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August 20, 2024

Business & Economy

True Padel to open new club in Sunderland

A North East sports venue operator is set to open a new club at Wessington Retail Park in Sunderland. True Padel has agreed a lease over the former Wickes Unit on Wessington Way. The deal will see the padel-tennis provider operate a 24,000 square foot…

August 17, 2020

Business & Economy

Teesside biomass pioneer set for expansion following £900k funding

Nova Pangaea Technologies, the Teesside company that uses non-food biomass to make biofuels and other chemicals, has raised a further £900,000 from investors following successful trials of its technology. The latest funding has come from NPIF – Mercia Equity Finance,…

May 2, 2019

Business & Economy

Housebuilding helps UK construction sector return to growth

The UK construction sector expanded marginally in April as the fastest rise in housebuilding in 2019 helped offset falls in commercial and civil engineering work, according to a market report. The latest IHS Markit/CIPS UK Construction Total Activity Index showed…

February 19, 2019

Uncategorised

New investment fund opens to boost innovation across the North East

Innovative businesses across the North East could access up to £15,000 of investment with the launch of new business support programme, Innovate:Grow. Jointly conceived by Generator and Auxin OKR in May 2018, the latest funding programme, Innovate:Grow, has investment from…

March 20, 2018

Business & Economy

The University of Sunderland announces the opening of its School of Medicine

University of Sunderland has been successful in its bid to open a new medical school. The Government’s Department of Health and Social Care announced today that the first cohort of students will join the University in September next year Sunderland…

March 10, 2021

Business & Economy

Everflow Group named one of Europe’s fastest-growing firms

A utilities firm has been named one of Europe’s fastest-growing companies. The Everflow Group ranked third in the Financial Times’ annual FT 1000 list, which highlights the continent’s most promising operators. The firm, based in Wynyard, near Billingham, achieved the position…

March 9, 2023

Business & Economy

SMD invests in future with 14 new hires

Global subsea engineering and manufacturing company Soil Machine Dynamics (SMD) has welcomed 14 staff.

April 8, 2024

Business & Economy

Newcastle’s Pearson Engineering secures Ukraine anti-mine deal

A North East firm is helping Ukrainian forces repel Russia’s invasion. Pearson Engineering is sending equipment to combat mine and bomb attacks across the war-torn country. The contract includes “multi-purpose interfaces” for vehicles to fit…