Subsea technology specialist Ecosse Subsea Systems (ESS) said yesterday it had moved to larger premises as it prepared for significant business growth.
The relocation from Aberdeen to Brathens Eco-Business Park at Banchory will allow the company to expand its team, which includes 13 office staff and 50 offshore workers.
The firm said a recruitment drive was under way to fill senior management, business-development, accounting and administration positions and the onshore workforce could double in three years.
ESS, set up in 1996, has patented technologies, including the Scar plough and trenching system, which it said was in demand for specialist projects in the hydrocarbon and renewables sectors. The new location is also handy for easy access to many of ESS’s subsea industry clients based at Westhill.
The move represents an investment of £400,000 and includes a research and development manufacturing unit.
ESS has just completed its largest contract to date, a multimillion-pound boulder removal and cable trenching project on behalf of Siem Offshore Contractors on a windfarm in the Baltic Sea.
Ecosse Subsea managing director Mike Wilson said: “Our business has taken a huge leap forward in terms of growing our revenue and extending our client base in new markets and we are planning for the future.
“Our new office gives us the ability to grow our capability and we have easy access to some of our major clients at Westhill, the city centre and the airport. There has been a marked increase in the number of tenders we have been invited to bid for and we envisage doubling our workforce in the short to medium term.”
ESS turned over nearly £4.9million in the year to March 2012, up from £1.9million in the previous 12 months. Results have yet to be released for the year to March 2013, but they are also expected to show another healthy increase.