Balmoral Comtec has promised a ‘major jobs boost’ as it unveils plans for a new quayside manufacturing facility at Montrose Port.
Alternative lender ThinCats has revealed its £13.5 million backing for north-east businessmen Alfie Cheyne buying back the company he founded, Ace Winches, from Balmoral Group.
Ace Winches founder Alfie Cheyne has “exciting plans for the future” after taking back control of the business from investor, Balmoral Group.
A "conscious move" into renewable energy is paying off for Balmoral Group, established more than 40 years ago to support the North Sea oil and gas industry.
It’s been quite the year at Blaze, we have seen ourselves grow our staff by over 30%, have broken into Nuclear with large contract wins, now have three multi million pound wind energy projects under our belts and we’re currently working on a fourth.
Balmoral Group has sold ACE Winches back to founder and former chief executive Alfie Cheyne after the relationship between the two north-east businesses soured.
New export markets in renewables are on the cards for Balmoral Group, typically known for its oil and gas buoyancy tech, as its product offering “evolves”.
Organisers of Offshore Europe, Scotland’s largest energy exhibition and conference, are running the rule over whether it should be postponed until next year.
One of the north-east’s best-known businessmen, Jim Milne, has said he is confident the worst is now behind the Scottish engineering and manufacturing industry.
A pair of north-east oil and gas business heavyweights will bring their bust-up before a court later this year.
Serial entrepreneur Mark Patterson is preparing to launch a "major fundraising exercise" for his new mobile green battery business.
The trading challenges of 2020 are “not how I pictured our 40th anniversary year”, Balmoral Group boss Jim Milne said on Christmas Eve.
At a time of renewed interest and heightened activity in the offshore wind sector developers are seeking technological innovation from the supply chain to assist in their efforts to maximise efficiency and minimise cost.
Serial entrepreneur Mark Patterson has recruited sons Harry and Philip into a fledgling family firm focused on low carbon and support for distressed businesses.
Stewart Milne vividly remembers the impact which the discovery of the Forties Field in the North Sea had on the region when he and his generation grew up.
Energy Voice: “I suspect I’m making an error in even asking the question…”
Subsea Expo has celebrated its largest attendance on record after wrapping up the three-day event in Aberdeen.
Balmoral Group has said it remains “absolutely committed” to the growth of its Ace Winches subsidiary after announcing major changes at the top of the Aberdeenshire deck machinery specialist.
Balmoral Group Holdings reported a “mixed year” as it posted its first loss since 2007.
Balmoral Group has invested hundreds of thousands of pounds in acquiring the majority stake in a promising north-east business.
A yellow rescue helicopter took centre stage at The Press and Journal Energy Ball at the weekend.
Spirits are high as the date for the eagerly anticipated Press & Journal Energy Ball is right around the corner.
More than 38,000 people visited Offshore Europe last week, an increase of 3,000 on the 2017 event.
Companies across the north-east are gearing up to go head-to-head in the 2019 Northern Star Business Awards.
An entrepreneurial hub on the south side of Aberdeen has expanded by 6,000sq ft on the back of increased demand for its office facilities.