Tag: Investment
An innovative marine engineering company has relocated to a larger premises in South Tyneside to meet growing demand for its services, following the acquisition of another company to expand its range of capabilities. Established in 2015, Tyne and Wear Marine Limited offers a complete marine service, from safety boats, commercial vessels and custom fabrication and […]
Two of the North East’s best-known tech sector support organisations are set to join forces, creating new opportunities and accelerating the growth of the region’s digital technology economy. Sunderland Software City and Dynamo – the Newcastle-based, industry-led tech and digital business network – are joining together to deliver industry-specific business support and significantly increase coordinated […]
Pfizer Inc. (NYSE: PFE) and ReViral Ltd. announced today that the companies have entered into a definitive agreement under which Pfizer will acquire ReViral, a privately held, clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing novel antiviral therapeutics that target respiratory syncytial virus (RSV). Albert Bourla, Chairman and Chief Executive Officer, Pfizer said: “At […]
Saietta Group, an AIM-listed green engineering firm is expanding into Sunderland and on-shoring from China, after securing a facility in Houghton-le-Spring. Saietta Group, a UK based global business that specialises in the design, development and supply of electric powertrains, has signed a lease on the former ZF site in Rainton Bridge, in a move that […]
Following its move to new premises in Newcastle, independent innovation organisation CPI is looking to collaborate and support the commercialisation of deep tech innovations that solve healthcare and sustainability challenges. CPI has moved into The Catalyst building on Newcastle Helix, a ground-breaking 24-acre city centre development that brings together industry leaders, businesses, and top researchers […]
Sunderland College has announced a unique new partnership with British Esports, which will develop future talent and support Sunderland in becoming a global hub for esports. The college and British Esports will combine their expertise to offer young people and adults the opportunity to gain the skills, knowledge and qualifications to prepare for a career […]
Construction of the first phase of a £80m industrial development is underway in Sunderland. Legal & General-backed Hillthorn Business Park in Washington is on-track with GMI Construction Group poised to deliver the first tranche of buildings – seven of ten that will eventually stand on the site when it is fully developed – set to […]
Sunderland is focussed on its drive towards a low carbon future, as leaders renew their commitment to a national sustainability pledge. Leaders from Sunderland City Council have renewed the UK100 pledge, sharing a declaration of commitment to combat the climate crisis and put in place plans to reach the goal of net zero greenhouse gas […]