Tag: Investment
Ocado, a world-leading e-commerce business is set to create up to 300 new jobs in Sunderland, after it was unveiled as the first occupier to take space on the former Vaux Brewery site. Ocado, ‘the world’s largest dedicated online grocery retailer’, has signed a 15-year deal to let the top two floors of THE BEAM, a flagship […]
Sumo Group plc has agreed to lease the top two floors of the Riga Building, extending to 16,500 sq ft, to house the local studios of its Sumo Digital and Atomhawk businesses. Gateshead Council announced the news today that it had secured its first new tenants for Riga. Sumo Digital will move in early 2020 […]
Sage the market leader in cloud business management solutions, today announces that it will invest £40m in the North East of England in the next three years, creating an improved experience for colleagues, customers and partners, and strengthened technology and customer facing capabilities. The new workspace for colleagues in Newcastle will be part of a […]
An incubator facility designed to hothouse ideas that offer solutions to some of society’s most pressing challenges has opened in Sunderland. The Innovation Zone has been created by the North East Business and Innovation Centre (BIC) to bring together people who are developing new products, processes and applications that address real world problems such as […]
Today (24th June 2019) at their Glasgow Headquarters, Managing Director Colin West announced Eyecademy’s official expansion of operations into Newcastle, North East England. Strengthening the company’s provision of Data, Analytics and Consultancy, this new expansion will enable Eyecademy to continue to deliver insights to enterprises across the UK. Expansion into the North East Delivering Data […]
Nissan Sunderland Plant is celebrating another record breaking milestone as the ten millionth vehicle rolls of the production line. It has taken the plant 33 years to reach the ten million mark – making it the fastest car factory in the UK to the landmark figure. It also means that, on average, a new car has […]
The North East Fund has invested £20m and leveraged £23m more in its first twelve months, helping more than 125 SMEs located throughout the region to grow their businesses and create new jobs. Marking its first anniversary, the £120m regional funding programme has delivered significant investments in a range of ground-breaking and innovative projects including […]
North East-based, Connected Energy, a world-leading innovator of site-integrated energy storage solutions, has secured a £5 million investment to realise ambitious growth plans on a global stage. The significant investment, made by Sumitomo Corporation, ENGIE and Macquarie Group, will provide the Newcastle company with a platform to deliver its next phase of international growth having […]