General Electric then and now

Nowadays General Electric (hereinafter in the text – GE) is one of the largest and stable multi-sectors companies in the world with very high credit rating. GE profit in 2009 was 11,2 billion US dollars.

For over 130 years GE name and reputation is related to innovations and inventions that improves lives of millions of people every day.

Start of the company goes back to 1878, when Thomas Alva Edison established the Electric Light Company. Approximately four years later General Electric Company was established when Edison General Electric Company and Thomson-Houston Electric Company merged.

In 1896 General Electric (GE) became one of the 12 companies included in the recently established Dow Jones Industrial Index, where the company remains up to now.

Now the company that started with an invention of electric bulb employs approximately 300 thousand energetic employers in 160 countries. Besides in four research centres in different countries brightest minds work and each year patent several thousands of new technologies.

More about GE history and inventions you can find here

General Electric brand and reputation

GE is recognised as:

• GE is ranked number one in health care and 19th overall on Fast Company's latest list of the world's top 50 most innovative companies (2010)

• as one of the World's Most Ethical Companies by Ethisphere Magazine

• Dow Jones sustainability leaders for the 6th consecutive year (2009)

GE is also included in:

• The BusinessWeek list of the World’s 25 Most Inventive Companies (2010)

• The list of the World's Most Admired Companies by Fortune for 5th consecutive year (2010)

• Fortune list of the world’s top companies for leaders (2009)

More information about GE can be found here.