Aberdeen

Aberdeen

Lettings market tipped for return to growth this year

Residential rentals are forecast to rise this year in the wake of an “uncharacteristic” dip at the end of 2016.

Markets Economy
EnerMech boss Doug Duguid said the purchase of EPS widens the group's exposure to the defence, infrastructure and power markets. Picture: Contributed

Australian deal paves way to new markets for EnerMech

Engineering services group EnerMech has acquired an Australian-based business in a move which takes it into the global electrical and instrumentation sector for the first time.

Companies

Which Scottish shares made the biggest gains last week?

Find out which Scottish companies were the best performers on the stock market last week.

Companies
From left: ESS operations director Mo Petrie, managing director Mike Wilson and Handelsbanken corporate account manager Steven Rae. Picture: Simon Price

Aberdeenshire subsea group taps bank for growth drive

Ecosse Subsea Services (ESS) has secured a multi-million pound revolving credit facility with Swedish-owned bank Handelsbanken that it says will allow the subsea engineering specialist to bid for bigger renewables and power generation work.

News 1
Centrica, led by chief executive Iain Conn, is cutting roles in its exploration and production team. Picture: Contributed

Energy giant Centrica to cut 25 jobs in Aberdeen

Scottish Gas owner Centrica has revealed that it is cutting 25 jobs in Aberdeen as it reduces its exploration and production division in the city.

News 2
Aberdeen City Council leader Jenny Laing performing the market open ceremony at the London Stock Exchange. Picture: Contributed

Martin Flanagan: Aberdeen opens the London stock market

Aberdeen City Council’s senior echelon had the honour of opening the London stock market at the London Stock Exchange yesterday – recognition of the authority’s groundbreaking use of the bond markets, at least north of the Border, to fund a major infrastructure programme.

Financial 4
NESS chief executive Graham Findlay. Picture: Contributed

137-year-old charity NESS celebrates its best year ever

A 137-year-old north-east charity is looking forward to continued success after celebrating its best year ever.

News

Which Scottish shares made the biggest gains last week?

Find out which Scottish companies were the best performers on the stock market last week.

Companies
Plexus chief Ben van Bilderbeek said the Aberdeen firm was 'well placed to hit the ground running'. Picture: Contributed

Plexus inks four-year wells agreement with Centrica

Oil and gas technology specialist Plexus Holdings has secured a four-year framework agreement to provide equipment to sector giant Centrica in Norwegian waters.

News
Graeme Allan trained at PwC in Edinburgh, joining Stephen Hay & Associates as a senior manager before taking up a partnership at Aberdeen-based AAB in 2007. Picture: Contributed

Monday interview: Graeme Allan of Anderson Anderson & Brown

After one of its busiest years ever, Anderson Anderson & Brown (AAB) is not resting on its laurels.

Financial
Patrick Hughes joins Seafood Scotland from SAC Consulting. Picture: Contributed

On the move: Latest appointments and promotions

Patrick Hughes has been appointed as the new head of Seafood Scotland, the organisation set up “by the industry for the industry” in 1999 to increase the value of returns to the Scottish seafood sector.

Management
Jamie Oliver at his Jamie's Italian restaurant in Edinburgh. Picture: Jane Barlow

Jamie Oliver’s Aberdeen restaurant among six to close

Jamie Oliver is to close six of his Jamie’s Italian restaurants, including one in Aberdeen, amid “tough” trading and the uncertain outlook following the Brexit vote.

Retail 14
Plexus boss Ben van Bilderbeek said the Middle East is a 'key area of focus' for the Aberdeen firm. Picture: Contributed

Aberdeen’s Plexus secures fresh Oman wellhead contract

Plexus Holdings, the Aberdeen-based oil and gas technology company, has landed a second contract – worth about $285,000 (£231,400) – with a customer in Oman.

News
From left: John Hannah, Martin Dalgarno and Alan Masson of SBP. Picture: Contributed

North-east accountant SBP books jump in revenues

North-east accountancy firm SBP Accountants & Tax Advisers has posted record turnover of £2.5 million on the back of new business wins and client retention.

Financial
Waterloo Quay Properties managing director Anna-Marie Eardley with, from left, Alan Smith, Jim Grimmer and Bill Beattie of Matrix Risk Control. Picture: Contributed

Matrix Risk Control moves to new base in Aberdeen

Incident investigation specialist Matrix Risk Control said it has started the year by relocating to a new base in Aberdeen as it looks to grow after a “very active” 2016.

Companies

Which Scottish shares made the biggest gains in 2016?

Find out which Scottish companies were the best performers on the stock market last year.

Companies
The report warned of further insolvencies among oil and gas companies. Picture: Andrew Milligan/PA Wire

Record number of oil firms collapsing as slump bites

The number of UK oil and gas companies going insolvent has reached an all-time high following the slump in prices.

News 2
Cushman & Wakefield's Stuart Dorward, centre, with new partners Maria Franck� and Tony Rosenthal. Picture: Contributed

On the move: Latest appointments and promotions

Real estate service firm Cushman & Wakefield has appointed two new partners – Tony Rosenthal and Maria Francké – to its Scottish team.

Management
DC Thomson's comic characters include Desperate Dan. Picture: Ian Rutherford

Publishing group DC Thomson in £20m dividends bonanza

Dundee-based newspaper and comics publisher DC Thomson paid out dividends of £19.8 million to its family owners last year despite a fall in profits, up from £19.2m in the previous 12 months.

Media & Leisure
Leigh Bridges, 29, from Glasgow, with babyboy Carl

Scotland welcomes first baby arrivals of 2017

New parents across Scotland are celebrating the arrival of the first babies of 2017.

News 10
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