Mike Loggie, Chief Executive of Saltire Energy, has been named Entrepreneurial Scotland Entrepreneur of the Year 2015.
The awards recognise individuals who have led their business to strong growth in revenue and profits through innovation, teamwork and leadership skills. The awards also highlight the vital role entrepreneurs play, whether leading new or well-established businesses.
Loggie established Saltire Energy, a leading supplier of drilling tools to the offshore oil and gas industry, in 1986. He has since grown the company into a group of three highly successful subsidiaries and grown its presence in Australia, Africa, Europe, the Middle East and the Far East as a result of client demand. Over the past three years, the company’s turnover figures have increased by 68%.
He said: “The downturn in the oil and gas sector has presented the industry with a number of challenges, but we have remained resilient and adapted to the changing market, allowing us to continue expanding during these times.”