Infrastructure
Explore the latest infrastructure news by BusinessDesk.
Infrastructure
Synlait to commission Pokeno plant despite legal problems
By Rebecca Howard Sept. 12 (BusinessDesk) - Synlait Milk will commission its new Pokeno plant before the end of the month despite an ongoing legal battle. “We are technically in breach of the covenant now, even as we build on the land,” chief executive Leon Clement told Bus...
Infrastructure sponsored by
Your local technology partner
Datacom is one of Australasia’s largest homegrown technology companies. We’ve been using technology to help New Zealand businesses and public sector organisations solve their biggest challenges for 60 years.
Infrastructure
Synlait profit rises 10%; Pokeno legal exposure 'not substantial'
By Rebecca Howard Sept. 12 (BusinessDesk) - Synlait Milk lifted annual net profit 10 percent and said it remains sanguine about legal issues facing its soon-to-be commissioned Pokeno plant. Profit rose to $82.2 million in the year ended July 31 from $74.6 million a year ear...
Infrastructure
Z Energy cuts forecast by $60m citing 'unprecedented' discounting
By Gavin Evans Sept. 12 (BusinessDesk) - Z Energy has cut its earnings guidance by $60 million, citing “unprecedented” discounting and weaker than expected margins at the Marsden Point refinery. The firm says its earnings before interest, tax, depreciation, amortisation and...
Infrastructure
China 'hopes' NZ will let Huawei into 5G, despite US 'bullying'
By Pattrick Smellie Sept. 12 (BusinessDesk) - China's ambassador to New Zealand, Wu Xi, says her government hopes New Zealand will let Chinese telecommunications company Huawei provide equipment for the country's 5G network despite "trade bullying" from the United States. I...
Prev
