Brothers in Pledge to Grow Cable Company ; in Association with Rbs

The JournalJanuary 18, 2008

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Summary


THE new owners of one of the world's oldest cable companies have mapped out their commitment to the North-East, saying they are in for the long-haul as they aim to turn the loss-making plant into profit.

Sanjay and Sandeep Aggrawal of New Delhi-based Paramount Communications Ltd, who recently-bought AEI Cables in Birtley, say they have ambitious plans to build a highly-profitable business which will employ a growing number of highly-skilled workers.

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Brothers in Pledge to Grow Cable Company ; in Association with Rbs

Sanjay, group chairman and chief executive, who had flown into the North-East from India this week, dispelled some workers' fears that Paramount are any...

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