HUNDREDS of jobs at Chirk-based manufacturer Kronospan have been safeguarded with help from the Welsh Government’s Economic Resilience Fund (ERF).

The company, which supplies wood-based panel products, is a key employer in north east Wales with more than 620 workers.

Kronospan experienced a dramatic reduction in sales as a result of the pandemic and the subsequent interruptions to cash flow.

It received £622,000 from the Welsh Government’s ERF, which has helped the business continue to operate through the pandemic and protect the workforce.

The ERF, which is part of the Welsh Government’s £1.7bn support package for businesses, is providing thousands of companies across Wales with financial support.

Ben Spruce, chief financial officer of Kronospan, said: “The assistance provided by Welsh Government has helped us protect jobs and support our local suppliers.

“It has been a difficult period for everyone and we are extremely grateful to our entire team, both those who have worked throughout and those who were furloughed and have now returned.

Welsh Government Deputy Minister for Economy, Lee Waters said: “Kronospan is an important employer in North East Wales.

“I’m pleased we have been able to provide financial assistance at a time when the company needed it most, helping protect hundreds of jobs.”