By DARA BUTTERFIELD
The managing director of subsea specialist ROVOP – which is based in Aberdeenshire – has been named as the UK’s EY Entrepreneur of the Year 2014 in the international growth category.
ROVOP is an independent operator of remotely operated vehicles (ROVs) that provides services to the oil, gas and offshore renewables industries.
Judges singled out Steven Gray from a shortlist of the nation’s most successful and innovative business leaders, for his ‘outstanding achievement’ in building an organisation that has experienced ‘exceptional’ global growth since he established the company just three years ago.
ROVOP has recently increased its turnover to £25 million – with further ‘significant expansion’ expected on the back of new contract wins – and now employs more than 130 people.
The company has also invested £35 million into its expanding fleet of ROVS and also established its own ROV Academy which has been developed to ensure a supply of the most competent offshore personnel – predominantly pilot-technicians.
Gray reached the UK final after being selected as one of the EY regional winners for Scotland in June. He said: “We set out to provide the most capable and modern fleet, combined with the best personnel and highest quality of service – and have found it to be an ethos the energy industry has responded to.
“We have established a strong reputation with some of the world’s leading energy companies. More than 80% of our work is now in international markets and we have completed projects in 14 countries.
“To win an award of this prestige in competition with some of the most successful and innovative businesses in the UK is hugely satisfying. We have assembled a truly remarkable group of the most capable people in our industry and ROVOP has been successful because of their tremendous commitment.’
Jim Bishop, EY Scotland senior partner, said: “This is the second year in a row that Scots have won more individual Entrepreneur Of The Year categories than any other region of the UK – highlighting the depth of Scottish entrepreneurial talent and the strength of our programme north of the Border.
“In a year when Scotland-based events have dominated headlines, it’s satisfying to see Scots recognised at UK level for their entrepreneurial qualities – and not just their politics or ability to host world-class events.”