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News and insights from Europe

Press Release

GE Hitachi Nuclear Energy Announces Supply Agreements in Poland

January 26, 2011

GDANSK, Poland--26 January 2011-- GE Hitachi Nuclear Energy (GEH) today announced it has signed memoranda of understanding (MOUs) with Poland's Stocznia Gdansk, a major shipyard, and RAFAKO S.A., Europe's leading boiler equipment manufacturer, to pursue opportunities to build nuclear components for GEH.


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GE Aviation creates 100 new highly-skilled jobs at its engine servicing and testing facility in Nantgarw

January 26, 2011

The Welsh economy received a boost today with the announcement of 100 new jobs created at the GE Aviation Wales aircraft servicing facility in Nantgarw, near Cardiff. With a 1,100 strong workforce and an annual turnover approaching £1.25 billion ($2 billion), GE Aviation is one of the largest employers in Wales.

The new jobs will be for aircraft engineers and are as a result of growing demand for servicing of the GE90 engine which last year accounted for $1.4 billion in sales.


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GE Innovation Barometer: Deutschland auf Rang zwei

January 26, 2011
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GE startet Phase II der „Open Innovation Challenge"

January 25, 2011

* Im Rahmen dieser Phase stehen 200 Millionen US-Dollar (zirka 150 Millionen Euro) bereit, um die Entwicklung neuer Technologien voranzutreiben, die zur Minimierung des Energieverbrauchs von Haushalten führen
* Die unter dem Motto „Powering Your Home" laufende Phase II von GE's ecomagination Challenge zielt darauf ab, die besten Ideen und Konzepte zu sammeln und umzusetzen, um so die Erzeugung, den Verbrauch und die Steuerung von Energie für Haushalte in neue Bahnen zu lenken


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GE research highlights hope and worries of UK high tech manufacturing sector

January 24, 2011

London -- Sunday, January 23rd 2011; As the coalition government prepares to discuss the future of UK manufacturing at the forthcoming advanced manufacturing summit, a major study by GE sheds new light on what senior executives in the important high tech manufacturing sector believe the government should be doing to improve the sector's business prospects.


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Expamet Building Products Receives £8.35 Million Funding From GE Capital

January 24, 2011

GE Capital, one of Europe's leading providers of asset based lending, today announced that it has provided Expamet Building Products with financing facilities of £8.35million which will be used to help the future growth plans of the business. These financing facilities comprise invoice discounting, inventory and plant and machinery loans.


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Speciality Coatings (darwen) Limited Receives £7m Funding From GE Capital

January 24, 2011

GE Capital, one of Europe's leading providers of asset based lending, today announced that it has provided Speciality Coatings (Darwen) Limited (SCDL) with financing facilities of £7M, to support the company's growth and expansion into new markets.


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GE CAPITAL STUDY SAYS UK SMEs OFTEN LIVE 'ON THE BREADLINE' WITH LITTLE CASH TO COVER EMERGENCIES

January 24, 2011

Over 27,500 UK SMEs* have just a small amount of cash to cover urgent situations.

Over half (54 per cent) of SME owners believe the market is extremely or relatively competitive in providing financial services to their businesses.


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GE's Advanced Wind Turbine Technology Selected for New Projects in Romania

January 21, 2011

GE Expands Its Wind Business Activities in Romania as the Government Continues to Build a Supportive Environment for Wind Power Development

BUCHAREST, ROMANIA---January 21, 2011---Supporting Romania's drive to increase its supply of clean, renewable energy, GE (NYSE: GE) is teaming with wind farm developer Monsson Alma for two projects that will add 35 megawatts of wind capacity to the country's power grid.


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GE nimmt in China 2.1 Mrd Dollar ein

January 19, 2011

Aufträge und Joint-Ventures in Schienenverkehr, Energie und Luftfahrt

Fairfield/MÜNCHEN, 19. Januar 2011 --- General Electric (GE) hat in China neue Aufträge und Joint-Ventures mit einem Gesamtvolumen von 2,1 Milliarden US-Dollar abgeschlossen. CEO und Chairman Jeffrey Immelt gab dies während des viertägigen Staatsbesuchs des chinesischen Präsidenten Hu Jintao in den USA bekannt. Insgesamt entstehen durch die neuen Projekte aus den Bereichen Schienenverkehr, Energie und Luftfahrt über 5.000 Arbeitsplätze -- vor allem in den USA, China und Großbritannien.


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