(CNN) -- U.S. conglomerate General Electric is set to increase its investment in Germany, even as the eurozone remains hobbled by a nearly three-year old economic crisis, the company's regional boss told CNN. Nani Beccalli-Falco, chief executive officer of General Electric Europe, said Germany was the "economic locomotive" of Europe. The company wanted to strengthen its position in the continent's largest economy, he added. Read more: Airbus CEO: We will learn from past mistakes Speaking at the Ambrosetti Forum on the banks of Lake Como, Beccalli-Falco told CNN that General Electric -- a multinational founded in 1892 -- is "making a lot of investments" in Germany.
@highlight
GE Europe employs 84,000 people across the continent and provides a range of products
@highlight
Germany is the "economic locomotive" of Europe, says GE Europe boss
@highlight
EU's strength lies in economy and population size of 500 million people, says Beccalli-Falco
"We do invest in @placeholder and our chairman is enforcing that concept."