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UK space industry boosted by Thales

Thales has opened a new multi-million pound Space Propulsion Integration

Veolia opens awardwinning Leeds facility

Centre manufacturing facility in Belfast. The centre, the first of its kind in the UK, was officially opened by UK astronaut Tim Peake at the end of 2016 and marks a major milestone in Franco-British space design and manufacturing. ‘This opens an exciting new chapter for a site that already enjoys a deserved reputation for world-class precision engineering skills,’ said Victor Chavez, Chief Executive of Thales UK. The facility will manufacture electric propulsion systems for satellites. Electric propulsion is when electrical energy collected from the Sun is converted into thrust; allowing satellites to carry larger payloads for longer periods.

HRH the Duke of Kent has officially opened Veolia’s Leeds Recycling and Energy Recovery Facility. The brand new state-of-the-art building processes all of the household black bin waste from across Leeds, separating out recyclable materials and recovering what is left to generate enough energy to power 22,000 homes. The Belfast centre will manufacture around four satellite electric propulsion systems per year, including for the European Space Agency’s Neosat satellite programme. The first 10 engineers from Belfast have already completed their training in the new propulsion technology at the Thales Alenia Space headquarters in Cannes, France. In total, more than 150 people already work for Thales Alenia Space in the UK and it is expected to grow to 350 people in the next two years, with teams in Belfast, Bristol and Oxfordshire. Thales Alenia Space is also one of the main suppliers to the International Space Station. I

PSA Group and GEFCO sign €8bn contract GEFCO has been appointed by PSA Group to manage and optimise the automaker’s entire global manufacturing supply chain. The agreement, worth €8bn, begins in January 2017 and will last for a period of five years. The logistics expert has been tasked with designing and implementing logistics and transport solutions for the three PSA Group brands – Peugeot, Citroën and DS – across around 50 countries. It will manage and optimise the entire supply chain, from sourcing components for production and assembly plants to distributing finished vehicles. GEFCO will also be responsible for distributing spare parts. Commenting on the agreement, Yannick Bézard, Executive Vice President, Purchasing, at PSA Group, said GEFCO will help to improve operational performance: ‘We have every confidence in their ability to partner with us as we navigate a challenging transformation, pursue new business opportunities and develop internationally.’ I 16 - info - january / february 2017

HSBC launches British Sign Language service in branches

HSBC has introduced instantaccess remote video interpretation in its branches to enable its deaf customers who use British Sign Language to conduct day-today banking activities. ‘We are committed to ensuring that our products and services are accessible to all,’ said Stuart Haire, HSBC’s Head of Retail.

Societe Generale launches new private banking brand

Societe Generale has launched a new name for its private bank, naming it ‘Kleinwort Hambros’. This new brand is a portmanteau of Societe Generale Private Banking Hambros and Kleinwort Benson, which the bank acquired in June 2016. ‘We are looking forward to cementing our reputation as a leading player in wealth management,’ said JeanFrançois Mazaud, Head of Societe Generale private banking.

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