Poland-GE-twentieth anniversary of partnership

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Warsaw, October 2, 2012 — GE celebrated today the Copernicus Science Centre in Warsaw two decades of partnership. On this occasion was held opening ceremony Conference, which was attended by: Ilona Antoniszyn-Klik (Deputy Minister of economy), Lee Feinstein (U.s. Ambassador in Poland), Ferdinando "Nani" Beccalli-Falco (President and CEO of GE) and Magdalena Nizik (Managing Director of the Engineering Center of EDC in Poland). For the ceremony attracted more than 250 guests, including representatives of the Government, the media and customers and employees of GE. The meeting focused on the development of the Polish economy, and members of the Government have presented a clear vision of its growth and development, pointing out the particularly important role of innovation and creativity. GE representatives stressed the importance of a long-term partnership between the country and international enterprises, as well as its role in stimulating economic growth, prosperity and innovation.

GE is one of the most innovative companies in the world and one of the largest foreign investors in Poland. It employs in the country. 10. workers. Over the past 20 years has been both witnessed the transformation of the Polish in the flourishing market economy, and largely had its part in this process. The company is not only an important local investor, but also a partner linking the Polish economy with global markets. This is supported by the Engineering Center in Warsaw, the perfect example — EDC public-private partnership that develops for 12 years and has exceeded original plans and expectations. EDC began operations in 2000 with 5 engineers, and currently employs more than 1300 people working on the design of aviation technologies, crude oil, gas and energy to world markets. The current activities of GE in Poland illustrate the following data:

? 10 thousand. employees

? Portfolio: Bank BPH, three production plants and industrial solutions (in K?odzko, Bielsko-Bia?a and boats), factory, as well as the abovementioned Engineering Centre, EDC

? Revenue: $ 1.3 billion in 2011.

? Philanthropy: scholarship program "GE Foundation Scholar Leaders", which has emerged already 121 Polish future leaders (and 430 in the entire region of Central and Eastern Europe).

GE has witnessed the transformation of developments since 1989 in Central and Eastern European countries in terms of social, political and economic. Thanks to these countries to cope with the changes is currently much better than those that do not have such experience.

"Today we are celebrating the anniversary of our long-standing commitment to Poland, and in fact in the entire region of Central and Eastern Europe. We are proud of the progress here has made over the past 20 years in the development of Polish developed also the local activities of GE. We currently employ in Poland, over 10 thousand. workers in various enterprises. Ability and willingness to change and development are essential for the creation and implementation of a vision for the future. It is expected that the business will take care of the welfare of the society in a broader sense. At GE we have common values and we are committed to addressing the major challenges facing society, ensuring at the same time, development, prosperity and job creation. We develop, as Poland is developing. Our development in Poland is based on partnership. The Polish partnership and commitment on the part of our customers and employees. Today, we have a great opportunity to celebrate and commemorate this cooperation, "said President Beccalli-Falco.

Participants agreed that the main challenges are today: the transformation of the energy sector in Poland, to ensure energy security, energy efficiency and sustainable energy balance, as well as the development of the health care system financially affordable to a larger group of patients, the use of EU funds and attracting foreign direct investment.

"GE is a partner that will help us to continue these changes. Represent EDC flagship example of public-private partnerships in the field of technology development. Today GE has announced that our gas turbine power station will be installed 9FB in Stalowa Wola, Poland's largest power plants supplied gas and one of the most energy-efficient power plant in Europe. Last year, GE Healthcare (medical section GE) has given the Center-of-the-art Voxel Diagnostic Cracow systems of positron emission tomography, computed tomography and magnetic resonance imaging, with the result that it became one of the most advanced diagnostic centers of oncological diseases and those associated with dementia. Our Bank BPH offers small and medium-sized enterprises a wide range of services that facilitate access to EU funds, contributing to accelerate their uptake by the