Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Navman Reaches $100million

Navman Reaches $100million

Navman NZ has passed its goal of achieving $100 million in annual revenue.

Navman is the first company in the HiGrowth Project to reach $100m, a target set by the Power Up programme of 100 companies each reaching $100 million in annual revenue.

Navman President Peter Maire received the award from the Prime Minister Helen Clark at the Hi Tech Awards held in Auckland on Saturday.

Maire said achieving such a publicly-stated objective was significant for the 15-year-old company, and reflected Navman’s emphasis of research and development, innovation and the strength of its international partnerships

Navman is a multi-million-dollar business headquartered in Auckland, employing around 450 people worldwide and earning international respect for its market-leading GPS technology in marine, land and personal navigation products.

Navman has received a number of awards, including Trade New Zealand’s Exporter of the Year and the HiTech Deal of the Year and Supreme Award for Excellence during 2002.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Real Estate: Foreign Buyers Ban Passes Third Reading

The Bill to put in place the Government’s policy of banning overseas buyers of existing homes has passed its third and final reading in the House. More>>


Nine Merger: Fairfax Slashes Value Of NZ Business

Fairfax Media Group more than halved the value of its Kiwi assets, attaching just A$40 million to mastheads that were once the core of a billion dollar investment. More>>

Collecting Scalpers: Commerce Commission To Sue Viagogo

The Commission will claim that Viagogo made false or misleading representations: • that it was an “official” seller, when it was not • that tickets were limited or about to sell out • that consumers were “guaranteed” to receive valid tickets for their event • about the price of tickets... More>>


Price Of Cheese: Fonterra CEO Goes Early After Milk Price Trimmed

Aug. 15 (BusinessDesk) - Fonterra Cooperative Group chief executive Theo Spierings is leaving the role early after the world's biggest dairy exporter lowered its farmgate payout and trimmed its dividend to retain cash. More>>