Hydro Group has been named as a finalist for the Exporter of the Year award at the Made in Scotland awards ceremony.
The event, held by Scottish Business Insider, celebrates business innovation and success in Scotland across a range of industries – from food and drink to engineering and life sciences.
Douglas Whyte, Managing Director of Hydro Group Plc, said: “We are eagerly anticipating the awards, and are grateful to the judging team for awarding us a place on an impressively diverse and competitive shortlist across all categories.
“Hydro Group has devoted itself to expansion into new markets, nurturing a global network of 22 business partners globally while ensuring our reputation for quality and performance.
“We have long seen the importance of diversifying the business away from its oil and gas origins by embracing marine renewable energy and the defence industry. The result is that Hydro Group is truly a sustainable subsea connectivity business with a cosmopolitan customer base.”
The Exporter of the Year accolade recognises the company with the most impressive track record in global sales of Scottish-made goods and services.
During the period examined by the judging panel, Hydro Group’s international sales rose by 76% to £4.1m.
The company designs, manufactures and installs subsea connectivity solutions including umbilical cables, electrical and optical connection systems, penetrators and terminations. The Scottish engineering firm’s success in America and Asia has been driven by its regional subsidiaries, Hydro Group Systems Inc in Florida, USA and Hydro Group Asia Pte in Singapore.
Hydro Group previously won two awards at the inaugural Made in Scotland awards event in 2016.
The Aberdeen-headquartered company bagged not only the Manufacturer of the Year prize, but also the Made in Scotland award – which recognised the most outstanding entry in all the categories on the night.
This year’s award winners will be announced on Thursday 9 May at the Glasgow Science Centre.