Cwmbran-based business, Spear Europe, wins award at Welsh Business Awards

Organised by the South Wales Chamber of Commerce, in association with the University of South Wales, the Welsh Business Awards took place at the National Museum of Wales on Thursday 25th February. Awards were presented by former Blue Peter presenter TV host Gethin Jones.

According to the South Wales Argus, Cwmbran-based business, Spear Europe, was a joint winner with Rhondda-based Welsh Hills Bakery in the Success through Overseas Trade category, sponsored by Atradius.

The company employs around 170 staff and is a successful supplier of pressure sensitive labels to the UK and European drinks industry, achieving 75 per cent of its revenue through export trade.

To develop its international sales, Spear Europe expanded its team, employing multi-lingual support staff, with a greater focus on meeting the need of overseas clients. Defined regions were targeted and investment was put into research to understand the requirements of the different export markets.

Following these efforts, Spear Europe’s total export revenue has grown 23 per cent over the past two years.

Matt Davies at Spear Europe, said: “Our recent progress overseas shows that the manufacturing sector can really play an important role in the Welsh economy, driving trade growth and providing great employment opportunities.

“Over the past two years, we have implemented a variety of initiatives focussed on delivering customer value across Europe, and we are delighted that these efforts have led to this success at the Welsh Business Awards.”

Read more about the awards at South Wales Argus

 

Wedi ei bostio ar Dydd Mercher 2nd Mawrth 2016