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Scottish Business Briefing – Tuesday 19 June, 2012

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WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.

INDUSTRY

Melrose set for major deal with $2.3bn bid for German Elster Group

Industrial buyout specialist Melrose yesterday revealed it is in talks to acquire German utility meter maker Elster Group in a deal worth $2.3 billion (£1.47bn).

{http://www.scotsman.com/business/industry/melrose-set-for-major-deal-with-2-3bn-bid-for-german-elster-group-1-2361992|Read full article|Link to article}

Businesses urged to invest in £1bn Dundee waterfront project

Leading Scottish businesses are being encouraged to invest in the £1bn redevelopment of Dundee’s waterfront. The 30-year regeneration project is the second biggest of its kind in Scotland.

{http://www.bbc.co.uk/news/uk-scotland-tayside-central-18494405|Read full article|Link to article}

{http://www.scotsman.com/business/industry|Read all today’s industry news from scotsman.com|Link to industry news}

ENERGY & UTILITIES

Enerco creates over 30 jobs

A Scottish investment company set up in 2010 to encourage the next generation of oil and gas entrepreneurs said yesterday it had created more than 30 jobs to date.

{http://www.pressandjournal.co.uk/Article.aspx/2816861|Read full article|Link to article}

{http://www.scotsman.com/business/energy-and-utilities|Read all today’s energy and utilities news from scotsman.com|Link to energy and utilities news}

FOOD, DRINK & AGRICULTURE

Brewer’s Best way to build a greener future

TENNENT Caledonian is launching a £58,000 fund to invest in new brewing and farming projects in Scotland. The brewer pledged to put five pence from each pint of Caledonia Best it sold during the first six months the product was on offer into the fund.

{http://www.heraldscotland.com/business/company-news/brewers-best-way-to-build-a-greener-future.17910684|Read full article|Link to article}

{http://www.scotsman.com/business/food-drink-and-agriculture|Read all today’s food, drink and agriculture news from scotsman.com|Link to food, drink and agriculture news}

TECHNOLOGY

Big bonuses for directors after Iomart profits rise

DIRECTORS at Glasgow-based technology company Iomart received bumper bonuses after delivering strong gains in sales and profits last year.

{http://www.scotsman.com/business/technology/big-bonuses-for-directors-after-iomart-profits-rise-1-2362100|Read full article|Link to article}

{http://www.scotsman.com/business/technology|Read all today’s technology news from scotsman.com|Link to technology news}

TRANSPORT

Passenger numbers soar at HIAL airports

New international links, increased tourism and industrial activity are behind increasing passenger numbers using airports operated by Highlands and Islands Airports Ltd (HIAL). Last month’s figures were 7.8% up on May of last year.

{http://www.heraldscotland.com/business/markets-economy/passenger-numbers-soar-at-hial-airports.17908491|Read full article|Link to article}

{http://www.scotsman.com/business/transport|Read all today’s transport news from scotsman.com|Link to transport news}


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