Archives Tagged as : Hungary

Go Global Hungary

Guest post by William Benkő, president of AmCham Hungary

The era when a solitary technical creator, or, putting it simple, an innovator was able to save the world or just an industry all by himself has gone forever. Similarly have gone the days when production equipments could have been enhanced and rationalized by a bit of mending and a little invention. We are in the very middle of a new industrial revolution that not just transforms but rather changes our mindset and the way countries and regions operate and compete completely.

Eight Percent of Israel’s Electricity Capacity from CEE

Guest post by Gergő Lencsés, GM of GE Energy Veresegyház, Hungary

Balancing the electricity grid is going to be a major challenge for economies given the growing proportion of renewables in the energy mix worldwide, and the EU’stargets of 20% by 2020. At GE, we believe one of the solutions to this can be provided by aeroderivative gas turbines. Israel is one of the flagship countries which has put this into practice and installed 12 GE advanced aeroderivative gas turbines , to help meet its urgent power needs.  The 50 MegaWatt (MW) aeroderivative units, assembled in Veresegyház in Hungary, are part of a $200 million deal for the landmark 800 MW Dorad Energy Plant. The plant is the largest, and one of the first independent power plants in Israel since its market was deregulated.

CEE@Olympics – Brave, Bright and Brilliant

Czech high school student Stanislav Fořt is one of the world’s great Olympians, beating the best of the best at the last two Olympiads. Never seen him on TV? That’s because Stanislav wasn’t there in Athens or Beijing, but competed in the yearly International Olympiad on Astronomy & Astrophysics. Next piece of our series about the CEE region’s participation in international competitions, including the Olympics of which GE is one of the 11 Worldwide Partners.

Collaboration of Újpest Municipality and GE Brightens the Horizon and Lowers Cost

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.

Regional Takeoff

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.

Can We Afford to Underutilize Female Talent?

Guest post by Zsuzsanna Szelényi, international human development expert

While women and men show many similarities as leaders, they tend to have different ways of communicating, influencing and managing, according to scientific research. The feminine leadership style enriches decision making with a set of views that has been proven to result in higher earnings and better governance. So if women do not take part in management, their knowledge is getting lost.  More in the following article, which originally was published in Magyar Narancs (March 22, 2012) by Zsuzsanna Szelényi, a well-known Hungarian human development expert.

Doctors to Develop Life-saving Equipment

Guest post by Dr Lajos Reich, Chief Technology Officer, GE Healthcare Hungary

Have you ever thought how the most modern medical equipment is developed? Are doctors consulted? Are local needs taken into account? We are now proud to announce the set up of the new GE Healthcare’s international R&D Center in Szeged that enables us to employ another 30 highly skilled developers, as well as the signing of a strategic partnership with the internationally acknowledged University of Szeged.

Speedy Innovation in Partnerships

Michael Harsh, GE Vice President and Chief Technology Officer for GE Healthcare, visited Hungary recently to meet local stakeholders and Hungarian colleges. During his travel he explained his idea of how R&D expenditures can be doubled within the next 10 years in Hungary. Please read the English translation of an interview he gave to Napi Gazdaság, Hungarian economy daily, or follow this link for the original article in Hungarian: