Global Stories

Dick Smith 'transformation' continues with restructure

Dick Smith takes the axe to 80 roles in a bid to slash costs for a 'sustainable future'. Restructuring set for June completion.

By Heather Wright • 2 min read • Fri, 20th Mar 2015

Sealord

Fletcher appoints Spaniard Irazusta to lead light building products unit

Fletcher Building, the country's biggest listed company, has appointed a former senior executive at CRH, a Dublin-based building materials group,,t.

By Pattrick Smellie • 2 min read • Fri, 5th Dec 2014

Restructure

Rakon narrows first-half loss, affirms annual earnings guidance

Rakon, which makes crystal oscillators used in navigation devices, narrowed its first-half loss and affirmed its guidance for annual underlying ear.

By Pattrick Smellie • 3 min read • Thu, 13th Nov 2014

Unified Communications

Vodafone NZ's general counsel Kreider keep $541k salary

Vodafone New Zealand's general counsel David Kreider retains his NZD $541,000 salary after a ruling found his role unchanged despite a corporate restructure.

By Pattrick Smellie • 2 min read • Fri, 17th May 2013

Supply Chain

Allied Telesis makes in-house MD promotion

Fresh from a New Zealand operations restructure, the networking and wireless vendor promotes Scott Penno to APAC marketing director.

By Staff Writer • 1 min read • Tue, 7th May 2013

Infrastructure-as-a-Service

Gen-i offers 2,000 severance packages to buy Revera

Gen-i offers severance packages to over 2,000 staff to fund its acquisition of Revera, hoping to re-enter the government IT services market.

By Staff Writer • 2 min read • Wed, 24th Apr 2013

Dimension Data

Official: Datacraft acquires 100% of Integral-Axon

Datacraft acquires Integral-Axon, promising no job losses and a turnover doubling. Rebranding to Dimension Data planned in 2011.

By Staff Writer • 2 min read • Wed, 6th Oct 2010

Stories from Other Regions

Sales

ASX-listed Inventis sells unprofitable kiwi furniture unit to Hamilton-based firm

Inventis, the unprofitable furniture and technology company, has sold its New Zealand unit to a Hamilton-based building firm for an undisclosed sum.

By Pattrick Smellie • 2 min read • Tue, 17th Feb 2015

NZF in due diligence for reverse listing

NZF Group, the listed financial services shell company blocked from liquidating by its major noteholder this year, is in due diligence for a possib.

By Pattrick Smellie • 2 min read • Fri, 7th Nov 2014

Nuplex sees 8.2 % earnings growth in 2015FY as it restructures ANZ

Nuplex Industries eyes 8.2% earnings boost in 2015 as it hones focus on global resins, offloading ANZ businesses.

By Pattrick Smellie • 3 min read • Wed, 5th Nov 2014

Government

Telecom reviews govt's discussion document

Telecom is reviewing the government's document on structural separation, following Comms Minister Steven Joyce's call for industry feedback on potential issues.

By Staff Writer • 1 min read • Wed, 15th Sep 2010