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ERG Group

No substitute for effective management

What lessons can we learn from wine sector that we can apply to industry development in this state? The wine sector has intrigued me as a business journalist for the past two decades.

Shareholders approve ERG changes

Shareholders have approved a restructure for embattled ticketing company ERG which will change its name to Videlli.

ERG shares up over 200% on cash position

Balcatta-based ticketing company ERG says its strong cash position could have been the catalyst for its skyrocketing share price, which jumped as much as 230 per cent today.

ERG to be acquired by Ingot for $125m

Investor Duncan Saville's Ingot Entities has agreed to buy embattled ticketing company ERG Ltd which today posted a net loss of $103 million for the 2008 financial year.

ERG says it can continue trading

Struggling ticketing company ERG Ltd announced today that its shares will resume trading on the Australian Securities Exchange next Monday after it settled a long-running dispute in Europe and the directors declared the company remained solvent.

ERG to sell half of business after big loss

Balcatta-based ticketing company ERG Ltd plans to sell half of its business to its major shareholder and lender after reporting a $104.7 million loss for the half year to December 2007.

ERG's Sydney contract to be terminated

Trouble plagued automated ticketing company ERG Limited has been advised that its agreement with Sydney's public transport authority will be terminated next month after it failed to meet particular milestones in the project schedule.

Manufacturers rank highly

While Western Australia’s mining industry is well-represented on the list of the state’s top exporters, a number of manufacturing and technology companies are also creating significant export revenue.

ERG CEO Sullivan retires

The chief executive of Balcatta-based transport systems technology developer ERG Group Ltd, Allan Sullivan, will retire today, the company said in an announcement.

ERG Ltd - 2/01/2007

Ingot Entities decreased its relevant interest from 297,298,635 ordinary shares (34.78%) to 257,056,459 ordinary shares (30.04%).

ERG Group claims forecast $10m loss is a turning point

Transport systems technology developer ERG Group chairman Colin Henson told shareholders today the company had "reached a turning point" following its net loss of $74.8 million last financial year.

ERG loss jumps to $74.8m

Balcatta-based transport systems technology developer ERG Group has announced a net loss of $74.8 million, blaiming new accounting treaments for a 10-fold blow-out on last year.

ERG counters claim

BALCATTA-BASED technology company, ERG Group, has hit back at claims its multi-million dollar project to improve Sydney’s public transport ticketing system was in financial trouble.

Squeeze eased in Octopus, ERG dispute

Balcatta based technology company ERG Group has reached an agreement with Hong Kong based Octopus Cards Ltd to resolve an ownership disagreement between the two companies.

ERG on the front foot over Sydney transport contract

Balcatta-based technology company ERG Group has hit back at claims its multi-million dollar project to improve Sydney's public transport ticketing system was in financial trouble.

Utah and New Zealand contracts awarded to ERG

Balcatta-based transport systems group ERG Ltd has announced two new contracts in Utah, United States and Wellington, New Zealand.

ERG Ltd

2-Feb-06Lodged response to ASX query

ERG wins $20m in contracts for China, France and the US

Balcatta-based transport systems group ERG Ltd has announced three new contracts totalling $20 million in three continents, the biggest being an automated fare collection project in Beijing.

ERG announces $30.5m rights issue

WA automated payment system and smart card developer ERG Ltd announced plans for a two for five renouncable rights issue at 12.5 cents to raise $30.5 million.

ERG call for big vision

Australian companies undertaking “big” export projects needed government assistance to guarantee not only the projects’ success but also to foster the perception of Australia as an innovative nation.

ERG Ltd - 02-Nov-04

Lodged response to ASX query.

ERG Ltd - 13-Oct-04

Lodged response to ASX query

ERG Ltd - 23/8/04

The Ingot Entities  increased its relevant interest from 64,908,882 ordinary shares (24.37%) to 163,951,028 ordinary shares (27.19%).

ERG makes $67 million move

ERG Group has announced the details of a fully underwritten five-for-four renounceable rights issue at a price of 20 cents a share to raise $67 million.The news had taken market experts by surprise, g

ERG deals with Amex

BALCATTA-BASED smart ticketing company ERG Group has announced an agreement with American Express Travel Related Services Company Inc (Amex) to purchase at a discount all amounts owing in respect of E

ERG’s smart card win

ERG Group has won the ‘Sesames for Best Transportation Application of smart cards’ for its Enhanced Integrated Fare System – implemented in Singapore in 2002.

ERG Group wins transport contract in Portugal

ERG Group has won a $A4.2 million contract to supply an automated fare collection system for the public transport network of Lisbon, Portugal.

ERG Group - 13-Nov-03

ERG Group - 13-Nov-03

ERG Group - 30/9/2003

ERG Group - 30/9/2003

European-US deals working for ERG

THE announcements are flying from ERG. The company has started work on the SmarTrip Regional Customer Service Centre. That centre is part of the Northrop Grumman Corporation.

It’s crunch time for ERG

Automated ticketing company ERG will shortly hold meetings of note holders and shareholders to seek approval for a major restructuring. Mark Beyer takes a closer look.

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