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Kodak has reiterated its statement that its subsidiaries outside the USA are not affected by the company's filing for voluntary chapter 11 business reorganisation.

"Our European business is not affected by the decision that has been taken by our US parent company to file for voluntary chapter 11 business reorganisation for US businesses," says Philip Cullimore, managing director for Europe, Kodak. "In Europe we have seen a significant shift towards business-to-business imaging applications, and are weighted towards printing. These businesses in Europe are performing well and growing fast."