Quoting Tony Wingo <akw@xxxxxxxx>:
> I don't personally use AGFA products -- other than occasionally
> fooling around with Rodinal -- but I have several friends who are
> dedicated users of AGFA films and/or papers, and they are concerned.
> What I have heard is that AGFA Photo can't make payroll, and has
> filed for some sort of protection. So the question I have is "What
> sort of protection?". Are they seeking respite from their creditors
Yes, they filed from protection from their creditors. Agfa-Geveart have
agreed to free up some cash to keep things going during a reorganisation
for at least the next 3 months. The head of NannO Beteiligungsholding (51%
of AgfaPhoto), Hartmut Emans, is now locked out of the offices and the DA
are investigating allegations of "missing" funds.
> with an eye towards reorganizing and reopening _ala_ Illford and
> Forte, or have they just thrown in the towel and plan to liquidate?
Yes. Some parts of the company will probably be spun-off to generate some
revenues. I suspect they are (despite the headline stories) still in a better
situation than Ilford to survive in the market..
--
--
Edward C. Zimmermann, Basis Systeme netzwerk, Munich
Office Leo (R&D):
Leopoldstrasse 53-55, D-80802 Munich,
Federal Republic of Germany
http://www.nonmonotonic.net
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