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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
1 mins to read

SUBSCRIBER-ONLY POLL RESULT: The government has granted more than $11m to Rakon through Callaghan Innovation and other agencies. Should it tip in any more?

Nathan Smith
Mon, 26 May 2014

Auckland-based telecommunications manufacturer Rakon [NZX: RAK] should not receive any more taxpayer funds according to a recent NBR poll.

Rakon posted a revenue loss of $83.8 million in the year ended March 31.

NBR member subscribers think the $11 million granted by Callaghan Innovation

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Nathan Smith
Mon, 26 May 2014
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SUBSCRIBER-ONLY POLL RESULT: The government has granted more than $11m to Rakon through Callaghan Innovation and other agencies. Should it tip in any more?
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