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Dwr Cymru saves 400 jobs after Daniel Contractors collapse | |
(34 minutes later) | |
About 400 jobs in Wales have been safeguarded following the collapse of a Cheshire-based civil engineering firm. | |
Daniel Contractors, which went into administration on Wednesday, provides workers for Dwr Cymru to provide a maintenance service. | |
Dwr Cymru has told the workers it has appointed an emergency contractor take over the work. | |
The move is part of a pre-arranged plan following the uncertainty over Daniel Contractors' future. | The move is part of a pre-arranged plan following the uncertainty over Daniel Contractors' future. |
Business advisers Deloitte confirmed on Wednesday they had been appointed administrators to the company and to subsidiary Land Marine Project Engineering Limited. | Business advisers Deloitte confirmed on Wednesday they had been appointed administrators to the company and to subsidiary Land Marine Project Engineering Limited. |
The administrators said they aimed to transfer the company's main contracts to safeguard nearly 1,000 jobs in total. | The administrators said they aimed to transfer the company's main contracts to safeguard nearly 1,000 jobs in total. |
North Wales Conservative AM Antoinette Sandbach welcomed news of the intervention by Dwr Cymru, which she understood was in the process of buying the Daniel depot in Old Colwyn. | |
She said: "I met Dwr Cymru senior staff on Wednesday to discuss the situation, which affects around 400 people in Wales, including more than 150 in north Wales. | |
"The news the company has moved to swiftly safeguard the future of these jobs, and the Old Colwyn site, is excellent. | |
"These are good, skilled jobs, which are important to the economy of north Wales." |