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MotoNovo Plans to Create 587 Jobs in Cardiff City Centre Move

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A car finance firm is to create nearly 600 jobs in a £100m investment in the centre of Cardiff.

Rapidly-expanding MotoNovo is moving its headquarters across the city and planning to more than double in size over the next few years. The company, owned by a South African bank, is relocating from Llanishen to Central Square in the city centre. It joins a bank and a legal firm in the same office block being built next to Cardiff Central railway station.

Economy Minister Edwina Hart said: “It is a strong vote of confidence in Wales and what it can offer companies looking to grow their businesses. It is a substantial inward investment that will raise the profile of this thriving and rapidly expanding sector in Wales.”

The new location is part of the city’s enterprise zone and has been supported with a £3m Welsh Government grant.

SOURCE: bbc.co.uk

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