GE puts premium on training, skills of Hungarian labor force


General Electric (GE) does not have production in Hungary though labor force is cheap; more importantly, trained workers are able to meet the challenges posed by the latest technologies, GE's regional director for Central Europe Lesław Kuzaj told MTI in an interview on Wednesday.

"The game is not about cheapness. One can always find cheaper places," Lesław Kuzaj said.

Countries in Central Europe have undergone tremendous development over the past 20 years, thus Hungary should compare itself to Spain or Germany, rather than to Mexico or China, he said. GE produces sophisticated products, be it gas turbines or aircraft engines, which do not require manual force, he added.

Speaking about the transition at GE's incandescent light bulb plants in Hungary because of a European Union directive phasing out conventional, low efficiency lighting by 2013, Lesław Kuzaj said the pace of layoffs had been slowed by a sudden rise in demand on developing markets. Transition, however, is inevitable and will require much effort from manual laborers as well as time to train them, he added.

General Electric Hungary has six plants in five cities in Hungary. It also has a regional management centre and two research and development divisions in the country. GE employs about 13,000 people in Hungary.


Czech economic confidence improves in May Analysis

Czech economic confidence improves in May

Ministers in new Orbán gov't sworn in Parliament

Ministers in new Orbán gov't sworn in

Spring’s allergy season - the heat is on Interview

Spring’s allergy season - the heat is on

Airport bus fare could rise to HUF 1,500 City

Airport bus fare could rise to HUF 1,500


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.