Märklin Derails

The German model train maker Märklin has run out of money and declared bankruptcy. Michael Pluta has wound up many companies in his time as a liquidator and now he's looking for investors to save as many jobs as possible. Märklin is one of the best known European model train makers. It began trading 150 years ago but thanks to poor management and competition from cheap producers from abroad it has been declared insolvent. Liquidator Michael Pluta hopes he can find a buyer for the company by April 1. Kerstin Schweizer visited Märklin to find out more about the search for a new owner.