CSE Servelec Group Limited has announced a new £1 million expansion plan that is set to create up to 50 new jobs and increase growth for the Sheffield based company.

Following a recent corporate planning meeting at CSE Servelec’s parent company in Singapore, Alan Stubbs, Managing Director of CSE Servelec, successfully gained approval for the expansion project, which covers new facilities and further development of its software product range.

In addition, the CSE Servelec Group will continue to strengthen its position in key markets by the acquisition of complementary businesses. In 2006, turnover grew by 35% to £17 million and expectation for 2007 is a further 50% increase.

CSE Servelec, whose expertise lies in systems integration and the provision of turnkey software solutions, has an outstanding track record in such diverse markets as water, oil & gas, energy & utilities and healthcare.

Alan Stubbs said “This project has strong strategic value for the Group as a whole. We believe this expansion is laying the foundations for future business growth and the career development of our staff.

It will allow us to significantly increase our current workforce, help us to develop our existing customer base and expand our software development capabilities.”

The creation of new modern facilities and the refurbishment of the existing facilities on the Sheffield Site, will allow employees to benefit from working in a relaxed atmosphere which will be conducive to the future development of CSE Servelec.

Continued investment in the company has been directed towards strengthening their position as a leading developer and integrator of real-time business solutions.

Existing UK customers, such as BT, Severn Trent Water, Welsh Water, the Met Office, the NHS and BP, along with clients in Eastern Europe, the Middle East and Africa, appreciate the exceptional standard of service and expertise they have come to expect from CSE Servelec.