
GE Vernova Unveils More Than $25 Million Expansion at Turbomachinery Manufacturing Facility in Hungary
Key Takeaways
- GE Vernova is investing over $25 million to expand its Veresegyház gas turbine center, supported by a $7.7 million incentive from the Hungarian Investment Promotion Agency.
- The facility will receive new high-precision equipment and solar panels to enhance energy self-sufficiency, focusing on repairing and upgrading combustion system components.
GE Vernova invests over $25 million to modernize its Veresegyház facility, enhancing gas turbine manufacturing and supporting Hungary's energy transition.
GE Vernova has announced more than a
The expansion, supported by a $7.7 million incentive package from the Hungarian Investment Promotion Agency (HIPA), includes installation of new high-precision production equipment and solar panels aimed at boosting onsite energy self-sufficiency.
The Veresegyház service center is equipped with
With a maximum bay height of 18 meters and cranes capable of lifting up to 25 tons, the center handles complex component assembly and testing for aeroderivative gas turbines and turbines destined for small- and medium-sized power plants.
At an
Viktória Fodor, Managing Director of GE Hungary Kft. and plant manager at Veresegyház,
The expansion aligns with GE Vernova’s broader momentum: the company’s gas turbine order backlog reportedly surged by more than $4 billion in the quarter ending June 2025—a confirmed marker of the unfolding investment supercycle in global energy infrastructure.
In addition to gas turbine repairs, the Veresegyház center offers lifecycle services encompassing steam turbines, generators, HRSGs, control systems, training, and outage support—serving as one of GE Vernova’s Centers of Excellence focused on decarbonization, hydrogen-capable turbines, and flexible grid applications.
This latest investment reinforces Hungary’s growing status as a strategic manufacturing hub for critical energy infrastructure and deepens bilateral economic cooperation as Europe grapples with the demands of an accelerating energy transition.
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