ZB ZB
Live now
Start time
Playing for
End time
Listen live
Listen to NAME OF STATION
Up next
Listen live on
ZB

Log transport business in voluntary administration

Author
Anna Cross,
Publish Date
Mon, 30 Mar 2015, 8:49PM
(Photo: Getty Images)
(Photo: Getty Images)

Log transport business in voluntary administration

Author
Anna Cross,
Publish Date
Mon, 30 Mar 2015, 8:49PM

A log transport business operating in Nelson and Marlborough has been put in voluntary administration.

John Fisk and Richard Longman from PricewaterhouseCoopers have been appointed administrators of Waimea Contract Carriers Limited.

It's the intention of the administrators to continue to trade as usual while they assess the options available to the business.

John Fisk says the the directors have made the difficult decision to put the company into voluntary administration due to cash flow pressure that has resulted from adverse trading conditions.

Take your Radio, Podcasts and Music with you