Business
In 2011 the Centre for Cities named Aberdeen as the best placed city for growth in Britain, as the country looked to emerge from the recent economic downturn.
There is now a concerted effort to transform Aberdeen's reputation as the Oil Capital of Europe into the Energy Capital of Europe as oil supplies may start to dwindle in coming years, and there is considerable interest in the development of new energy sources; and technology transfer from oil into renewable energy and other industries is under way. The "Energetica" initiative led by Scottish Enterprise has been designed to accelerate this process.
The city ranks third in Scotland for shopping. The traditional shopping streets are Union Street and George Street, now complemented by shopping centres, notably the Bon Accord & St Nicholas and the Trinity Shopping Centre. A new retail £190 million development, Union Square, reached completion in late September/early October 2009. Major retail parks away from the city centre include the Berryden Retail Park, the Kittybrewster Retail Park and the Beach Boulevard Retail Park.
In March 2004, Aberdeen was awarded Fairtrade City status by the Fairtrade Foundation. Along with Dundee, it shares the distinction of being the first city in Scotland to receive this accolade.
Read more about this topic: Kingsford Primary School
Famous quotes containing the word business:
“all the arts lose virtue
Against the essential reality
Of creatures going about their business among the equally
Earnest elements of nature.”
—Robinson Jeffers (18871962)
“My business is words. Words are like labels,
or coins, or better, like swarming bees.”
—Anne Sexton (19281974)
“My business was great, and in such a case as mine a man may strain courtesy.”
—William Shakespeare (15641616)