leaders University Scholarship Program - Sponsored by GE Foundation and implemented by the Institute of International Education, the program, now celebrating its 9th edition in Romania, aims to identify outstanding second-year university students who show leadership potential. It is unique as, in addition to a monetary scholarship, it offers students the opportunity to attend teambuilding sessions, to shadow GE executives and interact with peer students from Central and Eastern European countries.
- International Job Shadow Day - The International Job Shadow Day ® (JSD) offers students a true picture of the business community and jobs. By participating in the program, students spend several hours in the "shadow" of an employee of a company/institution to learn more about the responsibilities of the job.
- Cogealac Medical Center, Constanta County - GE Energy and Energy utility CEZ Group partnered to upgrade the medical practice from the Romanian community of Cogealac, Constanta County. The Permanent Medical Centre, providing services around the clock, was renovated and equipped with cutting edge medical devices from GE Healthcare, totalling $ 200 000, also extended with a new balneo-physiotherapy ward. Following the extension works, the Medical Centre also hosts the county ambulance unit which provides emergency intervention services for the Northern region of Constanta County.
President & CEO
Tel: +40 (0) 372 074 516