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Dwr Cymru safeguards 400 jobs after Daniel Contractors collapse Dwr Cymru saves 400 jobs after Daniel Contractors collapse
(34 minutes later)
About 400 jobs have been safeguarded in north Wales following the collapse of a Cheshire-based civil engineering firm. 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 at Old Colwyn. 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 contract. 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."