EFC Group announced as finalists of North-East business awards
March 20, 2015
EFC Group, a leading designer and manufacturer of instrumentation, monitoring, handling and control systems for the global oil and gas industry, has been announced as a finalist in the Elevator Awards 2015, previously known as The Grampian Awards for Business Excellence.
The company has been shortlisted in the 'Business Success over 3 years' category, with winners due to be announced at a gala dinner taking place on Thursday, 25 June.
This welcome news adds to what has been a strong start to 2015, with the group announcing in February that it is one year ahead of schedule for reaching its 2016 turnover target of £30million.
CEO of EFC Group, Bob Will, said: "We are thrilled to be shortlisted as finalists in the Elevator Awards. Having been in operation for over 27 years, we have established ourselves as one of the world's market-leading capital equipment providers for MPD (Managed Pressure Drilling) control systems. Testament to this, our 12 month sales orders for 2014 totalled £40million, a year-on-year growth of 130%.
"We have forged long-term relationships with our customers around the globe, and have employed a successful and sustainable growth strategy, with £1million invested in our Highlands expansion plan alone. The team is extremely proud to have their hard work and this success recognised.
"On behalf of EFC Group, I would like to wish all of the finalists the best of luck at the awards."
The next stage of the awards process will see representatives from EFC Group present to a panel of judges, including sponsors RBS – Ahead for Business, who will decide the overall winners.
Organiser of the awards, Elevator (previously known as Enterprise North East Trust) is a social enterprise dedicated to supporting the entrepreneurs, business leaders and employees of today and tomorrow by providing expert business advice, teaching entrepreneurship and enterprising behaviour. The Elevator Awards acknowledge entrepreneurial companies and individuals that are capable of leading the future prosperity of Grampian.