When Formula One car racing team Caterham tied up with GE in the summer of 2011, the F1 team gained access to GE's leading-edge technological, R&D and manufacturing resources. "They're a fantastic company to work with," says Caterham's chief technical officer, Mike Gascoyne. "Speaking as an engineer, their technology and innovation centers are very inspiring places to be and they're very strong in areas that are highly relevant to us.
Archives for : April 2012
Healthcare in the 21st century is mostly like a second degree equation; a mix of technology and skills which are all adding up to a manual of the human body and ho wto treat it. Nowadays, we go down to the level of cells and their “life” in determining the nature of a disease or the health status of a patient. We all heard about ribosomes and learnt about their importance in the domain of modern molecular cell biology. We thank much of that knowledge to the work of George Emil Palade (1912-2008) in the biology domain.
Five kindergartens and six other local institutions of Újpest, a district of Budapest, and designated schools and kindergartens of the towns of Nagykanizsa and Hajdúböszörmény can make substantial savings thanks to 1,300 pieces of energy efficient light sources that were donated by GE Lighting. The donation was the result of an initiative of Zsolt Wintermantel, mayor of Újpest, who wanted leaders of the district to start cooperating more closely with local companies in order to speed up further development.
Regardless of overall weak global investment sentiment, the 21 years old Warsaw bourse still seems to be an attractive market for individual Poles. Their share in annual trading volumes dropped from peaks of about 35% in the years 2004 and 2006 to around 20% now, but that is still significant. It is the result of the public’s trust in and popularity of Warsaw Stock Exchange (WSE), which was also promoted by the early introduction of public shareholding, says Wiesław Rozłucki, former President of the WSE Management Board. In this post, part of our “Smart About Investment” series on the CEE populations’ saving habits, he talks about the importance of public shareholding and how it should be promoted in the future.
Guest post by Pál Tegzes, Chairman of GE Healthcare Hungary Technical Council
What do 180 medical software developers, a scientist professor, a regional vice-president of a mobile communications company and a professional public speaker have in common? They all gathered recently in Budapest for GE Healthcare Hungary’s 4th Annual Technology Symposium and told how passion and innovation were crucial components for their success. Innovation in healthcare and mobile communications can be linked very well, for example in remote healthcare monitoring, centralized medical administration or digital analysis of diseases with the help of cloud computing.
Guest post by Tomáš Sedláček, Czech economist and author Thanks to the current economic crisis, the European Dream is also widely being discussed. But paradoxically enough, all this may even give rise to a New European Dream, argues Czech economist Tomáš Sedláček . But in an article written for Hospodarske noviny, the Czech equivalent to The Financial Times, and published on his blog on aktualne.cz he asks is there such a concept, or we just chase the American dream and try to adopt it?
Many Boeing airplanes have at least one component made in Romania. The first GE Aviation engine designed and produced outside the US comes from the Czech Republic. And the Boeing 787, the current celebrity among airplanes, is powered by a GEnx engine partly created in Poland. In addition, components for GE, CFMI, and Rolls Royce Engines are repaired in Hungary. The CEE region plays a key role in the global business success of GE Aviation.
“We believe that by implementing our recommendations, Hungary’s expenditure on R&D can be doubled,” says Dr. Lajos Reich, head of the Innovation Working Group of the American Chamber of Commerce (AmCham) in Hungary. On March 20, AmCham presented a position paper with recommendations how R&D and innovation, the pillars for national competitiveness, can be boosted.
GE Company Polska and the Warsaw Institute of Aviation offer a Scholarship Program to commemorate the victims of the Smolensk crash that happened two years ago. The scholarship is financed from a special grant that GE Aviation and GE Energy funded after the tragedy to be used for a cause benefiting Polish citizens. The Warsaw Institute of Aviation matched that grant with additional funding, increasing the total amount.
GE for CEE is proud to announce that the GE Healthymagination Challenge we were inviting participants from this region to has a winner with links to CEE. A group of researchers from the University of Akron, led by Hungarian born materials scientist Judit E. Puskas, was one of the first five winners of the Healthymagination Challenge announced in San Francisco on March 27.