Aycliffe Today Business Aycliffe Today Business Issue 35 | Page 9

The magazine for Aycliffe Business Park | 9 /NEWS BUSINESS BRIEFS TEKMAR FLOATS FOR £65M Tekmar has become the latest North East firm to float after joining the AIM market. The Newton Aycliffe firm, which manufactures protection system for subsea cables and umbilicals, announced its intention to float in June. Pictured (left to right): Jake Pearson from Baltic Training, Jeff Thompson from Virtual College, Joanna Wake from RAW Digital Training, Rob Canavan from QA Apprenticeships, Danielle Barnes from DurhamWorks, Jayne Parsley Walsh from Media Works and Neil Guy from Tombola. B Aycliffe firms benefit from successful Digital Careers Fair usinesses looking to recruit young people in digital and IT, including two from Newton Aycliffe, have benefited from a successful careers fair held in Durham city. Aycliffe-based Baltic Training and Virtual College were among the exhibitors at the event held in the Rivergreen Centre at Aykley Heads in Durham. Tech firm RAW Digital Training teamed up with DurhamWorks, a County Durham Youth Employment Initiative funded by the European Social Fund, to host the fair. Almost 200 young people got to find out more information about digital and IT career opportunities from around 20 exhibitors during the four-hour event, which also included a series of presentations from experienced professionals in the digital sector. At least 100 jobs were available from the companies in attendance which included Sunderland-based Tombola and Durham- based Atom Bank, as well as Media Works, QA Apprenticeships, Sunderland and Teesside universities and Aycliffe firms Baltic Training and Virtual College, among others. Neil Guy, head of international operations at Tombola, which is expanding with a new HQ in Sunderland, said: “Businesses are screaming out for IT and digital staff. “We’re now looking to recruit degree apprentices, taking young people from school and college and hopefully keep them for 10 years or more, because of the skills shortage. “It’s such a big growth area with lots of opportunities, so events like this are really valuable. It has given us an opportunity to get in front of young people who are interested in a career in IT.” Joanna Wake, managing director of the event organisers RAW Digital, said: “We’ve brought together businesses looking to recruit people in IT, and young people looking for a career in that sector, so it’s been a fantastic event which everyone involved has benefited from. “We’ve seen an energy and buzz from the providers but, more importantly, we’ll see young people ending up with the type of jobs they’ve been looking for but maybe couldn’t find, which will ultimately give us all a buzz.” Joint-organisers DurhamWorks, a partnership project led by Durham County Council and part funded by the European Social Fund and Youth Employment Initiative, has now supported more than 4,000 people betwe en the ages of 16 to 24 to become ‘work ready’. The programme works with a range of partners to help unemployed young people develop their existing skills, identify new ones and help them into a range of training, job and education opportunities. razorblue plans expansion as sales up 31% N orth East business IT solutions provider razorblue is planning further expansion at its Teesside office after seeing a 31% hike in revenue. With offices in Catterick, Wynyard, Leeds and London, the firm specialises in managed IT and security services, super-fast connectivity, cloud and hosting and business software solutions for businesses across a broad range of industries, working with major retailers, manufacturers, professional services businesses and hotels. The firm, which has a number of clients on Aycliffe Business Park, including the Xcel Centre, is now planning to expand its Wynyard operation to accommodate continued growth. Tekmar Group’s first stock announcement said that on admission the company will have a market capitalisation of approximately £65m, following a successful total fundraise of approximately £61.8m (before expenses). HUSQVARNA’S £3,964 AIR AMBULANCE BOOST Husqvarna has flown the extra mile for its chosen charity, The Great North Air Ambulance Service, after presenting the charity with a cheque for £3,964.42, the total value of the group’s support. Since the beginning of the year, Husqvarna and its staff have dedicated their time to help raise much needed funds for the charity. CRAFTERS INVEST IN GROWTH Crafter’s Companion has appointed a new head of retail after experiencing a 12% increase in UK sales. Helen Hollings joins the multi-million- pound business from Joules clothing and will be responsible for introducing commercial retail practices plus improved workshop programmes across Crafter’s Companion’s current retail estate. EBAC’S LATEST SHIRT DEAL Ebac has become the new shirt sponsor for Darlington Football Club. The company, which has supported grass-roots sport for decades, has agreed a two-season sponsorship, with an option for a third season. It has also helped to fund a prestigious pre-season friendly against Jong PSV, the reserve team for Dutch champions PSV Eindhoven, at their training ground De Herdgang on the outskirts of Eindhoven. Ebac has also agreed to renew its shirt sponsorship deal with Northern League side Newton Aycliffe for the 2018-19 season. razorblue directors Jonathan Anderson, Dan Kitchen and Mark Wilkinson have overseen another strong year, with sales up 31%. razorblue was launched in 2006 by managing director Dan Kitchen and has since transformed and grown at around 30% year- on-year, as well as an uplift in staff of over 100% since 2015. AYCLIFFE TODAY BUSINESS The business magazine for Aycliffe Business Park We’re now working on our September- October issue (deadline August 24). Email martin@aycliffetoday.co.uk to get involved.