Type
Bankruptcy
Country
United Kingdom
Region
Wales; West Wales and The Valleys; South West Wales
Location of affected unit(s)
Neath
Sector
Mining / Quarrying
Mining And Quarrying
Mining Of Coal And Lignite
05.1 - Mining of hard coal

181 jobs
Number of planned job losses
Job loss
Announcement Date
31 October 2013
Employment effect (start)
Foreseen end date

Description

Coal mine operator Unity Mine has reported to make 181 staff redundant in its mine near Neath, Wales. The announcement was made after the mine had entered into administration three weeks ago.

About 30 staff will be kept to maintain the mine, while administrators stated that they had received a significant number of inquiries from potential investors. 


Sources

  • 31 October 2013: BBC News

Citation

Eurofound (2013), Unity Mine, Bankruptcy in United Kingdom, factsheet number 76118, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76118.