# General Electric invests 160 million kuna in Karlovac plant expansion

General Electric announced an investment of approximately 160 million kuna in machinery and building expansion at its plant in Karlovac, Croatia, which produces components for gas and steam turbines for power plants.

- Type: Expansion
- Announced: 2017-03-14
- Where: Karlovac, Croatia
- Value: $23.0M (160.0M HRK)
- Status: announced
- Products: components for gas and steam turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [General Electric](https://endata.com/companies/1262.md)

## Sources

- [vecernji.hr](https://www.vecernji.hr/biznis/u-dogradnju-svoje-karlovacke-tvornice-general-electric-ulaze-160-milijuna-kuna-1155930), 2017-03-14: "Izvršni direktor GE-a za jugoistočnu Europu Gaetano Massara i generalni direktor GE-a za Hrvatsku Damir Vranić predstavili su poslovanje i najavili ulaganja ove godine u strojeve i dogradnju zgrade pogona od oko 160 milijuna kuna."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.