La Baule Conference 2010

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Europe has been strategic to the growth of GE. We’ve invested 20 billion dollars in Europe over the last 15 years. So we consider this as being a key market for us - Jeffrey Immelt, Chairman of the Board and CEO of General Electric

Jeffrey Immelt

Chairman of the Board and CEO of GE

Europe has been strategic to the growth of GE. I know it’s unfashionable to say that you can be successful in Europe, but we can be successful in Europe. This is still one of the biggest markets in the world: 500-600 million consumers, with an ever evolving population-base. We’ve invested 20 billion dollars in Europe over the last 15 years. So we consider this as being a key market for us.

Anne Mulcahy

Chairman and CEO of XEROX

Increasingly our customers are turning to us for global solutions to their document-related problems. Europe, it seems to us, is uniquely advantaged in this respect. You’ve been dealing with pan-European technology and language issues for decades. Making the leap from pan-European solutions to global solutions is not such a stretch.

Erkki Ormala

Vice President, Technology and Trade Policy, Nokia

We are extremely concerned about what is happening in Europe. We are more and more concerned that Europe is lagging behind. In order to be able to maintain, it’s not enough to be stable; it’s important to run faster and faster because global competition is getting much more hectic than we thought even five years ago.

Peter Kruse

CEO, DHL Express, Europe

The harmonisation of the conditions of expatriates should take place. The increase of education spending is an absolute necessity. We know that all governments at the moment are having more or less substantial budget problems, but in terms of spending on education, it should get priority over subsidies in other areas.

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