Glasgow's Gaia-Wind tops Sunday Times fast-growth list

Forklift truck loading wind turbine Gaia-Wind has seen sales grow by nearly 170% a year since 2008

Related Stories

Wind turbine maker Gaia-Wind has been ranked as the fastest-growing private firm in Scotland by the Sunday Times.

The Glasgow-based business was one of six Scottish companies to feature in the paper's Fast Track 100, which ranks UK firms with the fastest-growing sales over the last three years.

Gaia's sales grew 168% a year from 2008 to reach £6.7m in 2011.

This year it installed 350 wind turbines for farmers, breweries, golf clubs and small businesses.

The energy firm ranked 8th in the top 100 list, 21 places ahead of the second fastest-growing Scottish firm, Aberdeenshire-based brewery BrewDog.

Brewdog, which was founded in 2007 by James Watt and Martin Dickie, saw sales grow by 96% a year from 2008 to stand at £5.9m in 2011.

The other four Scottish firms in the top 100 were Falkirk-based consumer electronics recycler Redeem (41st), Edinburgh wellington boot retailer Hunter Boot (47th), travel firm Barrhead Travel (54th) and Glasgow-based generator supplier and installer Dieselec Thistle (56th).

The Scottish firms listed have combined sales of £187m and employ 800 people, having added 330 jobs in the last three years.

Gaia chief executive Johnnie Andringa said: "In part, at Gaia-Wind we are benefitting from the effect of massive retail energy price rises.

"Rural householders, business and farms are finding that with an easily affordable small wind turbine they can play a 'three-card trick', to achieve 'energy independence' from spiraling energy costs."

The top 100 list is compiled by Oxford-based research company Fast Track.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Scotland business stories

RSS

Features

  • Nigel Farage (left) and Douglas CarswellWho's next?

    The Tory MPs being tipped to follow Carswell to UKIP


  • A painting of the White House on fire by Tom FreemanFinders keepers

    The odd objects looted by the British from Washington in 1814


  • President Barack Obama pauses during a press conference on 28 August.'No strategy'

    Obama's gaffe on Islamic State reveals political truth


  • Chris and Regina Catrambone with their daughter Maria LuisaSOS

    The millionaires who rescue people at sea


  • Plane7 days quiz

    What unusual offence got a Frenchman thrown off a plane?


BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.