General Electric inaugurates 8,000-sqm plant

Pharma

General Electric (GE) today inaugurated an 8,000sqm plant that will make unit control panels (UCP) for combined gas and steam turbine (COGAS) power plants at its base in Fót, on the outskirts of Budapest. 

GE laid the cornerstone of the new plant last summer.

The expansion has created more than 100 jobs, including 40 for engineers, according to Foreign Trade State Secretary Péter Szijjártó, who was in attendance at the inauguration ceremony. GE Oil and Gas manufacturing manager Davide Marrani said Hungary continued to play a key role in the life of GE.

GE is the single largest US-based investor in Hungary and the country’s third-biggest exporter. With twelve plants, three regional business centers and three research and development units, GE currently employs over 12,000 in Hungary.

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