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Top story
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Zone warning as gathering backs North Wales minister
The Welsh economy will suffer if the Assembly Government ignores plans for enterprise zones in England, Insider’s North Wales Economic Debate heard. The gathering also endorsed CBI Wales’ call for an Assembly Government minister dedicated to North Wales.
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Deals
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PHS shredding arm buys in Milton Keynes
PHS Datashred, the document destruction division of Caerphilly's £400m-turnover PHS Group, has acquired Shred Secure of Milton Keynes.
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FD Systems sells Clarita for £820,000
FD Systems, a South Wales business software group, has sold IT company Clarita Solutions to K3 Business Technology for £820,000.
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Companies
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Tribold sets up R&D centre in Cwmbran
Tribold, a software developer based in London, is to open a research and development centre in Cwmbran, South Wales. It plans to take on 45 development, engineering, professional and business support staff there.
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Hawtin shares suspended ahead of EGM
Shares in Hawtin, the property group based near Newport, have been suspended at the company’s request after it was hit by a demand for £3m from Anglo Irish Bank over Cardiff’s Millennium Plaza.
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Losses narrow at Pure Wafer
First-half pre-tax losses have narrowed from £3.1m ($5m) to £1.9m ($3m) at Pure Wafer, the computer chip recycler, which increased revenue from £7.4m ($11.8m) to £8.6m ($13.8m). The Swansea-based business which was posting its results for the six months to 31 December 2010, said the semiconductor market had now entered a period of growth.
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Monitise checks in to Nantgarw
Monitise, a mobile money provider, has opened a research and development technology centre in Nantgarw, near Pontypridd. The move will create 40 jobs, according to Monitise, with the potential for more in the future.
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Property and construction
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New business district planned for Cardiff
A central business district is to be established in Cardiff city centre after the council confirmed funding of up to £160m for the area south of the Millennium Stadium.
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Homes to get £37m energy makeover
The Assembly Government is to invest a further £37m in its Arbed scheme to install energy saving and renewable energy technology in homes, much of it through small and medium sized businesses.
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