Updated 7:12am 29 May 2012

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Durham News, County Durham (Beta)

Maltby problem to hit Hargreaves Services 2013 profits

GEOLOGICAL problems at Maltby Colliery are set to hit Hargreaves Services' 2013 profits to the tune of between £12m and £16m.Read

Banknote security firm's 'disappointing' 12 months

ANTI-COUNTERFEITING specialist OpSec Security has plunged into the red after a difficult 12 months of lower sales to international governments, and costs associated with a bid to take over the company.Read

'Disappointing' year for OpSec Security

ANTI-COUNTERFEITING specialist OpSec Security fell in to a pre-tax loss as revenues dipped during what the company said was a "disappointing" year.Read

Newcastle Lloyds Bank team help fund mine contract

INDUSTRIAL services group Hargreaves has started extracting coal on the site of one of the world’s oldest deep mines helped by a £21.5m funding package from the Newcastle team at Lloyds Bank.Read

Licensing deals for retro footy shirt firm TOFFS

RETRO football top maker The Old-Fashioned Football Shirt Company (TOFFS) has signed two major licensing deals and is looking at the Japanese market in what is proving to be a busy year.Read

Jones Lang LaSalle helps to site Nissan supplier SNOP

REAL estate services firm Jones Lang LaSalle played an important role in helping a French supplier to Nissan to expand its UK operation.Read

Gibside Estate stables provide homes for creative businesses

AN historic estate is proving to be the ideal new home for creative businesses on Tyneside.Read

Harland Corporation co-founder uses talents to aid charity

ONE of the North East's most successful young entrepreneurs has been asked to bring some new ideas to one of the region's biggest charities.Read

Software company signs six-figure deal for China

SOFTWARE specialist Datawright has signed a six-figure deal with a marine sector supplier in China as it explores new opportunities in the country.Read

Vertu Motors Plc

Vertu Motors boss casts doubt on double-dip

THE BOSS of rapidly expanding Vertu Motors says his experience of the current market throws doubt on the official statistics that the UK has entered a double-dip recession.Read

Wessington Cryogenics expands and creates 30 new jobs

FAST-GROWING manufacturer Wessington Cryogenics is expanding into new premises at Castletown in Sunderland and creating 30 jobs this year following new global contract wins.Read

Land Securities in good stead despite outlook

COMMERCIAL property firm Land Securities has said it is making good progress in the midst of a challenging environment for the sector.Read

C&C Design designs young athletes' portal

THE Talented Athlete Scholarship Scheme has often been praised for its work in encouraging young athletes to balance studies with training.Read

Aframe funds will help US expansion

CLOUD video firm Aframe has completed a £4.5m funding round which will help it build business in America.Read

Inov-8

Inov-8 running shoe brand takes on the world

THE company which makes shoes for some of the world's best athletes has landed a £12m investment it hopes will help it hike worldwide sales by 50% this year.Read

Consumers not buying ‘big ticket’ items, says ScS

DWINDLING consumer confidence has been felt over at Sunderland sofa retailer ScS, which saw its turnover fall by 4.1% in the year to the end of July 2011.Read

Engineering expertise for firms launches in North East

A PROJECT designed to give businesses access to manufacturing know-how has launched in the North East.Read

ChocCards boss hoping for business investment

A SUNDERLAND chocolate entrepreneur is hoping to sweet-talk Innocent Smoothies founder Richard Reed into investing up to £1m in her business.Read

Lucrative US export deal for fair Traidcraft cereal bar

FAIR trade firm Traidcraft is looking to double production of its popular cereal bars after securing a lucrative export deal to the United States.Read

Banks Group secures £21.9m funding for wind farm

THE renewables arm of Banks Group has secured £21.9m in bank funding to build a wind farm in Yorkshire.Read

The Test Factory set to take its online services to Far East

ONLINE assessment firm The Test Factory believes there could be a healthy market for its services in the Far East.Read

Violet Interiors offers a design diagnosis for sellers

AN enterprising interior designer is aiming to help people sell their homes in the shortest possible time.Read

Noble Organisation sells bingo halls to rival outfit

GATESHEAD gaming company the Noble Organisation has sold three of its bingo venues, including one in Redcar, to rival operator Marwyn Gaming.Read

Debtors to blame for Rock Farm Dairy's demise

CUSTOMERS not paying their bills have been blamed for the demise of County Durham-based Rock Farm Dairy.Read

The Explorer Group feels the pain of recession as profits fall

CARAVAN and motorhome maker The Explorer Group has recorded a £2.2m fall in profits, blaming the depressed retail market for its losses.Read

