South West Wales

Cyrus-RW Group enters administration with 35 job losses

Cyrus-RW Group, Briton Ferry Image copyright Google

A mechanical engineering firm has gone into administration, with 35 people made redundant.

Cyrus-RW Group, which was set up in Cardiff in 1994 but now operates from a site in Briton Ferry, blamed "challenging trading conditions".

There are 25 employees remaining on its books, with administrators looking for a buyer.

The company once had sites in Durham, Glasgow and Aberdeen and in 2014 employed more than 120 people.

Administrator Matt Haw said: "We are seeking a buyer for the business but sadly, the cash position of the company has meant that administration became unavoidable."