Diversification into oil and gas sector generates Xtreme growth

 

Xtreme Business Solutions IT photoDiversifying into the oil and gas sector has seen Xtreme Business Solutions Ltd more than double its turnover and increase staff levels by 50% over the last three years.

The Aberdeen-based network infrastructure specialist has expanded its traditional customer base from the construction sector into oil and gas. This move has seen the company’s turnover increase from £1.7 million in 2011 to £3.8 million in 2014.

In addition, Xtreme Business Solutions, which also has offices in Dalgety Bay, has taken on an additional 16 members of staff and now employs 48 people.

Graeme Duncan, Managing Director, Xtreme Business Solutions, said: “It’s hard to believe where we were just over three years ago. With help from Scottish Enterprise to diversify our business into the oil and gas sector. We’ve successfully reassessed our business model and grown our business as a result.

“We are entering an exciting phase in our development and moving forward, we aim to capitalise on a number of significant international opportunities. We are working closely with Scottish Enterprise’s international arm, Scottish Development International, and its GlobalScot network to support our ambitious plans in this area.”

Meanwhile, Scottish Enterprise has awarded a  near-£50,000 contract to Tuv Sud Nel to identify and map all oil and gas research and development assets across the private sector in Scotland.

 

 

 

 

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