A plan to shore up the future sustainability of one of Australia’s largest printers, but at the same time cost 300 jobs, has been approved in the NSW Supreme Court with creditors and members next to give it the nod
19 November, 2020As the details of Ovato’s survival plan sink in across the printing industry, the Australian Manufacturing Workers Union has expressed shock that taxpayers will foot the redundancy bill for 300 staff
17 November, 2020Announces plans for a $40m rights issue and restructure which will see the Melbourne plant at Clayton shut and 300 jobs lost as it fights to save 900 jobs and ensure that it returns to a viable and profitable future
12 November, 2020The company has a number of diversification plans and opportunities in the pipeline to further optimise its print media, following its rebrand from Bauer Media to Are Media
5 October, 2020One of Australia’s largest heatset printing, integrated marketing and distribution businesses is needing to restructure to better align declining revenues with its fixed cost base as the COVID-19 pandemic wears on
30 August, 2020Ovato CEO Kevin Slaven says the company is working hard to minimise job losses, but the impact of COVID-19 is massive and changes are needed to ensure viability
4 August, 2020Closes eight brands as a result of the impact of COVID-19 after temporarily pausing their publication in May
23 July, 2020Industry pioneer pens a LinkedIn article calling for federal government assistance and recognition for the print industry as JobKeeper cliff approaches
30 June, 2020The new tool provides print with high-level customer analytics that have long been the preserve of digital channels
9 June, 2020One of Australia’s largest printers says it has no explanation for what led a share price rise and volume surge that prompted a brief trading halt last Friday
4 May, 2020End of content
No more pages to load
