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<strong>Getting</strong> <strong>better</strong> <strong>value</strong> <strong>from</strong> Public Sector Research Establishments<br />

:<br />

Transport Research Laboratory (TRL) – The Transport<br />

Research Foundation (TRF) is a non-profit distributing<br />

company limited by guarantee which operates through a<br />

wholly owned subsidiary – TRL Ltd. TRL works on all aspects<br />

of transportation, including safety, vehicles, environment,<br />

sustainability, infrastructure, software and certification.<br />

Former PSREs – Profit Distributing<br />

:<br />

:<br />

:<br />

:<br />

AEA Technology – AEA Group Plc is quoted on the<br />

London Stock Exchange, and operates in Europe and<br />

the USA. Previously a small part of the <strong>research</strong> arm of<br />

the UK Atomic Energy Authority (UKAEA) (about 90%<br />

of the former AEA Technology was sold in a number<br />

of disposals), AEA Technology is focused on providing<br />

climate change and energy consultancy.<br />

LGC (formerly the Laboratory of the Government<br />

Chemist) – LGC is a privately owned company limited<br />

by shares. Bridgepoint, the private equity group, has<br />

a controlling shareholding. LGC provides laboratory<br />

services, measurement standards, reference materials and<br />

proficiency testing services in the UK and internationally,<br />

is the UK’s designated National Measurement Institute for<br />

chemical and bioanalytical measurement, and the host<br />

organisation for the UK’s Government Chemist function.<br />

QinetiQ – QinetiQ Group Plc is quoted on the London<br />

Stock Exchange. QinetiQ addresses a global market and<br />

provides a wide range of technical services, technical<br />

assurance and safety related services, as well as doing a<br />

small amount of highly applied R&D for the UK Ministry<br />

of Defence (MOD).<br />

TUV NEL – is a company limited by shares wholly owned<br />

by TÜV SÜD Group, an international service organisation<br />

headquartered in Germany. TUV NEL provides technical<br />

consultancy, <strong>research</strong>, testing, flow measurement and<br />

programme management services. It is the National<br />

Measurement Institute for flow measurement.<br />

Table 3 summarises organisational status, turnover, staff<br />

numbers and percentage of government funding for each of<br />

the PSREs and former PSREs studied.<br />

26

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