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Scottish Business Briefing - Thursday 16 February, 2012

Mackie's are hoping to take on the US market

Mackie's are hoping to take on the US market

WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.

ENERGY & UTILITIES

Profit surge for gas meter firm Smart Metering Systems

SHARES in Glasgow-based Smart Metering Systems (SMS) surged nearly 10 per cent yesterday after the gas meter specialist posted a near-doubling of underlying profits (Scotsman)

Kongsberg to boost staffing at new base

Global marine technology company Kongsberg Maritime announced plans yesterday to expand its workforce when it relocates to larger premises in the north-east (P&J).

Read all today’s energy and utilities news from scotsman.com

FOOD, DRINK & AGRICULTURE

Santander’s £2.5m backing for ex-rugby star Jim Aitken’s grain business

FORMER Scottish rugby captain Jim Aitken has secured £2.5 million in bank funding to expand his grain storage business. Aitken, who led the national team to a Five Nations Grand Slam in 1984, raised the loan from Santander Corporate Banking (Scotsman).

Mackie’s looks to grab bite of American crisps market

SCOTTISH food group Mackie’s is gearing up to take on the US market with its potato crisps. Mackie’s at Taypack, the joint venture that manufactures the crisps, is preparing to attend the US’s biggest natural food fair, the Expo West show in Los Angeles, next month (Herald)

Read all today’s food, drink and agriculture news from scotsman.com

TRANSPORT

Stobart delivering hope to property sector

HOPES were raised yesterday of a pick-up in Scotland’s flagging commercial property sector as one of the biggest industrial lettings in months was agreed with haulage giant Eddie Stobart (Scotsman).

Peoples positive despite dip in profits from record 2010

TRADING at Peoples Motor Group has stabilised after falling back from a record year in 2010, with founder and chairman Brian Gilda saying he is “delighted” with the group’s performance in a difficult and challenging market (Scotsman).

Read all today’s transport news from scotsman.com

 

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