Truro is an affluent city with a population of around 24,000. It is the only city in Cornwall, and is therefore an important hub for retail, healthcare, education, leisure and business services, as well as being a big earner in terms of tourism. Sectors that are set for great growth in the city are creative and digital, aerospace, renewable energy, and digital health and wellbeing.
The largest employers in Truro during 2013 were health and social care, wholesale and retail and repair of vehicles, and education. Social care is expected to grow by around 25% in order to support an increasing number of elderly residents. Truro, along with the Roseland area, account for around 17% of Cornwall's GVA.
In order to identify the leading companies in Truro, we've put the following list together. It features the top performing business across all sectors, ordered based on their revenue figures. See the full list below.
MoreAs the list compiled above shows, Truro offers good business potential across a variety of sectors. Companies based here have the advantage of the city's great transport links. Not only is there easy access to regional hubs like Falmouth and Redruth, but also to Exeter, Plymouth and further afield via the M5 motorway.
As the only city in Cornwall, Truro is set to enjoy investment from the LEP (Local Enterprise Partnership) £198 million fund for Cornwall and the Isles of Scilly. The goals for this investment includes encouraging businesses in the marine and renewable energy sectors, and the creation of 700 senior occupations by 2020.
