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SACE for GE Oil & Gas: $6 billion to support Italian exports and growth

February 01, 2016

Memorandum of Understanding aims to strengthen the presence of GE Oil & Gas in international markets and support exports from Italian production sites, which employ 5,400 people and involves 1,300 sub-suppliers


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GE Oil & Gas announces investments in Italy worth $600 million

January 31, 2016

·        A Memorandum of Understanding has been signed for research, development and technological innovation in the Oil & Gas sector, establishing a centre of global excellence in Tuscany for new-generation gas turbines and centrifugal compressors.

·         Another Memorandum of Understanding has been signed in the last week between Avio Aero, a GE Aviation business, and the Minister of Economic Development for a €200 million investment in Piedmont, Apulia and Campania.


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GE Hitachi Successfully Completes First Pressurized Water Reactor Outage with Exelon Generation at Ginna Nuclear Power Plant

January 29, 2016

GEH and Exelon Generation Complete Outage in Record Time and Lowest Recorded Dose in the Station’s History 

 

WILMINGTON, North Carolina-February 1, 2016-GE Hitachi Nuclear Energy (GEH) today announced the successful completion of its first services outage at a Pressurized Water Reactor (PWR) facility. The outage, completed in partnership with Exelon Generation at the R.E. Ginna Nuclear Power Plant in Ontario, New York, was completed under budget and ahead of schedule with no safety-related or human performance issues.


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Clarke Energy Supplying GE's Diesel Engines to Meet Bangladesh Electronics Factory's Need for More Reliable on-Site Power

January 28, 2016
  • Walton Group to Install Three of GE’s 616 Diesel Engines at Electronics Components Factory
  • Project Marks First 616 Diesel Engines to be Deployed in Bangladesh as More Industries Seek Reliable on-Site Power to Overcome Local Grid Instability 

DHAKA, BANGLADESH-January 29, 2016-Walton Group, a Bangladesh-based multinational electronics, appliances and automotive manufacturer, has selected Clarke Energy to supply three of GE’s (NYSE: GE) new high-efficiency 616 diesel engines to generate more reliable on-site power at Walton Group’s factory i


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GE Signs Agreement with Iraqi Ministry of Electricity; GE Power Up Plan to Sustain and Increase Iraq's Power Generation for the Peak Summer Period

January 28, 2016
  • GE Extends Support in Project Financing for the Ambitious Power Infrastructure Upgrade
  • Technology Upgrades, Advanced Solutions and Maintenance to Generate Added Power from the MoE’s Fleet of GE’s Heavy-Duty Gas Turbines across the Country
  • Underlines Long-Term Commitment of GE to Support Iraq’s Developmental Plans

BAGHDAD-January 28, 2016-GE (NYSE: GE) is signing a power up plan with the Iraqi Ministry of Electricity (MoE) for critical electricity generation and maintenance projects throughout the country.


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GE Signs €40 million Agreement with PGE to Modernize Polish Power Plant

January 26, 2016
  • PGE Gornictwo i Energetyka Konwencjonalna S.A. is the Largest Utility in Poland
  • Modernization Project at PGE GiEK S.A.’s Turow Power Plant in Poland to Increase Power Production by 45 Megawatts, Equivalent to Power about 130,000 Polish Households

BADEN, SWITZERLAND-January 26, 2016-GE’s Power Services business (NYSE: GE) today announced it has secured orders valued approximately at €40 million with PGE Gornictwo i Energetyka Konwencjonalna S.A.


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GE 4th Quarter & Total Year 2015 Earnings

January 22, 2016

GE announced fourth-quarter 2015 Industrial operating + Verticals EPS of $0.52, up 27% from the fourth-quarter of 2014.

Please click here to read the rest of the press release.


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GE 4th Quarter & Total Year 2015 Earnings

January 22, 2016

GE announced fourth-quarter 2015 Industrial operating + Verticals EPS of $0.52, up 27% from the fourth-quarter of 2014.

Please click here to read the rest of the press release, in English.


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4th Quarter & Total Year 2015 Earnings

January 22, 2016

FAIRFIELD, Conn. - January 22, 2016 - GE has posted its fourth-quarter and total year 2015 financial results on its investor relations website at http://www.ge.com/investor-relations/ir-events/ge-4th-quarter-total-year-2015-earnings-webcast. The investor website will also host a webcast for investors at 8:30 a.m. ET with Chairman and CEO Jeff Immelt, CFO Jeff Bornstein, and VP Investor Communications Matt Cribbins.


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GE wins deals to deliver 2.6 GW of power to major power plants in China

January 21, 2016
  • GE units will produce new electricity that will be able to provide the equivalent power needed to supply about 1 million homes in the region.
  • The GE steam turbine technology that we will provide is among the most efficient on the market today and will help support China’s commitment to efficiency and conservation.
  • These deals build on GE’s long-standing relationship with two important Chinese customers: Huaneng Power International (HPI) and China Power International Development Limited (CPI International)

Beijing - January 21, 2016 - Today, GE (


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