2012-10-16

GE Lighting, Oracle to Create New Employment Opportunity for Hungary

GE Lighting and Oracle Corp. have announced to strengthen their operations in Hungary, catering for the government's goal to boost employment. For GE Lighting, it is to launch an LED development laboratory, reorganizing engineers from other Hungarian operations, while Oracle will set up an 'Applications Lab' in Hungary, increasing the current number of employees, which is 200, by 10%, and is looking to increase this. Csaba Remenyi, managing director of Oracle Hungary said, "This is not brain drain; we export knowledge but brains themselves remain...
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2012-10-15

GE Lighting to Manufacture LED Lamps in Hungary by the end of 2012

GE Lighting is reported to utilize its Zalaegerszeg based factory in Hungary to manufacture LED lamps by the end of 2012. It’s said that GE Lighting has greatly reduced its lamps business in Hungary since EU gradually phases out less efficient traditional light bulb.
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