Menzies appoints new distribution boss
Edinburgh-based aviation logistics and news distribution firm John Menzies announced that Greg Michael will assume the role of Managing Director, Menzies Distribution, on January 1, 2017….
December 2016
Stagecoach half-year revenue tops £2bn
Perth-based rail and bus giant Stagecoach Group said its revenue rose to just over £2 billion in the half-year ended October 29 from £1.97 billion for the same…
Two transactions for Exova
Edinburgh-based industrial testing firm Exova Group said it acquired South Yorkshire-based Insight NDT Limited (Insight) and completed the sale in Canada of its Environmental East business to…
Wood Group and Heerema join forces
Aberdeen-based oil and gas services giant Wood Group said it signed a memorandum of understanding (MoU) with Netherlands-based Heerema Fabrication Group (HFG) to offer wellhead platform development to…
Iomart revenue up 16% to £42.1m
Shares of Glasgow-based cloud computing firm iomart group rose about 3.5% after it said its revenue grew 16% to £42.1 million and adjusted profit before tax rose…
RBS settles with majority of share issue claimants
Royal Bank of Scotland said it agreed a “full and final settlement” with three out of the five shareholder groups involved in the litigation surrounding the bank’s ill-fated £12 billion…
Ewing calls EU-Norway fisheries deal ‘disappointing’
The Scottish Government’s Fisheries Secretary Fergus Ewing lamented the “disappointing” outcome of the fisheries negotiations between the EU and Norway that concluded in Bergen at the weekend….
Potato exports push Grangemouth towards record
Forth Ports said the Port of Grangemouth, Scotland’s largest container facility, had one of its busiest ever seasons with more than 50,000 TEUs (Twenty Foot Equivalent Units)…
Production drilling starts on Statoil’s Mariner
Statoil said production drilling has started on the massive Mariner field on the East Shetland Platform of the UK North Sea about 95 miles east of the…
Engineering orders, output and staffing improve
The latest quarterly review from Scottish Engineeering showed an improvement in orders, output and staffing in the final quarter of 2016, after seven quarters of negative results….
Russell steps down at Johnston Press
Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — said its chairman Ian Russell decided to step down due to an acute…
State Street ‘eyes new Edinburgh European hub’
US financial services giant State Street is “lining up” 1-7 Exchange Crescent on Conference Square in Edinburgh’s central financial district for its new 60,000 sq ft European…