The Modelleisenbahn Gmbh, which manufactures Roco and Fleischmann products, is making steady progress towards financial stability, bearing in mind that over the last 10 years the sales volume of the model railway branch has shrunk by one third. A new factory in Vietnam has been opened with 80 employees producing 200'000 wagons. It complements the existing facilities in Glöggnitz (100 employees), Salzburg (80), Roumania (220) and Slovakia (240). This significant investment means that they don't plan to make a profit before next year. Turnover last year was 49 Million Euro which was an improvement on 2015 (47.5 Million). One of the reasons that it had dropped from 2013 (51 Million) was the price increases, which we were all complaining about. They recognize that this was a mistake and pricing measures since 2015 have helped with the latest improvement in turnover. Obviously, if prices can't be increased then the costs must be reduced. The factory in Vietnam will help, but it inevitably means producing a smaller variety of new models so that higher volumes of each product can be achieved.