Tag: Investment
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 […]
The County Durham Growth Fund has been awarded an additional £4,000,000 of funding to continue supporting businesses across the county until June 2023. Established in April 2019, the fund was initially a £4.9m capital grant scheme providing grants to small and medium enterprises in County Durham to accelerate their growth. Due to the additional funding, […]
Newcastle-based Space Group, specialists in design and technology, has launched Twinview, a brand new, digital platform designed to change the way buildings are managed and perform, helping to make them safer and more energy-efficient. The platform has been four years from research and development to go-live. Having launched just a few weeks ago Twinview is […]
INEOS, one of the world’s largest manufacturing companies, has today announced plans to produce 1 million hand sanitisers per month to help with the European shortage. The chemicals company plant to construct two purpose built factories for this, one in Newton Aycliffe, County Durham and another in Germany. INEOS, who have sites in Grangemouth, Middlesborough […]