Business

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Microwave health tech pioneer Emblation has acquired a US distributor for an undisclosed sum as part of its growth strategy. The Scottish-based firm has been undertaking a two year-long period of major expansion and says the acquisition of Saorsa Inc will help fuel the next phase of its development.

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Deloitte has announced the winners of the 2022 UK Technology Fast 50 awards, with three Scottish companies among the ranking. The awards recognise and rank the 50 fastest-growing technology companies in the UK, based on average revenue growth over a four-year period, and are sponsored by Multiverse,

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Scottish cities were amongst the worst performers in the UK sports economy in 2020, but a new report has indicated that targeted government support can help a sector worth almost £250 million combined in Edinburgh, Glasgow and Aberdeen drive future prosperity and create more jobs. The joint &l

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The Edinburgh International Conference Centre (EICC) has recently secured two global energy conferences for 2023, with InterPore2023, and HYDRO 2023 set to see thousands of delegates arrive in Edinburgh next year, contributing millions of pounds in economic benefit to the city and region.

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Two Glasgow-based businessmen have launched a recruitment agency dedicated entirely to the football industry. Founded by football agent and recruitment specialist, Stewart Macgregor, and professional youth coach, Piero Carrino, Football Careers Ltd, is targeting revenues of more than £1 m

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Edinburgh-based healthtech company Hearing Diagnostics has completed a £1.1 million funding round and is now eyeing commercialisation in the domestic and US markets. Led by angel investment syndicate Archangels, the funding will unlock the spatial hearing screening technology’s market po

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Protective packaging specialist Macfarlane Group has given a trading update reporting an 11% in revenue, despite weaker volumes, for the YTD to the end of October. The board expects the group’s results for 2022 to be ahead of last year and in line with its full year expectations.

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SSE has reached agreement to sell a 25% minority stake in its electricity transmission network business, SSEN Transmission, to Ontario Teachers’ Pension Plan board in a transaction valued at £1.465 billion. The energy giant says the deal will help unlock significant growth in both the tr

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Scottish energy storage specialist Gravitricity has secured £194,00 from the UK government to find a demonstration site in India suitable for its gravity energy storage technology. Gravitricity has developed an innovative energy storage system which works by raising heavy weights – total

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Russwood, a timber manufacturing and processing firm, has secured a green jobs investment worth £180,000 from Highlands and Islands Enterprise (HIE). The Newtonmore business is undergoing a £1.5 million project to expand and become a more modern, technological advanced and efficient

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Thomson Cooper Accountants has boosted their tax team with the appointment of experienced tax professional Keith Hunter. Mr Hunter's appointment reflects the increasing demand the firm has experienced for tax-related advice from individuals and business owners across Fife and the Lothians.

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