Tag: Investment
The North East Local Enterprise Partnership, in partnership with the Department for International Trade (DIT) and North East England Chamber of Commerce, has published a new report, ‘Global North East’, outlining how the region can build its competitiveness, drive higher productivity, and create more and better jobs by increasing international trade. ‘Global North East: Driving growth in North […]
Turntide Technologies, headquartered in California, is entering the transport space with the acquisition of two UK-based businesses, Hyperdrive Innovation Ltd and BorgWarner Gateshead Ltd. The acquisition of Hyperdrive Innovation and BorgWarner Gateshead aims to position Turntide to accelerate existing technologies and capabilities to reduce energy use and cost for commercial transportation services. A new division […]
A world-renowned cyber security expert has built a base in Sunderland, and is targeting rapid expansion that will see his business create 10 new jobs this year. Dr Igor Kotsiuba, who relocated to the North East from Ukraine under a Global Talent Visa, has launched Healthymity Limited, which aims to support AI and decision-making in […]
Plans to construct a new multi-million pound office scheme for North East companies to launch, scale-up or take advantage of global trade and export links have been submitted to Newcastle City Council by Tynexe Commercial Ltd, developers of AirView Park. The application, which will become phase two of AirView Park next to Newcastle International Airport, […]
In February 2020, Europe’s largest domestic alarm provider, Verisure UK Services Limited, opened its new North East office at Quorum Park in North Tyneside, with the ambition to create 1,000 new jobs over the next ten years. A year after locating in the region, Verisure have exceeded their target of job creation (for year one), […]
Earlier this month, Xplor, who provide management software for health and fitness clubs, chose Newcastle its new base for their service delivery business and will look to create over 200 new jobs this year as part of their global expansion plans. Working together, Invest North East England (INEE), Invest Newcastle plus other partners showcased the […]
Newcastle has beaten off stiff competition from nine other UK cities as a business location for international software and payments firm, Xplor. As part of their global expansion plans, Xplor, a leading provider of enterprise software, payments and commerce-enabling solutions for businesses, has selected Newcastle city centre as the location of its new customer service […]
The County Durham Growth Fund has awarded grants of nearly quarter of a million to two manufacturers from across the county, helping to create over 30 jobs. Established in April 2019, the fund is a £8.9m capital grant scheme providing grants to small and medium enterprises in County Durham to accelerate their growth. Each of […]