Newspaper article The Journal (Newcastle, England)

Transport Firm Overtakes Nissan to Be the Best

Newspaper article The Journal (Newcastle, England)

Transport Firm Overtakes Nissan to Be the Best

Article excerpt

Byline: Iain Laing

TRANSPORT company Arriva is today back at the top of the list of the North East's Top 250 companies, which celebrated the biggest and best businesses in the region.

The Sunderland plc - with a pounds 3bn-plus turnover - edged out Wearside's giant Nissan business at the head of the eagerly awaited annual league of the largest companies by revenue in the North East.

The Top 250, which is published in a 76-page supplement inside nebusiness today, has been compiled for The Journal by Durham Business School.

The Journal editor Brian Aitken said the list showed that, despite the recession, the region remained a fertile ground for businesses and entrepreneurs.

"This gives us a chance to recognise and celebrate the achievements of the companies in the North East which are doing their bit to keep the region's economy as buoyant as possible," he will tell executives at the Top 250 launch at the Copthorne Hotel in Newcastle today. "These are companies who demonstrate the ability, the grit, the in-genuitand the innovation to react to market demands."

He said that although the list, which is based on companies' most recently submitted results, would not yet show the effect of the recession it did show the strength and promise of the region's brightest businesses.

This year there are more new entries and climbers up the table than last year and Mr Aitken highlighted the success of six firms on the list which had worked up multi-million pound revenues even though they had less than 15 staff each. They included Gateshead retailer ethicalsuperstore which turned over pounds 6.5m last year even though it was formed less than three years ago. But the top of the list is dominated by well-established names such as Arriva which now runs bus and trains in Britain and 11 other countries. …

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