international business event organised by Greater Peterborough Investment
Agency (GPIA) in February is still generating business for local
companies, more than four months after it finished.
This is the conclusion of a
study just completed by GPIA of firms which took space at the event in
order to make new foreign and UK trade contacts.
Forty English host
companies - mostly from the Peterborough area - say they have reached a
total of 94 commercial, technical or financial agreements with other host
companies or foreign visitors. A number of these have already led to new
At a meeting of host
companies organised by GPIA to discuss the longer-term impact of
EuroConnect a number of Peterborough firms reported business activity
flowing from their attendance at the event.
engineering firm Peter Brotherhood has found new suppliers in the UK, the
Czech Republic and Spain.
Local consultancy and
training firm Personnel Matters is pursuing a number of business
opportunities - including negotiations with a Middle East government over a
potential major training contract.
Blanc de Bierges of
Whittlesey has made "a number of overseas contacts which have long-term
Ruddle Wilkinson recently sent a team to Estonia to talk to potential
clients introduced at EuroConnect.
Spalding-based Foodnet has
introduced a number of foreign firms to local companies which could act as
UK agents and distributors for their products.
Sterling Nut & Bolt
Company in Peterborough has secured both a new customer and a new supplier
Vegetarian food manufacturer
Bean Thinking of Soham is in discussion with a potential Danish customer -
and with a UK firm, which was also a host at EuroConnect, that may win a
contract to help design and build a new factory for the company.
Acoustic Associates of
Peterborough has two potential new clients wanting advice on quality systems
and noise pollution control.
Further afield, companies from
places such as Stroud in Gloucestershire and Grantham in Lincolnshire which took
stands at EuroConnect are reporting new business as a result.
GPIA chief executive Gloria Milne
said: "It is tremendous to hear that so much business has already been done
and that contacts made at EuroConnect are still being followed up with the
prospect of more business. This can only be good for the local economy.
"Equally important from
GPIA's point of view is the fact that EuroConnect really put Peterborough on the
international map. All the feedback we have received from our many foreign
visitors has been extremely positive and the European Commission congratulated
us on an extremely well-run event.
"EuroConnect enabled us to
bring some leading European businessmen together here in Peterborough. It has
helped us to get the city known and talked about across the