Digital Energy Journal- Nessco Group doubles telecoms turnover to £33m

Join | Existing Member Login

You are Home » News » View Article

Nessco Group doubles telecoms turnover to £33m

Wednesday, April 25, 2012

Telecoms networks company Nessco Group of Aberdeenshire reports that it has almost doubled its turnover from £16.8m to £33.1m, for the year ending April 2012.

During the year, the company secured £7 million of new contracts in Iraq, for project management, engineering, procurement, build, training and testing of telecoms systems.

The first project in Iraq will support a new offshore manifold and metering platform in Al-Basrah. Nessco is providing a full range of telecoms systems to keep the platform fully connected from satellite and meteorological systems to CCTV, telephone and radio technology.

The second project is for a large development in the Majnoon field in southern Iraq with the first stage including voice and data systems, internet, security and meteorological technology.

The systems are being built by a team of engineers at Nessco Group's headquarters in Westhill, Aberdeenshire.

The company also saw a lot of growth on the UK continental shelf.

The company has a staff of 140 people and expects to employ a further 20 this year.

'We have experienced tremendous growth this year and our strategy for developing the business in target international regions has paid off with a significant rise in export contracts," says Ian McPherson, managing director of Nessco Group.

Associated Companies
» Nessco Group Holdings Ltd

CREATE A FREE MEMBERSHIP

To attend our free events, receive our newsletter, and receive the free colour Digital Energy Journal.