U of S | Mailing List Archive | alt-photo-process-l | Re: End of the Forte

Re: End of the Forte



Speaks to the state of the art on income from photography, to me.

Talked with John Sexton abut the loss of Kodak, and why he didn't buy stock. He was very busy sucking up the free wine at the party and looking meek under the brown of his humbly bowed head.

Steve Shapiro
----- Original Message ----- From: "fb" <archaik@freestart.hu>
To: <alt-photo-process-l@usask.ca>
Sent: Tuesday, January 16, 2007 3:56 AM
Subject: End of the Forte


Forte made more than 150 million Forint deficit in
2006. The new owners (from the 2005 liquidation)
gave up.

(Forint is the Hungarian money,1$ ~= 195 Forint)

The work will stop about the end of February, all
150 workers become unemployed...

Forte was founded in1922 as a subsidiary
photopaper factory of the English Kodak in Vác,
Hungary. (http://www.forte-
photo.net/e/history.htm)

They had some hopes after closing other producers
(Agfa, etc.) about the better selling possibilities, but
the market was fulfilled with the reminders of the
products of the closed factorys. Forte cannot to wait
to the end of the overfilling period because it need
about 300 million Forint new capital for this, but
there is no new investor.

Bálint Flesch
Hungary, Budapest