Wales
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South Korean LG plans £1.7bn electronics plant in Newport, South Wales
LG, the South Korean industrial conglomerate is to announce plans to build a £1.7bn electronics complex in Newport, South Wales. It will be the biggest inward investment yet made in…
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Merthyr Tydfil and Glasgow suck in £20m investment from Hoover’s Italian owners Candy
Italian company Candy is to plough £20m by the end of next year into two UK plants of its Hoover European Alliance subsidiary.
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Wales wins £190m over three years from EU
Over the next three years, the European Union will transfer to Wales grants worth £190m for a series of economic regeneration and job creation programmes.
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Hoover to announce big UK investment
The European arm of domestic appliances company Hoover is poised to announce a major investment in the UK this week, along with a number of new products.
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Castlemore plans 17,187 sq m leisure scheme at Cleppa Park, South Wales
Castlemore Securities is set to submit a planning application for a 17,187 sq m (185,000 sq ft) leisure scheme at Cleppa Park, close to Jctn 28 of the M4 in…
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Demand for Welsh industrial space still rising, says King Sturge
Rising demand for industrial floorspace in Wales highlights the need for more speculative development in the principality, warns a new report by King Sturge.The firm publishes assessments of the industrial…
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Positive investment climate forecast by Hillier Parker
Hillier Parker recorded just under £1bn of forward funding and joint ventures in the UK property market during the first quarter of 1996.
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Tyco brings 150 jobs to Wales
US motor components company Tyco is to expand its site at Pontypool, south Wales, at a cost of £5m. The Financial Times 3/7/96 page 6.
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Caerphilly Council confirms town centre site for retail scheme
Caerphilly County Borough Council last night reaffirmed its intention to grant consent for a 3,000 sq m (32,293 sq m ) retail scheme on a 1.01ha (2.5 acre) site next…
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Biggest office deal for a decade in Swansea, claims agent
In what is being hailed as the largest office deal in Swansea since 1990, Admiral Insurance has taken 2,012 sq m (21,667 sq ft) on three floors in Alexander House,…
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WPP hints of acquisition
WPP, the world’s biggest marketing services group, told shareholders it would consider an acquisition as part of its future plans. the company has reduced a net debt of £437m four…
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GM moves on Saab
Saab is to receive a funds injection of £340m from General Motors of the US and Investor, the main arm of the Wallenberg empire in a refinancing deal.