Zimo goes bust

Zimo is an Austrian Company with its headquarters in Vienna. ZIMO has been located at 1120 Vienna, Schönbrunner Straße 188 since its founding in 1980.
 
ThIs from a post on another forum’s facebook page
“According to a news item on their website, this is purely a technical issue, as they had mistakenly failed to pay a bill for the public health insurance organisation, and although this was dealt with immediately, they were still placed in receivership. Business proceeds however perfectly normally, according to their website, and they expect to be out of this "formal receivership" after Christmas. They ironically note that the last two years have been the most successful in the company´s history, and that this "bureaucratic act" would only be possible in Austria!
 
It would appear that is correct.
if you don't pay your taxes (or social security payments) in Austria, you immediately get put in to administration.
 
It would appear that is correct.
if you don't pay your taxes (or social security payments) in Austria, you immediately get put in to administration.
Cor! If they did that here, the high streets would be devoid of shops and Amazon would revert to being a river!
 
Cor! If they did that here, the high streets would be devoid of shops and Amazon would revert to being a river!
perhaps that would be a good thing, then Councils would have to look at the exorbitant rates they charge as would greedy Shop Owning Companies, then we may get some High Streets that are not clone High Streets of every other one in the Country.
 
It would appear that is correct.
if you don't pay your taxes (or social security payments) in Austria, you immediately get put in to administration.
Nah, don't worry, the Thought Police would never allow it here - while the chattering classes moan about offshore investment / tax avoidance etc etc, they wring their hands at any legislative attempt to bring things into line - hubris

It's like the union leader who's had four train companies out on strike over driver only - then gets on the driver only Heathrow Express to get to work every day (with his season ticket paid by the union)

Says it all really :finger::finger::finger::finger::finger::finger:
 
As allmost all modeltrain manufactors have gone bust, some even twice, i suspect this wil happen to the supporting industry eventually. Faller/Pola G and Regner Dampftechnik already have. Who's next? Not all will have a restart.
 
Let's not get too despondent. There are still plenty of customers (us) willing to spend plenty of money (within reason!) on this hobby and while that is true there will still be manufacturers, wholesalers and retailers willing to supply the market. There will be some failures, restarts and restructuring along the way but that is the way of the world. As has been discussed many times before "G scale" is a niche market within model railways but there is still money to be made even there IMO as long as the market participants understand their market and customer needs.
 
The problem with capitalism as I see it is that someone starts to make things to sell, good quality, fair price. Someone else is jealous, makes similar items, cuts corners, sells cheaper. Customers stop buying from first guy, he goes bust. Second guy carries on, his products wear out, have to be replaced, this time price is higher. Same with the High Street. “Our High Street is dying.” Of course it is; you are buying cheaper online because shops have to pay high rates, employ knowledgeable people to tell you what you need to know, and then you spend your money elsewhere. If RPM came back, people might start buying on quality not price and there wouldn’t be half as mich fly-tipping. My mate ran a pub; the brewery charged him more for his wine than he could get it in the supermarket. He gave up. If we aren’t prepared to pay proper prices, we can’t complain if the manufacturers go to the wall.
 
The problem with capitalism as I see it is that someone starts to make things to sell, good quality, fair price. Someone else is jealous, makes similar items, cuts corners, sells cheaper. Customers stop buying from first guy, he goes bust. Second guy carries on, his products wear out, have to be replaced, this time price is higher. Same with the High Street. “Our High Street is dying.” Of course it is; you are buying cheaper online because shops have to pay high rates, employ knowledgeable people to tell you what you need to know, and then you spend your money elsewhere. If RPM came back, people might start buying on quality not price and there wouldn’t be half as mich fly-tipping. My mate ran a pub; the brewery charged him more for his wine than he could get it in the supermarket. He gave up. If we aren’t prepared to pay proper prices, we can’t complain if the manufacturers go to the wall.
Too true:(
 
B-b-but, the company didn't go bust - it was an admin cock up!
 
B-b-but, the company didn't go bust - it was an admin cock up!
My comment was intended to more general than specific to Zimo, &c., but I wonder how long a manufacturer can go on producing a £200 soundcard to put in a £250 loco, which is about all I can afford to pay, and I’m not that bothered about sound anyway? Yesterday I spent all day helping exhibit a G scale layout (Deutschland-Battenberg) next to an electric worm layout with constant sound. Punters might like it for the couple of minutes they are there, but it gets a it b....y boring after 6 hours with no escape! Niche market in a niche market in a niche market?
 
My comment was intended to more general than specific to Zimo, &c., but I wonder how long a manufacturer can go on producing a £200 soundcard to put in a £250 loco, which is about all I can afford to pay, and I’m not that bothered about sound anyway? Yesterday I spent all day helping exhibit a G scale layout (Deutschland-Battenberg) next to an electric worm layout with constant sound. Punters might like it for the couple of minutes they are there, but it gets a it b....y boring after 6 hours with no escape! Niche market in a niche market in a niche market?
Have the greatest of sympathy being next to a sound layout for 6 hours. But it is quite often that the idiots with the sound layouts have the sound too loud. Less is more with exhibition sound. Nice to have it and a layout without sounds sterile to me. But that Coal Shoveling at full sound all day does get very tedious. Plus too few people know what sound how and when to properly make sound. Just listen to what is going on at a Steam Railway particularly at an intermediate Station where a Train arrives and departs then you will hear what sounds are required. In this respect I have to say my Zimo Fitted Harz Mallett is superb even allowing the wheel squeel round tight bends.
 
Have the greatest of sympathy being next to a sound layout for 6 hours. But it is quite often that the idiots with the sound layouts have the sound too loud. Less is more with exhibition sound. Nice to have it and a layout without sounds sterile to me. But that Coal Shoveling at full sound all day does get very tedious. Plus too few people know what sound how and when to properly make sound. Just listen to what is going on at a Steam Railway particularly at an intermediate Station where a Train arrives and departs then you will hear what sounds are required. In this respect I have to say my Zimo Fitted Harz Mallett is superb even allowing the wheel squeel round tight bends.
If you go to a country railway station for a few hours, how much noise does one actually hear?!
 
Most of my Locos have sound and I love them all dearly but I have to admit it doesn't take long for the constant chuff chuff to become more than wearing. The problem as I see it is that my layout is too small for the Locos to actually go out of earshot and remain there for a while. I work on the KWVR and even on a busy Gala day trains will only pass a mid line station every 25mins or so making for more quiet than noise. Recreating this in the garden I find gives more boredom than action.
 
With good decoders, you only really hear the chuff a lot when accelerating or working hard on a grade. I agree most people run sound systems too loud. All mine can have the volume adjusted remotely, and I find if you can run 2 or 3 locos on a layout and only hear the one nearest you, you are in a pretty good place.

Greg
 
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