GE announced third-quarter 2011 operating earnings of $3.4 billion, or $0.31 per share, up 11%, from the third quarter of 2010 (excluding effects of the preferred redemption).
Please click here to read the rest of the press release, in English.
* Deal Strengthens GE's Position in $30 Billion Power Conversion and Automation Sector
* Converteam Technological Expertise to Enhance GE's Ability to Bring Localized Solutions to Fast Growth Regions
* Broadens GE Offerings for Energy Intensive Industries Such as Mining, Metals and Marine
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GE announced strong second-quarter 2011 operating earnings from continuing operations of $3.7 billion, up 18%, or $0.34 per share, up 17%, from the second quarter of 2010.
Please click here to read the rest of the press release, in English.
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* The 1,375 sq m facility marks a key foreign direct investment in the logistics sector of Dubai
* Full-fledged distribution center will stock the entire range of GE Lighting portfolio with over 2,000 products
* GE Lighting center will act as regional hub for exports to key markets in the Middle East and Africa
Dubai, UAE; July 7, 2011: GE Lighting, an industry leader in major lighting solutions for commercial, industrial and residential use, today, unveiled its first full-fledged distribution center in the Middle East in Jebel Ali Free Zone, Dubai.
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ALGESCO, a joint company between Sonatrach, Sonelgaz and GE (GE: NYSE) today celebrated the official opening of its new Service Center located in Boufarik, 35 kilometers from Algiers in Algeria.
Covering approximately 18,300 sq. meters, the new facility is the largest GE Oil & Gas turbomachinery equipment service center in the world and represents a $36 million investment in supporting the continued growth of Algeria's oil and gas and power generation sectors.
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GENERAL Electric (GE) has extended its technical leadership in power generation gas engines with the unveiling of the multi-million-dollar product development within Jenbacher that allows the global player to better address the large engine space.
The J920 engine is an innovation that pioneers gas engine technology addresses customer needs for decentralised, independent power in remote hot or high-altitude regions. In considering South Africa the technology is particularly relevant for power grid stabilisation.
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GE Joining High Level Partnership to Develop the Country's Renewable Energy Potential
JAKARTA, INDONESIA -- 29 Sept 2010 -- GE (NYSE:GE), and Indonesia's Agency for the Assessment and Application of Technology (BPPT) have signed a memorandum of understanding for the joint development of renewable energy utilization, cleaner coal, and energy efficiency projects to help meet Indonesia's growing power and environmental needs.
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GE congratulates Maker Faire Africa inventors for creativity
Global leader in innovation and main sponsor of the 2010 Maker Faire Africa symposium, General Electric (GE) commended this year's inventors and innovators from all corners of Africa including Kenya, Uganda, Zambia, Malawi, South Africa and Ghana, for their innovative contributions.