Services firm falls victim to recession

Services firm falls victim to recession

Auckland-based IT services company Synertech New Zealand has gone into liquidation, citing tough economic conditions.

Director Willem Sevenster said the reason the company was no longer operating was “recession-based” and was because of “financial difficulty”.

The company was established in July 2007, and according to its website, the company provided systems development and support and had particular expertise in large volume document composition, distribution and archiving solutions. It developed the Frontline Document Solution, which was offered hosted or on-premise, and it focused on Microsoft technologies.

PricewaterhouseCoopers commenced liquidation last month. According to official notices, Inland Revenue applied to put the firm into liquidation.

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