Company News Archive

MORE than £328 million was wiped off the market value of Aberdeen-based transport giant FirstGroup as its shares plunged by nearly a third after it asked shareholders for £615m to reduce its debt pile and turn around its bus and rail operations.

THE chief executive of Superglass Holdings, Alex McLeod, said the troubled insulation manufacturer could enjoy a successful future after it won overwhelming backing for a restructuring he described as transformational.

SCOTGOLD has revealed that constructing the processing plant at the Cononish gold mine will take a £9.1 million chunk from the £23.2m it expects to incur in pre-production expenditure at the site in Argyll.

SKYSCANNER, the fast-growing global travel search website based in Edinburgh, is aiming to more than double its workforce in Singapore as it targets further rapid expansion in the Asia-Pacific region.

Low-cost airline Ryanair boosted annual profits by 13% today but warned that the recession across much of Europe will dampen growth this year.

ENTREPRENEUR Simon Howie is building an extension at his meat processing facility to cope with growing demand caused by the horsemeat scandal and the demise of Vion's operations in Scotland.

KIER Construction has won a £6 million deal to provide infrastructure at a new low-carbon business park.

This week's Agenda comes live from the basement of the Berlaymont, the European Commission's Brussels mothership where we have been hearing from the horse's mouth the Eurocrats views on Scottish independence.

Concerns over high personal and corporate debt are helping to drive a 30% predicted rise in revenue for Edinburgh-based recovery specialist, Arum.

A dispute between the Scottish Government and one of Scotland's best-known advertising firm will be a "test case" of the competence of Scotland's public procurement process, industry sources claim.

BARR Holdings, the builder and civil engineer with interests in manufacturing and waste management, returned to profit in 2012 – a year after offloading its precast and steel divisions.

GLOBAL Energy Group wants to invest £37 million in extending the quay at the Nigg Energy Park to cater for more oil and gas business as well as position the facility to capture work from the renewable energy industry.

SCOTTISH media veteran Richard Findlay is stepping down as chairman of STV Group after playing a key role in its turnaround.

A BOTHWELL-based logistics company is getting behind a scheme to give young people the chance to build careers in the transport industry.