Multi-national services firm Cofely is creating 200 new jobs after setting up a major new operation at a Tyneside business park.
Cofely, a GDF Suez company which is a leading provider of integrated and energy services, has made a strategic decision to move a number of its company functions into a new shared services centre at Quorum Business Park.
The business, which employs more than 15,000 people in the UK with a turnover in excess of £1bn, has made a strategic decision to move a number of its company functions into a 26,000sqft office building at the business park, a move heralded as one of the region’s largest inward investment projects this year.
The new centre will provide customer support and internal services across operations at all of its UK locations.
The move follows Cofely’s recent acquisitions of Balfour Beatty WorkPlace, and Lend Lease FM, both facilities management businesses, buyouts which have substantially grown the company’s footprint nationally and in the North East.
The new location at Quorum will see around 50 existing staff relocate from their present locations in the region together with up to an additional 200 new local jobs created over the next 18 months.
The jobs will be across a range of skill sets, covering different levels within the company.
Cofely, which is headquartered in Buckinghamshire, said the move signifies its commitment to the North East and the region’s skilled and motivated workforce, together with the lower cost of operating.
Cofely has existing links with the region and Tyneside area through its work in partnership with North Tyneside Council.
David Hughes, head of shared services at Cofely, said: “The move will put Cofely in a better position to support the increased demands of our enlarged business and enable future growth. The North East offers a great investment opportunity for businesses such as ourselves who are looking to relocate and further their development.
“We are very keen to consolidate our presence here and it’s our aim to make Cofely a sustainable and long-term employer in the region for years to come.”
Fergus Trim, director at Quorum said: “We are thrilled to welcome Cofely to Quorum and see the creation of a significant number of new jobs on site.
“We are seeing an increase in North-shoring projects of this type, and hopefully the skilled workforce and attractive business environment on Tyneside will encourage other large businesses to look at the city.”
North Tyneside mayor Norma Redfearn added: “I am delighted that Cofely have chosen to create their new base for their shared services operation in North Tyneside. The 200 new jobs at the Quorum Business Park will be welcomed by North Tyneside residents who have told us creating more employment opportunities is their top priority.”