Energy firms dominate Sunday Times companies’ rich list

Energy companies have dominated the first Sunday Times International Track 100 league table. The table ranks firms’ international sales growth over the latest two years of available accounts. The 100 […]

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By Kelvin Ross

Energy companies have dominated the first Sunday Times International Track 100 league table.

The table ranks firms’ international sales growth over the latest two years of available accounts. The 100 companies’ international sales grew by an average of 83% a year over 24 months to a total of £2.2bn. International sales growth ranged from 44% pa to 416% pa.

The list was dominated by 17 oil and gas related companies with the number one slot going to Global Energy Group, based in Scotland, which provides contract services to the oil and gas industry as well as to the power generation, petrochemical and renewable sectors.

The company, headquartered in Aberdeen and Inverness, is only five years old, yet is expected to turn over nearly a quarter of a billion pounds this financial year.

Global Energy operates around the world, with 25% of its turnover coming from international sales in Houston, Norway, Trinidad and Africa. It is expanding into the Middle East and India.

Also on the list is Wind Prospect, which provides support and advice to financiers and other wind developers.

The company enjoyed a growth in international sales of over 95% between 2006 and 2008 and works in the UK, France, Poland, Turkey and the US.

Wind Prospect Group chief executive Euan Cameron said: “Wind Prospect has been developing wind farms for almost 20 years. We are pleased to be acknowledged in the Sunday Times International list. It demonstrates the commitment of our staff and directors to Wind Prospect as a truly global business.”