Restructure stories
Rakon returns to profit with a USD $3.2 million net gain after closing its UK plant and shifting production to India and NZ, despite doubling its debt.
Dick Smith takes the axe to 80 roles in a bid to slash costs for a 'sustainable future'. Restructuring set for June completion.
Fletcher Building, the country's biggest listed company, has appointed a former senior executive at CRH, a Dublin-based building materials group,,t.
Rakon, which makes crystal oscillators used in navigation devices, narrowed its first-half loss and affirmed its guidance for annual underlying ear.
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.
Fresh from a New Zealand operations restructure, the networking and wireless vendor promotes Scott Penno to APAC marketing director.
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.
Datacraft acquires Integral-Axon, promising no job losses and a turnover doubling. Rebranding to Dimension Data planned in 2011.
Inventis, the unprofitable furniture and technology company, has sold its New Zealand unit to a Hamilton-based building firm for an undisclosed sum.
NZF Group, the listed financial services shell company blocked from liquidating by its major noteholder this year, is in due diligence for a possib.
Nuplex Industries eyes 8.2% earnings boost in 2015 as it hones focus on global resins, offloading ANZ businesses.
Telecom is reviewing the government's document on structural separation, following Comms Minister Steven Joyce's call for industry feedback on potential issues.
HP undergoes major restructuring in Australia and New Zealand, appointing Hamish Alexander as Country Manager for NZ's Imaging and Printing Group.
More than 30 jobs are set to change significantly at Gen-i as the integrator moves to restructure two of its departments before Christmas.
