Navigation Links
USRBC President Ed Verona Lauds GE Announcement on Energy and Healthcare Joint Ventures in Russia
Date:9/16/2011

WASHINGTON, Sept. 16, 2011 /PRNewswire-USNewswire/ -- The U.S.-Russia Business Council is pleased to announce that General Electric (GE), a USRBC member, finalized agreements today to establish two new joint ventures in Russia. These joint ventures bolster GE's position in one of the world's fastest-growing markets while enhancing Russia's power generation and healthcare sectors.

Under the new ventures, which could drive more than US$10 – 15 billion in sales, GE will sell at least 77 gas turbines and thousands of high-tech medical diagnostic units in Russia and the former CIS countries.  The company signed the energy joint venture with INTER RAO UES and United Engine Corporation (UEC); GE's partner in the health care joint venture is with RUSSIAN TECHNOLOGIES.  Russian Prime Minister Vladimir Putin and GE CEO Jeffery Immelt attended the signing ceremony at the 10th International Investment Forum in Sochi, Russia.

"These JV agreements demonstrate the growing potential for collaboration between U.S. and Russian companies," said USRBC President Ed Verona. "We are delighted to see that GE is reaffirming its long-term commitment to the Russia market. It is also important to point out that these new ventures will sustain jobs in the United States, as the gas turbines GE will produce in Russia do not compete with U.S.-made models and 20 percent of the components of the high-tech diagnostic units will be made in the United States.  Today's announcement by GE is another clear example of the strong commercial ties between the U.S. and Russia."

The U.S.-Russia Business Council (USRBC) represents the interests of its 250 U.S. and Russian member companies, providing business development and government relations support in both Moscow and Washington.  The USRBC contributes to the stability and development of a free market in Russia and supports Russia's integration into the global economy.  It also serves as the Secretariat for the Coalition for U.S.-Russia Trade (www.usrussiatrade.org).  For more information, visit the USRBC online at: www.usrbc.org.  

GE is an advanced technology, services and finance company taking on the world's toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company at www.ge.com.


'/>"/>
SOURCE U.S.-Russia Business Council
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. A Win for Innovation: President Signs America Invents Act
2. Nektar Therapeutics President and CEO, Howard W. Robin, to Present at the UBS 2011 Global Life Sciences Conference in New York City
3. Boston Scientific Names Michael F. Mahoney as Company President, Announces CEO Transition Plan
4. Hanger Orthopedic Group Appoints Vinit K. Asar to President and Chief Operating Officer
5. Wolters Kluwer Pharma Solutions Names Henry Prolog Vice President of Data Strategy, Acquisitions & Services
6. Novo Nordisk Inc. Appoints Eddie Li as Vice President, Regulatory Affairs
7. GPhA Taps Ralph G. Neas as New President and Chief Executive Officer
8. MSA Elects Dr. Thomas Muschter to Vice President
9. Fero Industries Appoints Lopez as President
10. LABSCO Hires George Willett as New Vice President and Chief Financial Officer
11. 2nd Day of Testimony: Mainor Eglet Attorney Continues Questioning Teva Pharmaceuticals Vice President
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/22/2017)... , Sept. 22, 2017 AVACEN Medical ... device is now successfully helping those with the widespread ... Fibromyalgia diagnosed Amanda in Essex, England ... and washing my hair, experiencing no sleep at all, ... painful spasm… I cannot recommend [the AVACEN 100] enough, ...
(Date:9/19/2017)... , Sept. 19, 2017   ZirMed Inc ., ... analytics, today announced that it has been ranked #1 by ... Black Book™ Rankings 2017 User Survey. ZirMed was recognized ... for large hospitals and medical centers over 200 beds and ... Book,s healthcare technology user survey history. ...
(Date:9/18/2017)... , Sept. 18, 2017 ... fields of bioinformatics and immune engineering, today ... protective avian influenza A (H7N9) vaccine. ... related to seasonal influenza and presents a ... on prior exposure to be effective. Using ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... 13, 2017 , ... Yisrayl Hawkins, Pastor and Overseer at The House of ... popular and least understood books in the Holy Scriptures, Revelation. The Book of Revelation ... scholars for centuries. Many have tossed it off as mere rubbish, but Yisrayl Hawkins ...
(Date:10/12/2017)... Del. (PRWEB) , ... October 12, 2017 , ... ... and advisory services for healthcare compliance program management, will showcase a range of ... National Association for Assisted Living (NCAL) Convention and Expo to be held October ...
(Date:10/12/2017)... MD (PRWEB) , ... October 12, 2017 , ... The ... of Excellence to Carol Friedman, PhD, FACMI, during the Opening Session of AMIA’s Annual ... – 8. , In honor of Morris F. Collen, a pioneer in the field ...
(Date:10/12/2017)... Washington, D.C. (PRWEB) , ... October 12, 2017 , ... ... of their peers in Washington, D.C., for the 49th Congress of the International ... Ph.D ., Vice President of the Center for Cancer and Blood Disorders ...
(Date:10/12/2017)... ... 12, 2017 , ... Vohra Chief Medical Officer Dr. Shark ... skilled nursing facility medical directors and other clinicians at various events in October. ... "At many of these conferences we get to educate other physicians, facility nurses, ...
Breaking Medicine News(10 mins):