PROMINENT north-east businessman George Yule has joined Aberdeenshire-based Romar International as executive chairman to lead its growth in the international oil and gas sector.
The former chief executive of Aberdeen-based Dominion Gas will join co-owners Robbie Gray and Martin McKenzie as a shareholder in Romar.
Mr Yule, named Grampian Industrialist of the Year in 2009, said: “This is a terrific opportunity for me to join an established SME with an impressive track record.
“The company has a firm focus on international growth, having already built a strong reputation as the market leader in the North Sea drilling fluids and magnetic separation sectors.”
Romar, with annual turnover of more than £2million, employs six people based at its headquarters near Newburgh.
The planned growth is expected to create further jobs locally and overseas.
The company is already on the lookout for larger premises in the Aberdeen area to cope with an increasing equipment inventory and ongoing demand for workshop facilities. Romar has international representation in Europe, Africa, Asia-Pacific, India and America.
Mr Yule said: “The oilfield drilling sector is where I’ve spent the bulk of my career and I’m impressed by the existing Romar technologies and its programme of future technology developments, and look forward to adding further value to Romar and delivering a broader global client base for the company alongside Robbie and Martin.”
Commercial director Mr Gray said: “George is a well known and highly regarded figure in the business community locally and also across the wider oilfield industry.
“It is vital to the continued growth of Romar to attract people of his calibre, experience and track record, who can help take the company to the next level of success on a global scale.”
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