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Press Release

UWCA to become new Russian-based GE H Series Authorized Service Center

November 23, 2017
Ural Works of Civil Aviation (UWCA), of Ekaterinburg, Russia, signed an agreement with GE Aviation to become an H Series Authorized Service Center (ASC). UGZA will provide MRO services including line maintenance, training and on-wing heavy repairs on GE H Series turboprop engines from their home location.
 

November 22, 2017 - UWCA and GE Aviation Czech plan to build synergies across the Commonwealth of Independent States (CIS) turboprop market.

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GE Global Operations helps its administrative staff with robots

November 23, 2017
Digitalization in the office: focus is on quality improvement, efficiency enhancement and capacity expansion
 

Budapest, November 16, 2017 - As many as 19 robots help the staff working in office and administrative positions in GE Hungary’s Budapest shared service center employing 2,000 staff. By automating certain elements of financial, accounting, procurement, logistics, IT, and HR processes, GE aims to improve the quality and efficiency of administrative processes.

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Saudi National Digitization Unit signs MoU with GE to drive digital industrial innovation

November 22, 2017

·         Agreement signed on the sidelines of the MISK Global Forum in Riyadh

·         GE and NDU will collaborate to accelerate digital transformation across critical industries, including healthcare, water, and mining

·         MOU will also target workshops focused on digital skills to supporting Saudi youth to drive the digital transformation of the Kingdom in line with the goals of Saudi Vision 2030

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GE, in Consortium with NGSL, Completes Milestone Project to Help Modernize Indian Coal-Fired Power Plant Fleet to Meet Country's Efficiency and Emissions Goals

November 21, 2017
  • GE’s Advanced Steam Path (ASP) Solution Restored Original Output of BHEL Steam Turbine, Improved Its Heat Rate by Approximately 14.5 Percent and Extended Unit Life up to 25 Years
  • First-of-Its-Kind Shaftline Retrofit in India on BHEL 200-Megawatt Class Fleet
  • Modernizations at Gujarat State Electricity Corporation Limited’s (GSECL’s) Ukai Power Station Increased Overall Power Plant Efficiency by 5.5 Percentage Points and Are Expected to Reduce Coal Consumption by 140,000 Tons per Year
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GE's Hardware and Digital Upgrades Help Increase Efficiency and Output at Azito Power Plant in the Ivory Coast

November 15, 2017
  • Project at Azito Power Plant in Abidjan Marks GE’s First GT13E2 MXL2 Gas Turbine Upgrade in Sub-Saharan Africa
  • Plant’s Output Will Increase by up to 30 Megawatts, Helping the Country to Meet Its Electricity Needs
  • Upgrade Includes GE’s Predix*-Based Operations Optimization Solution to Improve Overall Plant Performance

ABIDJAN, IVORY COAST-November 15, 2017-To improve performance and provide valuable insights and visibility into plant and turbine operations, GE’s Power Services business (NYSE: G

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Raghu Krishnamoorthy Named Chief Human Resources Officer Susan Peters To Retire From Ge

November 15, 2017

Boston, MA - November 15, 2017 - GE announced today that Raghu Krishnamoorthy, vice president of human resources at GE Healthcare, has been named Chief Human Resources Officer effective December 1, 2017. GE Senior Vice President and Chief Human Resources Officer Susan Peters will retire from GE on December 31, 2017 after 38 years of service.

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GE Additive unveils first BETA machine from its Project Atlas program

November 14, 2017

Bringing scalable, customizable innovation to additive manufacturing

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GE Plans to Reduce Quarterly Dividend in Conjunction with Revised Capital Allocation Framework

November 13, 2017

BOSTON - November 13, 2017 - GE (NYSE:GE) today announced that its Board of Directors has determined to set the Company’s quarterly dividend to a projected payout of $.12 per outstanding share of the Company's stock.  This represents a 50% reduction from the current quarterly dividend of $.24.  This change will be effective beginning with the Board’s next dividend declaration, which is expected to occur in December.  

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GCC Electrical Testing Laboratories signs MoU with GE to provide Monitoring & Diagnostics services for region's industry

November 08, 2017

Leveraging GE’s digital industrial solutions, the Monitoring & Diagnostics services will contribute to increased industrial efficiency and productivity and lower costs for customers in the region

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GE and Green Investment Group to Deliver 650 MW of Onshore Wind to Sweden

November 07, 2017
  • GE Renewable Energy to provide 179 of its 3.6-137 wind turbines to Markbygden ETT wind farm, currently the largest single site onshore wind installation to be delivered in Europe 
  • Green Investment Group and GE Energy Financial Services partner as 50/50 equity investors to acquire the project from Svevind and raise remaining capital from debt markets
  • Landmark project financing structure brings together European Investment Bank (EIB), Export Credit Guarantees of the Federal Republic of Germany (Hermes Cover), NordLB, KfW IPEX-Bank and HSH Nordbank
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