GE for CEE

22 February 2012 Posted by Ewa Piwowar

Mobile in Banking

Increasing number of mobile phones motivates financial institutions to introduce new solutions for the clients to meet their growing expectations. The possibility of connecting to the Internet via a mobile phone has meant a major turning point in user behaviour. According to data provided by Strategy Analytics, a company engaged in analysing the international market in consumer electronics, 391 million mobile telephones were sold in the third quarter of 2011, which is a 19% year-on-year growth. 117 million smartphones were sold, i.e., 30% of all mobiles.

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20 February 2012 Posted by Patricia Leary-Kreitzer

Flying Safely Across Continents

Few people realize that parts for engines of Rolls Royce, Pratt & Whitney, CFM International and GE Aviation used throughout the globe are all produced and repaired in CEE. It is an industry that is much regulated and very safety focused.

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17 February 2012 Posted by Magdalena Nizik

Growth Leaders

Are there any similarities in the CEE countries performance? Actually, we have more in common than you might think! All these countries are relatively strong in human resources, including on indicators such as new doctorate graduates, population aged 30-34 with tertiary education, and youth with at least upper-secondary education. Also, results in economic effects (i.e. employment in knowledge-intensive activities, medium and high-tech products exports, knowledge-intensive service exports, sales of new innovations, license and patent revenue from abroad) are generally satisfactory.

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15 February 2012 Posted by GE for CEE

Green is Green

The CEE region and its countries are at a crossroad: we have to decide (1) whether we go for the best in first-class technologies when it comes to building a new and modern infrastructure that will stay with us for decades to come and (2) what role this region should and can play in the global innovation game.

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13 February 2012 Posted by Ewa Piwowar

Smart About Investments – Millions Need Financial Literacy

The financial crisis has helped boost the interest in financial literacy. Thus subject is more often talked about today; more is done about it, whether for grown-ups or for children. The truth is that individual states, the EU and OECD have dealt with this topic long before the crisis. Why?

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10 February 2012 Posted by GE for CEE

Innovation Boosts the World-go-round

In its EU 2020 Strategy, the European Commission places great emphasis on the role innovation can and must play in the reinvigoration and growth of the European economy. The GE Global Innovation Barometer survey, commissioned by GE and conducted by independent research and consulting firm StrategyOne, was recently published by GE and shows three key elements of innovation. The first one – collaboration between different parties – has been recognized among business executives. They admit that establishing collaboration is a challenge, being aware that ploughing a lone furrow is not sufficient. Creativity in business, the second important factor, enables the adjustment of innovation to local needs. Last but not least, the way of speaking about innovation, meaning having a clear mind, is a prerequisite for the whole process. The Global Innovation Barometer proves that innovation is a spectrum and it should be considered as one. Therefore we should understand its specificity and play along.

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8 February 2012 Posted by GE for CEE

Driving Innovation in Bulgaria

On January 24^th, GE and the US Embassy partnered in organizing a stakeholder dialogue in Sofia on today’s challenges in sustainable energy, water and process technologies, efficient lighting and affordable healthcare. Some 170 representatives of the state administration, businesses, local authorities and NGOs gathered to talk about how the economy can benefit from GE’s technologies and solutions in the future. The event took place at a time when the Bulgarian government was in the process of redefining its national priorities towards innovation and growth.

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6 February 2012 Posted by GE for CEE

Quo Vadis Radiology?

Guest post by Dr. András Palkó, head of the European Society of Radiology

When googling “Mona Lisa,” there are 57,700,000 results including reproductions, and this can be the future of radiology too once cloud computing has been introduced in this field. A paradigm change like implementing searchable international or at least national databases of disease histories would represent a major step forward towards more effective medical treatment. Moreover, there are other technologies available in our everyday life that could be successfully incorporated into our current institutionalized healthcare system. All in all companies strive to match more closely their therapies to the patients that they can benefit; and therefore diagnostic world and the biopharma world starting to work a lot more together.

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3 February 2012 Posted by GE for CEE

Beer – Full of Power

Have you ever thought about GE when talking about beer? You should. Even our region has a major role in beer brewing. Not only because of the well-known Czech beers, but also due to the turbines assembled at GE's largest European heavy-duty gas turbine parts manufacturing plant in Veresegyhaz, Hungary. They play a major role in producing the power which is essential to making that glass of beer for your Friday afternoon.

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1 February 2012 Posted by Ewa Piwowar

Smart About Investments – Better off with Credits

There is probably no doubt that we are a lot better off now than 15 years ago. But each of us has to realize that we have reached this state almost solely by taking on debt. An uninterested economist would like the fact that, from his viewpoint, 2011 was certainly “very interesting.” At the start, the large global economies enjoyed relatively good growth, but there was a dramatic turnaround by mid-year.

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