Film Maker AgfaPhoto Files for Bankruptcy
Hit by the shift to digital photography, AgfaPhoto
GmbH, a maker of film and disposable cameras, filed for bankruptcy on
Friday.
A court in the company's home
town of Leverkusen, outside Cologne, opened bankruptcy proceedings that will
determine whether the company survives. AgfaPhoto has 2,400 employees worldwide,
1,800 of them in Germany.
Posted: Fri - May 27, 2005 at 05:29 PM