MOSCOW---May 4, 2011---As GE (NYSE:GE) continues to expand its energy business in Russia, it has launched a new sales and service operation for electric motors.
Based in Moscow, the new business unit will help Russian, CIS and Eastern European companies to develop their business while reducing their power consumption and increasing energy efficiency in accordance with the national strategy announced by the president and the Government of the Russian Federation.
Ulan Bator, Mongolia, May 2, 2011 -- General Electric Company (GE) today opened a representative office in Ulan Bator, capital of Mongolia, to further explore business opportunities in one of the fastest growing and resource-rich markets in Asia.
The new GE office is co-located in the headquarters of GE's Mongolian partner, Newcom Group (Newcom), one of the largest private enterprises in the country with a diversified portfolio of businesses in telecommunications, airline, real estate and clean energy industries.
New Jobs and Expansion of Manufacturing Facility in Ózd, Hungary, Support GE's Growing European Presence
ÓZD, HUNGARY---April 28, 2011---GE (NYSE: GE) has underpinned its commitment to growth in Europe with a $4.9 million (900 million Hungarian Forint) investment at its Ózd facility in northeast Hungary. The investment will create an additional 250 jobs at the site.
GE Aeroderivative Gas Turbines Ramp Up Power Production for LUKOIL's Busy Astrakhan Operations
HOUSTON, TEXAS and ASTRAKHAN, RUSSIA---April 28, 2011---One of the world's leading oil and gas companies, LUKOIL, will use GE's (NYSE: GE) innovative aeroderivative technology to provide additional energy for its operations in Astrakhan, Russia, continuing GE's history of growth in the region.
Natural Gas-Fired Power Plant will Contribute to the Country's Emissions Reduction Initiative
JAKARTA, INDONESIA---April 27, 2011---Independent power producer PT Cikarang Listrindo has selected GE (NYSE: GE) gas turbine technology to help support Indonesia's rapidly growing industrial sector. A GE Frame 9E gas turbine and associated generator will add 114 megawatts of power for Cikarang's power station located about 45 kilometers from Jakarta.
