Archives for : August 2011

Inventing the future – Maria Skłodowska-Curie

Injuries are very common, especially during vacations. A broken leg or a twisted ankle, although not life-threatening, may seriously ruin long-awaited holidays. And there is always a threat of internal injuries, which may not be visible at first sight. Luckily, modern scanning technology has been developed for decades now and today’s rescue teams and doctors can be equipped even with portable diagnostic devices such as GE’s Vscan. But none of this would ever be possible without the research conducted about 100 years ago and the great achievements of two visionary scientists: Wilhelm Conrad Röntgen and Polish Nobel Prize winner – Maria Skłodowska-Curie. Her memory is still alive in her home country where visitors meet with her photo already at the Warsaw airport upon arrival.

Guess where was GE Aviation’s first new engine designed and produced outside the US? You are right, in the Czech Republic!

Guest post by Milan Slapak, Commercial Director at GE Aviation, Czech Republic A region’s traditional competency can become the foundation for future growth and development. This is what happens in the Czech aircraft industry and it is not a surprise for those who know a bit of history. With a tradition in the aviation industry dating back to the beginning of the 20th century, in the 1980s, former Czechoslovakia was the fifth biggest player in aerospace engineering worldwide, with 35,000 jobs in the sector. Today, in the 21st century, the Czech aircraft industry is benefiting from GE Aviation’s investment, technology capacity and global outreach.

Target Rich Area – the 21st Economic Forum in Krynica, the Davos of CEE

Once upon a time there was a Socialist party leader who liked a spa and ski resort in the Polish mountains, called Krynica. Who would care today about a long dead communist leader? We should, because it is partially thanks to him that the mountains host “modern” conference buildings and hotels that could serve as basis for the new visionary leaders in 1990 who launched a genuine initiative. A regional conference aimed at bringing post-Socialist countries together for a discussion about the economy. Remember the time, please! It was the time when these economies started a painful, yet promising transition from planned economies to market economies. A historical task carried out without any blueprint. And by the way - they completely transformed their political systems as well, from one party rule to open democracies. But that is another story.

Handy Apps for A Healthy Lifestyle

On a large scale, the ability to instantly share and find medical information via technologies such as electronic medical records is rapidly transforming hospitals and doctors’ offices. Likewise, on a personal scale, information-based technologies — from Internet health sites to mobile apps — are also creating new ways for people to take control of their own health.

Making Cities More Water Sustainable

Guest post by Brad Becker, Regional Water & Process Technologies Executive, GE Energy CEE, Russia & CIS A trip to the ancient city of Rome and even the more modern city of London reveals that one of the most critical long-term indicators of future prosperity lies with the ingenuity of their urban water architecture. Besides the increased water demand for agricultural and industrial use, urban areas also experience an increased water consumption rate. Key issues related to water will be under debate during the World Water Week, August 21 – 27. This annual event, hosted and organized by the Stockholm International Water Institute, aims to address key challenges in terms of water supply.

Financing the Czech Agriculture

Guest post by Mojmír Severin, Director of Agricultural Financing at GE Money Bank, Czech Republic Czech agriculture has improved significantly over the past 15 years. This has above all taken the form of investments in animal and plant production. Another milestone in Czech agriculture was the accession to the EU. For many businesses, this represented a great opportunity as support for prepared investments, but also a greater threat. It consisted not only in more administration work when doing business in the field of agriculture, but also in the market principles of trading agricultural commodities on the open agricultural market. Resources resulting from adhering to the Common Agricultural Policy of the EU contributed significantly towards stability in this field during this period of time. The total volume of support for the agricultural sector amounted to CZK 33.5 billion in 2010. In general, this type of assistance can be divided into support provided to farmers cultivating agricultural land and environmental “more than standard services” and into support that farmers receive as direct provision for their investments. This is often channeled into animal farming, which is now mostly failing, according to the EU.

Harnessing Youthful Energy

Today is the 2011 International Youth Day with the theme „”Change Our World”. Exactly one year ago, in an effort to harness the energy, imagination and initiative of the world’s youth so as to overcome the challenges facing humankind, from enhancing peace to boosting economic development, the United Nations proclaimed an International Year of Youth starting on August 12th, 2010. We welcomed this year-long initiative as its framework approach was fully in line with what we have been fostering in the CEE region through our GE Foundation Scholar-Leader program: stronger commitment and investment in youth, increased youth participation and partnerships and better intercultural understanding among youth.

Evolution of Light

Light Bulb Myths

The phase out of inefficient lamps (conventional incandescent and halogen bulbs) began in September 2009 and will finish in September 2012. The good news is that switching to energy efficient lighting will allow homeowners to not only start saving money on their electricity bills but also contribute to the fight against climate change. While traditional light bulbs waste 96% of energy as heat - modern alternatives can reduce consumption by as much as 80% and can last up to 15 times longer.