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GE could move production from US plant to Hungary, report

General Electric could move production from a plant in the American state of Ohio to Hungary, business daily Napi Gazdaság said on Thursday, without citing any sources. GE said in January it would shut down the plant in the city of Ravenna by the end of first quarter 2014. The plant, which makes high-intensity discharge lamps, employs 164 people, according to local news source Record-Courier. GE’s operations in Hungary have been hit by layoffs because of a European Union directive phasing out conventional, low-efficiency lighting.