- Business
- Agfa-Gevaert N.V. (AFGVF) develops, produces and distributes analog and digital imaging systems and IT solutions primarily for the healthcare sector, printing industry and specific industrial applications; its core offerings span three divisions including HealthCare IT with enterprise imaging platforms, XERO Universal Viewer and cloud-based solutions for radiology workflow management; Radiology Solutions encompassing direct radiography flat panels, computed radiography systems, X-ray artificial intelligence tools and medical films; and Digital Print & Chemicals featuring inks, large-format printers, synthetic paper, offset plates, prepress systems and hydrogen membranes under ZIRFON for green energy applications. Founded in 1964 through the merger of Agfa AG (established 1867) and Gevaert Photo-Producten N.V., the company maintains headquarters in Mortsel, Belgium, with major production and research facilities in Belgium, the United States, Canada, Germany, Austria, China and Brazil; it operates sales organizations in over 40 countries worldwide, targeting hospitals, diagnostic centers, printers and industrial clients. Recent developments include a major deal with Alliance Medical for cloud-based Enterprise Imaging at 120 UK and Ireland sites, a strategic partnership with DHS for print engines in monochrome and polychrome toner lines, resolution of the long-standing AgfaPhoto legal dispute via favorable arbitration, a new revolving credit facility with four financial institutions, launch of advanced inkjet centers and printers, a self-funding cost-reduction program targeting 50 million euro savings by 2027 in traditional film activities with initial benefits in late 2025, and sustained growth in Green Hydrogen Solutions featuring ZIRFON membranes for global projects.