She's Gott It! pushes ahead with overseas expansion plans

EVENT management firm She's Gott It! has scooped two major Scottish contracts and is pushing ahead with its overseas expansion plans.Read

Marmax Products supplies Cadbury World with furniture

A BUSINESS that transforms recycled rubbish into outdoor furniture is giving weary chocolate lovers somewhere to rest their legs.Read

Canary Wharf campus for Sunderland University

A NORTH East university is looking to double its student population after opening a campus in Europe's most powerful financial district.Read

Banks Group growing its wind farms

NORTH East mining and renewable company the Banks Group is looking to grow its portfolio of onshore wind farms, despite recording a £1.5m fall in earnings.Read

Express Engineering continues its expansion

A THRIVING North East engineering company is continuing its expansion, leasing new premises close to its Gateshead base.Read

Komatsu UK hold European product launch in Birtley

CONSTRUCTION equipment manufacturer Komatsu UK Ltd have held their biggest European product launch in Birtley, Gateshead.Read

O'Brien Waste Recycling Solutions buys Sunderland skip firm

THE acquisition of skip hire firm Rocktop Waste Management has given growing North East firm O'Brien Waste Recycling Solutions a firmer foothold on Wearside.Read

Durham University launches US student mentor scheme

A PIONEERING programme has been launched by Durham University students to help school pupils make their mark in the world of business.Read

Clugston Construction converts shipping containers

CONTRACTOR Clugston Construction has converted a collection of used shipping containers into office space.Read

Tanfield chief executive, Darren Kell

Tanfield order book up by nearly 300%

AERIAL lift specialist Tanfield reported an 11% jump in annual turnover and an almost 300% increase in its order book as growth returned to its markets.Read

Wonder material sparks interest from Thomas Swan

THE potential of "wonder material" graphene has pricked up the ears of Consett chemical manufacturer Thomas Swan.Read

200 jobs on the way at car parts maker Unipres UK

MOTOR vehicle parts maker Unipres UK is expecting to bring in another 200 staff in the next couple of years due to increased demand from clients including Nissan and Honda.Read

Rayovac invests an extra £1m in the North East

HEARING aid battery manufacturer Rayovac has invested an extra £1m in the North East as it steps up production of its new, mercury-free range.Read

Hargreaves starts coal shipments from Tower Colliery

Coal is being delivered from Tower Colliery in the Rhondda Valley in Wales to Aberthow Power Station, with which it has a three-year supply contract.Read

Coal shipments start from Hargreaves Services' Tower Colliery

SHIPMENTS of coal from Hargreaves Services’ Tower Colliery site have started ahead of schedule.Read

Medical firm G-MED launches arterial fixation device

THE arterial catheter is a common sight in intensive therapy, high dependency and coronary care units around the country.Read

Sunderland College ready to go wireless campus-wide

SUNDERLAND College is set to introduce nearly 700 new terminals and a wireless network across its five campuses, in order to give its students better access to new technology.Read

Fastflow boss pledges cash to Nepal water initiatives

FOUR months after seeing how his company's donation had changed the lives of thousands of the world's poorest people, utility services boss Neil Armstrong has pledged a further £77,000 towards clean water initiatives in Nepal.Read

Bob Senior

Bob Senior set to open £1m restaurant in Newcastle

A TYNESIDE leisure entrepreneur is opening a £1m restaurant in the centre of Newcastle.Read

Newcastle firm Furniture Clinic puts in a polished performance

A YOUNG entrepreneur who turned the leather cleaning business his father started in his garage into a business with customers worldwide including fashion houses and luxury car firms has doubled its sales in the last year.Read

Prof Christopher Higgins, vice chancellor, Durham University

Prof Christopher Higgins, vice chancellor, Durham University

SOCIAL engineering is no part of a university's role and if the government thinks otherwise Durham University vice chancellor Prof Christopher Higgins will soon put it right, as Peter Jackson discovers.Read

Vertu Motors will boost sales team

FAST-GROWING car dealership group Vertu is creating 19 jobs at its support centre in Gateshead to handle sales enquiries from customers nationwide.Read

C2M (UK) wins funding for building material made from rubbish

AN innovative North East company has won more than £670,000 investment to roll out production of a green building material it has developed which it hopes will revolutionise the construction industry.Read

Jean-Francois le Bos of SNOP

Financière SNOP Dunois Group set to open Washington factory

AROUND 130 jobs will be created on Wearside after a French car part maker decided to open a factory to supply the Nissan motor plant.Read

Sevcon teams up in automotive market

ELECTRIC and hybrid vehicle specialist Sevcon has revealed it played a crucial role in the development of Renault's new electric city car.Read

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