Although the food sector weathered the crisis with relative ease, the cannery Alfageme-via its creditors- is one of the companies that ends 2011 with bankruptcy pit.
The Spanish company’s final stage is tragic. The creditors have sued the owners, real-estate Promalar, for possible irregular funding of 11 million Euros. The auditors’ report concludes that the assets total 90 million Euros and liabilities reach over 65 million Euros, so the best option would be to liquidate the company.
