Over €1.5bn of new facilities signed across cash flow and asset backed lending transactions in 1H 2013
London, 25 July, 2013: GE Capital EMEA, the specialised finance provider active in 19 markets across EMEA, has signed a record number of new business wins across its structured finance business in 1H 2013, driving a 2x increase versus the same period in 2012.
Enhances technology capabilities of GE Aviation
Positions the Italy-based company for growth beyond aviation industry
FAIRFIELD, CT (USA) -- GE announced today that it has completed the acquisition of the aviation business of Avio S.p.A., a leading, Italy-based provider of civil and military aviation components and systems.
The purchase price was $4.3 billion U.S. (€3.3 billion). GE did not purchase Avio's space unit.
Company investing in new manufacturing hall and office building and adding 114 new jobs
FÓT, HUNGARY---July 31, 2013---GE (NYSE: GE) today announced the expansion of its existing oil and gas facility in Fót, Hungary. It will host the state-of-the-art manufacturing base of central unit control panels (UCP) for gas and steam turbine power plants. Bringing UCP production to Hungary is the latest in a long line of GE investments to align its production to new customer needs and to extend its technology capability locally and globally.
Company investing in new manufacturing hall and office building and adding 114 new jobs
FÓT, HUNGARY---July 31, 2013---GE (NYSE: GE) today announced the expansion of its existing oil and gas facility in Fót, Hungary. It will host the state-of-the-art manufacturing base of central unit control panels (UCP) for gas and steam turbine power plants. Bringing UCP production to Hungary is the latest in a long line of GE investments to align its production to new customer needs and to extend its technology capability locally and globally.
GE announced second-quarter 2013 operating earnings of $3.7 billion, or $0.36 per share, down 8% and 5% respectively from the second quarter of 2012.
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Mid-market firms created more than 214,000 new jobs in the last year with Germany leading job creation
Mid-market firms across the four markets of France, Germany, Italy and the UK (the 'EU-4') are in growth mode -- represented through both sales and employment intentions -- despite tough economic conditions and a focus on keeping costs down, headline findings from GE Capital's 2013 mid-market survey show.
New company cars across Europe's major markets reduced their CO2 emissions by 15.2% between 2008 and 2012, according to the Key Solutions CO2 Assessment published today by GE Capital EMEA.
London, 14 June: New company cars across Europe's major markets reduced their CO2 emissions by 15.2% between 2008 and 2012, according to the Key Solutions CO2 Assessment published today by GE Capital EMEA.
The largest drinking water purification plant in Europe to feature GE's (NYSE: GE) ZeeWeed* 500 advanced water treatment technology is under construction in Ravenna, Italy. Located on the east coast of Italy, close to the Adriatic Sea and part of the Mediterranean Sea, this popular tourist destination needed a way to ensure increased water supply, as a result of repeated water shortages, and high-quality drinking water for residents and visitors.
