Rangatira to up Magritek stake; seeks Hellers replacements
By Gavin Evans May 16 (BusinessDesk) - Rangatira Investments plans to increase its holding in research technology business Magritek as it deploys funds from the sale of its interest in smallgoods maker Hellers. The Wellington-based investment company expects to buy Massey U...
OMV says gas disclosure expectations may be unrealistic
By Gavin Evans May 15 (BusinessDesk) - OMV says it supports greater disclosure of outages in the gas sector but is concerned some players may have unrealistic expectations of new rules intended to make that happen. New Zealand’s biggest gas producer says it is alive to the...
Waitomo foresees steady expansion beyond 2019
By Gavin Evans May 15 (BusinessDesk) - Discount fuel retailer Waitomo Group expects to open five to six new outlets annually as it builds out its national network. The Hamilton-based company yesterday opened its southern-most fuel stop in Upper Hutt. It will open an outlet...
March-year migration rises, according to provisional data
By Gavin Evans May 14 (BusinessDesk) - Provisional migration data suggests the country gained a net 4,500 permanent and long-term residents in March, down from a revised 8,565 in February but up from 3,396 in March last year. That takes the provisional net gain for the 12 m...
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