Balmoral Group boss sets sights on next decade of energy transition despite ‘challenging’ year
Balmoral Group boss sets sights on next decade of energy transition despite ‘challenging’ year
A “conscious move” into renewable energy is paying off for Balmoral Group, established more than 40 years ago to support the North Sea oil and gas industry.
The Aberdeen firm was founded by Jim Milne, 82, in 1980 when it got its start selling goods and services to the likes of BP and Shell.
On the release of its 40th year annual report, the Balmoral Group chairman and chief executive said the firm’s success in renewable energy markets is being driven by investment in technology innovation across its manufacturing divisions, including composite materials and tanks for liquid storage.
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