Tag: Investment
South Tyneside-based Metec UK has won a series of offshore renewables contracts worth over £6.5 million to supply the Dogger Bank Wind Farm phases A and B, and a second offshore substation in France amongst others. Metec UK manufactures sacrificial anodes for the long-term protection of steel jackets and foundations against corrosion used in the […]
Bionow is a membership organisation that supports business growth, competitiveness and innovation within the biomedical and life science sectors in the North of England. It adds value and cost-efficiency to scientific, clinical and business operations within early stage and growth-oriented firms. We spoke to David Holmes, Membership Manager at Bionow, about the strengths of the […]
Nissan unveils Nissan EV36Zero, a £1 billion flagship Electric Vehicle (EV) Hub creating a world-first EV manufacturing ecosystem. Centred around the record-breaking plant in Sunderland, UK, Nissan EV36Zero will supercharge the company’s drive to carbon neutrality and establish a new 360-degree solution for zero-emission motoring. The transformational project has been launched with an initial £1bn […]
The County Durham Growth Fund has awarded £5.4 million in grants to 21 companies from across the county, helping to create over 500 jobs. Established in April 2019, the fund is a £8.9 million capital grant scheme providing grants to small and medium enterprises in County Durham to accelerate their growth. The fund is managed […]
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, […]