The Welsh Government helps businesses to grow in Wales – with many companies re-investing.

So, Wales must be doing something right when so many of the companies that come here, stay here. Sony, British Airways, Admiral and Panasonic are just some of those that have been operating in Wales for more than 20 years.

It’s not just the big companies that decide to stay and grow. Wales is investing in start-ups, too.

Sony Technology Centre in Bridgend has a 30,000 sq m incubator site for start-up companies in the media, digital, gaming and renewables sectors. TechHub Swansea has also been established with support from the Welsh Government to help find and develop technology stars of the future.

Dr Akshay Peer founded TrakCel while completing a PhD at Swansea University. Peer developed a technology platform that helps pharmaceutical companies to monitor and record key events in clinical programmes for pioneering regenerative medicine.

TrakCel currently has 30 employees at its base in Cardiff, but Peer said: “Within the next five years I can see us growing to 300 to 500 people … Wales will always be our hub.”

Contact us to start a conversation about expanding your business in Wales.

Share this page


Andrew Gwatkin

Andrew Gwatkin

Director International Relations and Trade

Welsh Government Offices
Cathays Park
CF10 3NQ

+44 (0) 3000 6 03000

International Offices

Welsh Government has staff and offices in locations around the world and they're ready to talk to you about setting up operations in Wales. You'll find our worldwide office locations, along with contact details, on our contact page.


Arab Health Dubai

Arab Health is your one-stop shop for all your healthcare sourcing and procurement needs.

24th - 27th January 2022

Subscribe to our newsletter

All across Wales, bright new ideas are being put into action: in offices, laboratories factories and festivals, on land, sea and in the air. Subscribe to our newsletter to hear about the latest business stories from wales.