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GE Vernova invests over $25 million to modernize its Veresegyház facility, enhancing gas turbine manufacturing and supporting Hungary's energy transition.
GE Vernova's Veresegyhaz facility. Image credit: GE Vernova
GE Vernova has announced more than a $25 million investment to expand and modernize its gas turbine manufacturing and service center in Veresegyház, Hungary. Operating since 2001, the facility serves as GE Vernova’s second-largest manufacturing base outside the United States.
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 industry-leading capabilities for repairing and upgrading combustion system components—including combustion caps, liners, fuel nozzles, and hot gas path nozzles for GE's 6F, 7F, 9F, and 9HA gas turbines. It supports processes such as 3D blue-light inspection, robotic welding, EDM and NC machining, flow testing, vacuum heat treatment, and thermal spray coating applications.
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 earlier event in March 2025, Attila Olajos, Executive Sourcing Leader at GE Vernova, explained that the sustainable energy transition is sparking an “investment supercycle… a once‑in‑a‑generation opportunity” for Hungarian businesses to join the global supplier ecosystem—from “screws to multi‑million euro equipment”—under GE Vernova's rigorous safety and quality standards.
Viktória Fodor, Managing Director of GE Hungary Kft. and plant manager at Veresegyház, previously described the scale and innovation focus of the site: 50,000 m² of facility footprint operating under lean-management principles, attracting global visits to replicate its best practices. The workforce currently exceeds 2,000 employees and is expected to grow post-investment.
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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