Jobs Boost As Heating Engineers Expand

A hi-tech approach to business by an east Belfast central heating maintenance company is paying dividends with the announcement of its ambitious expansion plans supported by Northern Bank.

David Croft, Business Manager at Northern Bank's Belfast Finance Centre (pictured left) joined the Managing Director of Solv Group, Stephen Kane to announce that Solv is creating ten new skilled jobs with expansion into the Republic of Ireland with new contracts valued at £1m.

Solv Group, which provides central heating maintenance services to the public and local businesses, is set to create ten new skilled jobs and expand into the Republic of Ireland having recently secured new contracts valued at £1m.

The company says its growth in recent months is partly due to local weather conditions and heightened awareness of the dangers of carbon monoxide, which have increased demand for central heating servicing and maintenance.

However, it also attributes its success to the use of cutting-edge technology.

Solv Group have already successfully introduced an innovative system whereby customers can receive real time updates on the location of their engineer and to rate the service they receive using handheld technology from the comfort of their homes. Its integration of technology is also helping Solv to manage its cash flow more effectively online using Northern Bank's Business eBanking.
News Image
Managing Director of Solv Group, Stephen Kane said: "By incorporating innovative technology throughout our business we have been able to significantly enhance our customer service and continuously improve.

"But it's helping in other areas too. We can manage our cash flow more effectively by using Northern Bank's online banking service, Business eBanking.

"This is helping us to reduce our debtors' days by providing a quicker way to facilitate customer payments as well as allowing us to optimise funds for investment, reduce the interest we pay and maximise the interest we can earn. This is providing a solid foundation for us to expand our business."

Solv Group, which currently employs over 30 people, operates across three locations including a purpose built call centre and storage facility in East Belfast and offices in Enniskillen and Coleraine.

David Croft, Business Manager at Northern Bank's Belfast Finance Centre said: "Solv Group is a great example of an enterprising business that is effectively using technology to improve customer service and also to manage their business.

"As a result, Solv are successfully growing and expanding. By embracing online banking, the company is also better able to improve their cash flow.

"For example, by monitoring their cash flow online in real time they are saving time and money. As a business expanding into the Republic of Ireland we are able to facilitate different currency payments so that Solv Group don't lose out on currency fluctuations which is particularly important given recent exchange rate volatility," he said.


Related Northern Ireland News Stories
Click here for the latest headlines.

25 July 2013
Business Bank Must Support NI Business - Ritchie
Margaret Ritchie, SDLP MP for South Down, has urged the UK Government to do more to support NI's small and medium-sized businesses.
28 September 2004
Small business sector 'confident but concerned'
A new report has revealed that over half of Northern Ireland's small businesses have been victims of crime during the past year. The Federation of Small Businesses (FSB) 'Lifting the Barriers to Growth' Biennial Membership Survey 2004 examined issues and problems relating to small business growth in the province.
04 September 2012
Last Chance To Enter Belfast Business Awards
Businesses across the city have two weeks left to enter the Belfast Business Awards 2012. The event will take place in the City Hall on Thursday 8 November with 11 awards presented in recognition of the fine work of business enterprises, retail outlets and businessmen and women across the city.
16 April 2010
Developers Should 'Prepare' For NAMA
Local property developers have been urged to prepare for impending demands for an asset-related business plan.
13 June 2006
1,000 jobs to be created in Belfast
Around 1,000 jobs are to be created in Belfast, it has been announced. Indian company, ICICI OneSource, one of the country's largest business processing outsourcing (BPO) firms, is to open a call centre in the city, creating over 1,000 jobs over the next two-years.