Invest North East England news
Rafael Advanced Defense Systems Ltd. has completed the acquisition of Pearson Engineering Ltd. (PER). The acquisition was executed under a stock purchase agreement (SPA), transferring 100% of the ownership. The acquisition includes PER’s subsidiary company Responsive Engineering Ltd. RAFAEL is a world-renowned, Israeli-based defence contractor, specializing in cutting-edge, innovative defence systems, such as the famous […]
One of the North East’s most high-profile development schemes has secured an international law firm as its first occupier, seven months ahead of practical completion. DAC Beachcroft (DACB) has exchanged contracts to become the very first tenant of Bank House in Newcastle, the first of three new office buildings that will make up Pilgrim Place. The […]
Osbit, the UK-based specialist offshore equipment supplier, has successfully delivered a state-of-the-art subsea trenching vehicle to Luxembourg vessel operator, Jan De Nul. The high-powered vehicle, named Swordfish, is a purpose-built cable burial tool for the efficient protection of subsea cables that will be used on current and future wind farm projects. Swordfish is powered by […]
The North East’s ambition to become home to the UK’s first low carbon heat cluster is taking a step forward today, as leading figures from local government and the energy sector convene on Tyneside. The Association for Decentralised Energy’s Heat Network Conference 2022 – a major national conference on the future of heating for homes […]
A leading Tyneside office park is offering members of its community the option of a carefree commute through a new scheme starting this week. Quorum Park’s new fleet of e-bikes can be hired on a daily or weekly basis, and members of its workplace community that cycle to work on World Car Free Day this […]
Visitors from Estonia, Denmark, Iceland, Latvia, Lithuania, Norway, and Sweden touched down in Newcastle this week to explore the regional clean tech and renewable energy sector and potential opportunities for international businesses. The visit was organised by Invest Newcastle, the Department for International Trade (DIT), and Invest North East England and showcased the region’s strengths […]
A North East business festival is set to return for a second time in October. Sunderland Business Festival, which ran for the first-time last year, aims to inspire enterprises from across the region, with a host of engaging speeches and sessions from high profile business leaders. The event, which comprises a range of sessions – […]
3Sixty 3PL, a North East warehouse logistics firm is celebrating a strong start to life in South Tyneside after experiencing a quick period of growth following several significant contract wins. To meet the rapid business growth and demand for its services, 3Sixty 3PL plans to open a second HQ in South Tyneside. Having opened at […]