A 133-Year-Old Giant on the Brink: Greeks in Debt
B92 pre 5 dana
The former photographic giant Eastman Kodak, a company with a 133-year tradition, has warned investors that it may be forced to shut down.
In its earnings report released Monday, Kodak stated it lacks "secured financing or available liquidity" to pay off approximately $500 million in debt, CNN reports. "These conditions cast significant doubt on the company’s ability to continue as a going concern," the filing said. The company is attempting to raise cash by suspending contributions to its pension fund. It also noted that tariffs are not expected to have a "significant impact" on operations, as most
