Valeport Appoints Harvey as Financial Director
financial director. He joins the senior management team to oversee all financial aspects of the business. Harvey brings to the role more than 30 years’ experience in the financial sector supporting many SME manufacturers and exporters. His commercial background includes roles at Handelsbanken and Lloyds Bank. Valeport managing director, Matt Quartley, said, “Valeport is rapidly expanding into new markets, delivering new products to customers across a large number of sectors. Already 2017 is shaping up to be a big year for new developments and Phill joins us at the perfect
ESS Appoints Gillespie as Managing Director
which are used in seabed clearance, route preparation, trenching, backfill, pipelay, decommissioning and cable lay operations, and which are adaptable for hydrocarbon, power generation and renewables projects. The company recently agreed a multimillion-pound revolving credit facility with Handelsbanken which will support larger tenders on renewables and power generation contracts and new business opportunities in the Baltic Sea, Far East and U.S. Turnover is expected to grow in the current year to between £23-£25 million with profits increasing to around £5 million and staff
Handelsbanken helps Fund Ecosse Expansion
Ecosse Subsea Services (ESS) has agreed a multi-million-dollar revolving credit facility with Handelsbanken. The new relationship will support the Banchory-based subsea engineering specialist as it tenders for larger renewables and power generation contracts. With its roots in the oil and gas industry, ESS has led the way in adapting traditional technologies for use in the renewables and interconnector sectors and has designed and patented a range of tools which are used in seabed clearance, route preparation, trenching, backfill, pipelay removal and cable laying operations. T
February 2024
