General Electric (GE) Romania, the subsidiary of one of the largest companies in the world, with over 1,300 employees in Romania at present, could reach around 1,500 people next year, given the recruitment of around 200 people per year.
"We are hiring about 200 people a year. I think this is a solid growth rate. GE has experienced a gradual increase on the market, given that it started out with two people in 1984," says Cristian Colteanu, executive manager of General Electric for Romania, Bulgaria and the Republic of Moldova.
Most of General Electric's divisions are present locally: GE Money, GE Commercial Finance, GE Healthcare, GE Industrial and GE Infrastructure, with the latter being divided into sectors such as aviation, energy, petrol and gas, and transportation.
General Electric posted sales worth 400 million dollars (270 million euros) in Romania, Bulgaria and the Republic of Moldova, whilst the company derived its highest revenues from banking services, real estate and medical equipment services, according to the latest information provided by the company.
Last year, only two employees left GE, according to Colteanu, after they were offered more attractive career development opportunities.
"As far as our company is concerned, I don't think there is a workforce crisis on the local market. We've never had any problems identifying potential candidates for our divisions," explains the GE executive. Hiring within GE is conducted depending on the business development needs, so there are no periods dedicated to recruitment.
Moreover, there is a trend emerging, whereby Romanians working abroad are returning home, given the opportunities that have arisen on the local market.
"There are a few sectors that face a workforce shortage due to their fast growth rate. Such is the IT&C sector and the banking sector," speci