SimiGon's annual revenues rise on new contracts
22nd Apr 2013 08:07
SimiGon posted a 97 per cent rise in annual profit as the company secured new contracts for its simulation training technology to the aerospace and defence sectors. The developer of SIMbox - a PC-based software platform for simulation training in aircraft, ground vehicles, ships and weapons - repor
Read moreSimiGon teams up with URS Federal Services for contract bid
21st Feb 2013 12:11
SimiGon, a group which delivers simulation training solutions, has signed an agreement with URS Federal Services, a provider of military training, engineering, construction and technical services, to create a complete simulation training solution as a prime contractor. The company said it anticipa
Read moreSimiGon eyes oil and gas industry
27th Sep 2012 15:31
Behind the scenes work building up partnerships is beginning to pay off at SimiGon, the simulation software training solutions provider. Gross profit in the first half of 2012 was $2.43m, as compared to $2.02m the year before, which, considering revenue was just under $3.5m, gives some idea of the
Read moreSmall caps round-up: SimiGon, Software Radio, Silvermere
22nd Aug 2012 11:24
Simulation training provider, SimiGon, has won a major contract with the armed forces of an unnamed South American country. The firm's "SIMbox" platform will be used by its local partner, a newly formed government-owned company, to develop training and simulation solutions for the military. SimiGon'
Read moreSmall caps round-up: HaiKe Chemical, Mobile Tornado, GETECH...
17th Jul 2012 10:53
HaiKe Chemical Group, a petrochemical, specialty chemical and biochemical business based in China, has purchased a minority stake in Dongying Hi-Tech Ruilin Chemical for a total consideration of RMB121m (c.12m pounds), taking HaiKe's interest in Hi-Tech Ruilin from 65.7 per centto 88.85 per cent. Hi
Read moreSmall caps round-up: Cobra, SimiGon, Kedco, Crawshaw
1st May 2012 14:00
Cobra, a UK-based retail and wholesale insurance broking group, has said it is continuing to co-operate with two potential buyers, namely Towergate Partnership and Alto Intermediary, which are both currently conducting pre-offer due diligence investigations into the firm. In order for these investig
Read moreSmall caps round-up: TEG, Deltex, Ultrasis...
4th Apr 2012 09:12
Loss-making green technology company TEG Group has entered into a further contract with recycling firm Viridor to process additional volumes of green and food waste in TEG's network of facilities. The contract will run until April 2014. The revenue over the term of the contract will depend upon the
Read moreLondon close: Higher finish after choppy day
12th Oct 2011 16:36
London's leading share index closed in the blue as worries over the Slovak parliament's rejection of the European Financial Stability Fund (EFSF) gave way to optimism that it will be passed. SLOVAK SEE-SAW Late Tuesday night, just 55 of the 150 MPs in Slovakia's parliament voted in favour of expan
Read moreLondon midday: Stocks rally as Slovak shock fades
12th Oct 2011 12:05
London's leading share index has staged an impressive rally with worries following the Slovakian parliament's rejection of the euro bailout fund giving way to hopes that the small central European state will soon ratify the deal. SLOVAK HEADACHE, GERMAN REASSURANCE Late Tuesday night, just 55 of t
Read moreSimiGon moves into new markets with $5.6m contract win
12th Oct 2011 11:23
Simulation software provider SimiGon said it had won a multi-million dollar, five year deal to provide its technology to the mining and energy sector. The contract with training firm Check-6 will see its SIMbox virtual reality simulator used to train oil rig crews worldwide. SimiGon will be paid U
Read moreSimiGon wings its way into profit
14th Sep 2011 09:09
Military aircraft trainer SimiGon saw revenues more than double to $2.43m in the first half of 2011, bringing it back into profit, if only just. The firm posted net profits of $0.01m in the six months to the end of June, compared with a loss of $1.68m the previous year. It said that the first half
Read moreBHP boss digs deep for shares
1st Dec 2010 15:31
BHP Billiton chairman Jacques Nasser has spent more than £900,000 on shares in the mining giant. The Lebanese-Australian took 20,000 American Depositary Receipts (ADRs) in the company, which amounts to 40,000 shares, and now has 45,600 ADRs. He paid $70.34 (4,523p) for each ADR. Nasser is best kno
Read moreSmall caps round-up: Augean, Juridica, Origo...
28th Sep 2010 14:37
Waste group Augean slipped into a loss of £0.5m in the half year to June, as net revenue fell by 8% to £13.8m. "Trading in the months since the period end has indicated an improving trend as the early signs of a recovery in our markets have continued," it added. Legal case investor Juridica's net
Read moreSimiGon: Manea Replaces Yatim As Finance Director
30th Jul 2010 07:47
LONDON (Dow Jones)--SimiGon Limited 9SIM.LN) Friday announces that Haim Yatim, Chief Financial Officer, will be leaving the Company by the end of October to pursue other interests and has resigned from the Company's Board with immediate effect. MAIN FACTS: -Efraim Manea will take over Yatim'
Read moreSmall caps: Tasty revenue growth at Dim T owner
29th Apr 2010 12:04
Tasty, which owns the Dim T and Wildwood restaurant chains, saw losses widen in the year to 27 December due to various one-off costs but revenues increased and the company said 2010 has started well. Pre-tax losses for the period totalled £2.1m, compared with £1.59m the previous year, even as reven
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