Celebrating in style – ESR Technology shows a marked performance improvement under Hyder ownership

To mark the first anniversary of ESR Technology being part of the Hyder Consulting group, the company held a staff party on 21 June 2012. There was much to celebrate, as the accounts for the year to 31 March 2012 were signed that day and reported a profitable year of trading and a marked improvement on previous performance.
ESR Technology Managing Director, Dr Simon Randall, commented: “I am extremely pleased for everyone concerned that the 2011-12 accounts show the improvement that they do. It is testimony of all the hard work that ESR Technology staff and their colleagues in Hyder have put in to achieve this success; it is now on a sound footing for profitable growth”.
ESR Technology’s work in the Space sector took a notable step forward with the successful completion of a long-running and highly innovative bearing preload system for use in satellite technology. In addition, the Space business unit celebrated the 40th anniversary of the European Space Tribology Laboratory (ESTL) centre of excellence which it operates. A sister centre of excellence called ‘Pump Centre’ also celebrated its 20th anniversary. Both occasions were marked with successful high profile events that drew in large numbers of clients and stakeholders – see separate news stories on these pages.
The future growth of ESR Technology is being underpinned by a concerted recruitment campaign in all parts of the business, with twelve new starters joining the business over the last nine months. We welcome a direct approach from experienced professionals in oil and gas safety engineering, forensic engineering and the Space sector.