News

Engineering company Howden Compressors is investing up to £1.2 million over the next three years to develop and expand its range of oil-free screw compressors to substantially increase its global presence in Oil & Gas industrial compressor markets.

Champion for the small and independent business owner, Glasgow based Swipii, has secured a half a million pound Regional Selective Assistance grant from Scottish Enterprise, allowing it to expand its operations while putting it in the best possible position to win even more new business.

A new decommissioning action plan launched today by the Scottish Government’s economic development agencies aims to support Scotland’s oil and gas sector to take advantage of the estimated £17.6 billion forecast by Oil & Gas UK to be spent on decommissioning on the UK Continental Shelf (UKCS) between now and 2025.

Bespoke joinery manufacturer and interior fit-out specialist, Bentleys Shopfitting Ltd, has announced it is the latest business in Scotland to adopt an employee ownership model, with 50 staff now given the opportunity to become owners.

Kerry Sharp, Head of the Scottish Investment Bank, today welcomed the news of a new £40m SME holding fund established by the Scottish Government.

New challenger in the mortgage market, The Mortgage Lender, (TML) plans to create up to 109 new jobs in Scotland’s financial services sector after being awarded a Regional Selective Assistance grant from economic development agency Scottish Enterprise.

A new £2.3 million research and development project, which will create 3 new jobs in the oil and gas sector, has been brought forward by two years thanks to £1.1 million of support from Scottish Enterprise.

Clydebank is set for a £2 million investment boost as customer service specialist Ascensos launches a brand new site in the area as part of its multi-million pound expansion, creating up to 160 new jobs.

Trendzer, the fast growing global provider of website, marketing and cloud services for SMEs today announced that it has closed a £1.1 million investment to enable the company to continue its international growth.

A new digital technology services business, Incremental Group, launches this week with the acquisition of a North East-based IT company and the aim of providing a range of digital services including Microsoft Dynamics ERP, consultancy and analytics to oil and gas, financial services and public sectors in Scotland and across the UK. 

Semefab, the Glenrothes semi-conductor manufacturer at the forefront of the UK’s micro and nano technology (MNT) network, is to invest in new equipment in a bid to increase efficiencies and pursue new technologies.

The level of income required to afford a socially acceptable standard of living and to participate in society is ten to thirty per cent more expensive in remote rural Scotland than elsewhere in the UK.