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Model Forum / General / Railroads / July 2005



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Roco files a petition in bankruptcy

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Michael Simon - 14 Jul 2005 18:33 GMT
Sorry for that bad news :-(
+GF+ - 14 Jul 2005 18:47 GMT
A little more information please.  Sources? Where? and what?  According to
the Salzburg TV and Salzburg newspapers, a loan was all that was
needed.... - as of last night....

Signature

+GF+

"I have made this letter longer than usual because I lack the time to make
it shorter." - Blaise Pascal among his Provincial Letters (1656-57)

www.ete.org
www.internationalrailfair.com

> Sorry for that bad news :-(
Michael Simon - 14 Jul 2005 20:06 GMT
>A little more information please.  Sources? Where? and what?  According to
>the Salzburg TV and Salzburg newspapers, a loan was all that was
>needed.... - as of last night....

In insider-forums employees are telling that the owner and CEO of
Roco, Mr. Peter Maegdefrau, has announced today at 5:30 p.m. GMT+1 at
a works meeting that they will file the petition tomorrow at the
commercial court. This affects the locations in Austria (Hallein/Rif,
Gloggnitz) but not the location in Banska Bystrica, Slovakia.
+GF+ - 14 Jul 2005 21:31 GMT
Thank you.  Also have received more confirmations from the Hag discussion
group on yahoo.

Signature

+GF+

"I have made this letter longer than usual because I lack the time to make
it shorter." - Blaise Pascal among his Provincial Letters (1656-57)

www.ete.org
www.internationalrailfair.com

>
>>A little more information please.  Sources? Where? and what?  According to
[quoted text clipped - 6 lines]
> commercial court. This affects the locations in Austria (Hallein/Rif,
> Gloggnitz) but not the location in Banska Bystrica, Slovakia.
+GF+ - 14 Jul 2005 21:44 GMT
another confirmation
http://www.salzburg.com/sn/05/07/14/artikel/1608619.html

It is in German.

Signature

+GF+

"I have made this letter longer than usual because I lack the time to make
it shorter." - Blaise Pascal among his Provincial Letters (1656-57)

www.ete.org
www.internationalrailfair.com

> Thank you.  Also have received more confirmations from the Hag discussion
> group on yahoo.
[quoted text clipped - 9 lines]
>> commercial court. This affects the locations in Austria (Hallein/Rif,
>> Gloggnitz) but not the location in Banska Bystrica, Slovakia.
Edward A. Oates - 15 Jul 2005 18:28 GMT
I received email from trains.com (regular newsletter) with news release of
both the Roco and Life-Like stories. See http://www.trains.com

Ed

> another confirmation
> http://www.salzburg.com/sn/05/07/14/artikel/1608619.html
>
> It is in German.

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Ed Oates
http://homepage.mac.com/edoates
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