The citrus exporter company Frumoly, owned by the Molina Zambudio family, has not been able to overcome the competition of creditors and has gone into liquidation.
This company located in Cabezo de Torres presented in 2009 a turnover of 1.9 million Euros and had a staff of 30 employees. In 2010, its turnover increased to 2.4 million.
The head of the Commercial Court number 1 of Murcia has agreed to suspend the powers of administration and has appointed the liquidators of the company.
Source: Murciaeconomia.com