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Press Release

GE Commercial Finance, Commercial

June 01, 2005

NORWALK, Conn.--(BUSINESS WIRE)--June 1, 2005--GE Commercial Finance, Commercial & Industrial Finance (CIF) today announced the appointment of Deepak Ghosh as Industry Leader for the chemicals market.

In his new role, Ghosh will be responsible for driving organic growth in chemicals and allied industries, where CIF has successfully invested more than $1 billion through senior debt and structured product transactions. Ghosh will report to Craig Reynolds, Senior Managing Director, CIF.


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Hapag-Lloyd Expands CFM-powered Fleet with $120 Million Order

June 01, 2005

January 6, 2005 -- EVENDALE, Ohio - Hapag-Lloyd Flug has placed a $120 million order for CFM56-7 engines to power 10 new Boeing 737-800 aircraft. The aircraft are scheduled for delivery between early 2006 and mid-2007. The airline currently operates a fleet of 28 CFM56-7-powered 737-800s.


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GE to Join Hands with NTPC and BHEL in Planning for Restart of Dabhol Power Project

May 30, 2005

New Delhi, 30th May, 2005: Scott Bayman, President and CEO, GE India, today announced that GE Energy is joining a team from NTPC and BHEL to determine a course of action for restarting and completing the Dabhol Power Project (DPC).


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GE bullish on India, targets $5 billion revenues in India by 2010

May 27, 2005

Mumbai, May 27, 2005 - The Chairman and CEO of GE, Jeffrey R. Immelt, today said that India is on the threshold of a strong growth cycle. Reaffirming GE's confidence and commitment to India, Mr. Immelt said that he expects GE's revenues in India to jump from US$800 million, to over US$5 billion by 2010.


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GE India kicks off long-term recovery efforts for tsunami-hit

May 27, 2005

Chennai, April 27, 2005: GE Elfun Volunteers, the global community service organization of General Electric Company, is donating ten new fibre glass boats and fishing nets, worth about Rs. 12.5 lakhs, to the fishermen of tsunami-hit Pudhu Kalpakkam village, near Chennai. The first batch of seven boats and fishing nets was delivered by Scott Bayman, President & CEO, GE India to the fishermen of Pudhu Kalpakkam Village Co-operative Society on April 26, 2005, The boats and fishing nets will be shared among the 220 families in this fishing hamlet.


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Global Showcase for Offshore Wind Power Dedicated in Arklow, Ireland; Demonstration Site for GE's 3.6-Megawatt Wind Turbines

May 26, 2005

ARKLOW, Ireland--(BUSINESS WIRE)--May 26, 2005--Leading government and business dignitaries gathered today with local townspeople to officially dedicate the Arklow Bank Offshore Wind Park, a milestone project for both the global wind industry and Ireland.

Among the featured guests were An Taoiseach, Bertie Ahern T.D. (Irish Prime Minister), and David Garman, the Assistant Secretary for Energy Efficiency and Renewable Energy for the U.S. Department of Energy.


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GE Healthcare and Dr. Naresh Trehan's MediCity sign MoU to develop a visionary Diagnostic and R&D facility

May 26, 2005

New Delhi, May 26, 2005 -- The President and CEO of GE India, Mr. Scott R. Bayman announced the signing of a Memorandum of Understanding (MoU) with Dr. Naresh Trehan, Chairman, MediCity in New Delhi today. The MoU between GE and Dr. Trehan's MediCity -- a $250 million world-class Integrated Healthcare Facility, was announced in the presence of Mr. Jeffrey R. Immelt, Chairman and CEO, GE and Mr. Kapil Sibal, Honourable Minister of Science and Technology, Government of India.


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Arklow Bank Offshore-Windpark in Irland offiziell eingeweiht

May 26, 2005

Weltweit erster Offshore-Windpark mit Anlagen über 3 MW Leistung


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Bass Pro Shops Partners With GE For New Consumer Credit Card; New Card Program to Be Unveiled in Dallas/Ft. Worth Store at 'Ultimate Outdoor Expo' This Weekend

May 25, 2005

DAYTON, Ohio--(BUSINESS WIRE)--May 25, 2005--Bass Pro Shops, North America's Great Outdoor Store, will introduce a new consumer credit card in cooperation with GE Consumer Finance's Retail Sales Finance unit. The new card will debut this weekend at the "Ultimate Outdoor Expo" at Bass Pro Shops Outdoor World in Grapevine, Texas.


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