• Gustaf Öhrn to take over as Group CEO
• Intensified focus on products and business development
• Board reiterates previously announced forecast
The photo industry is undergoing a significant transformation, with digital photography and developing taking over from the older analogue technology. This development is customer driven and the industry is facing up to major changes in consumption patterns while the market goes through a period of consolidation. On 5 January 2006 Fotoquick announced that it had reached an agreement to acquire Eirikuva, a Finnish photo business. Fotoquick’s aim is to remain one of the driving forces on the market and continue to exploit business opportunities.

”There is significant activity on the market right now. Customers do not only want new products, they also want new technical solutions for developing photos and distribution. We therefore have to make significant efforts to develop our range to customers while positioning ourselves as one of...