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NZR
abbreviation
(the former) New Zealand Railways
Example Sentences
Ineos, which is chaired by Sir Jim Ratcliffe, agreed in 2021 to become performance partner of NZR from 2022 to 2027.
However, NZR said in February that Ineos had "failed to pay the first instalment of the 2025 sponsorship fee, confirming its decision to exit our six-year agreement".
In 2021 Manchester United co-owner Ineos, which is chaired by Sir Jim Ratcliffe, agreed to become performance partner of NZR from 2022-27.
In a statement on Tuesday, NZR said Ineos had "failed to pay the first instalment of the 2025 sponsorship fee, confirming its decision to exit our six-year agreement".
"NZR is actively pursuing new commercial opportunities and global interest in the All Blacks and other teams in black remains high."
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