Tag: Investment
Reece Group has announced positive end of year results for 2019 which reflect new contract wins, business growth and advances in product technology. The North East-based organisation, the holding company for Pearson Engineering, Responsive Engineering and Velocity, has announced a collective turnover of £64.6m for the year ending December 2019. This is up 48% on […]
A unique new fund aimed at protecting the intellectual property of high value health and life sciences businesses in the North East has been announced by the North East Local Enterprise Partnership (North East LEP). The COVID-19 Patent Protection Scheme is a £300,000 grant fund designed to support high-value proposition (pre-commercial) health and life science […]
North East England’s gaming sector has developed some of the world’s greatest games. Our latest blog by Rachel Burdis, explores the sector and why gaming companies located in the North East are in an unique position Hands up how many people have been to North East England? Hands up how many people can name some […]
Newcastle Helix is a unique partnership between Newcastle City Council, Legal & General and Newcastle University. Businesses, researchers, and scientists based on this 24-acre development have been innovating and collaborating to support the global fight against COVID-19. Not only to combat the immediate impacts but preparing cities and regions for our post covid world. Both […]
Ubisoft Reflections secures expanded lease for its Newcastle based AAA games development studio. Despite lockdown, Ubisoft Reflections will take a 10-year lease of the second floor of Partnership House in Gosforth totalling 14,370 sq. ft. Property consultants Lambert Smith Hampton (LSH) and Knight Frank acted on behalf of landlord, Newcastle City Council while Ubisoft Reflections […]
Japanese corporation, Sumitomo Electric Wiring Systems Europe, is gearing up for growth after becoming the first tenant at a new County Durham business park. Sumitomo Electric Wiring Systems Europe (SEWS-E), is expanding and relocating its workforce from its base at Rainton Bridge, Houghton-le-Spring to a new site at Jade Business Park is a 55-acre employment […]
The return of some business routes to and from Newcastle International Airport has been welcomed by the developers of AirView Park as they look to attract national and international organisations now diversifying operations regionally, or establishing a UK base as part of their growth and recovery strategy. Routes including Aberdeen, Amsterdam, Belfast, Paris and Southampton, […]
A research study commissioned by the North East Local Enterprise Partnership (North East LEP) into the opportunities the offshore wind sector presents for economic growth and employment in the North East, has found that there is potential for significant growth in the number of jobs in both the direct and indirect supply chains servicing the […]