Comments on: Izhmash, official maker of the AK and Saiga rifles, filed for bankruptcy!!! http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/ Firearms not Politics Fri, 10 Feb 2012 23:24:58 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Steve http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-15806 Steve Wed, 07 Oct 2009 21:33:39 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-15806 Ernst, thanks. Will post on the blog shortly. Ernst, thanks. Will post on the blog shortly.

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]]> By: Ernst Krenkel http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-15803 Ernst Krenkel Wed, 07 Oct 2009 21:19:34 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-15803 Just a short notice: The court said today that Izhmash is not bancrupt. More here: http://backyard-safari.blogspot.com/2009/10/izhmash-ist-nicht-pleite.html Best regards, E. K. Just a short notice: The court said today that Izhmash is not bancrupt.
More here:

http://backyard-safari.blogspot.com/2009/10/izhmash-ist-nicht-pleite.html

Best regards,

E. K.

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]]> By: Steve http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-15675 Steve Tue, 06 Oct 2009 06:04:54 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-15675 Ernst, that interesting. Thanks for the info. Ernst, that interesting. Thanks for the info.

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]]> By: Ernst Krenkel http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-15674 Ernst Krenkel Tue, 06 Oct 2009 05:51:07 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-15674 Just a short comment: Izhmash has not filed an application for bankruptcy! This application was filed by another firm (probably someone who waits for Izhmash to pay him?). On 7th October will be the first court hearing. And we will see what the court has to say. Just a short comment: Izhmash has not filed an application for bankruptcy! This application was filed by another firm (probably someone who waits for Izhmash to pay him?). On 7th October will be the first court hearing. And we will see what the court has to say.

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]]> By: Darth AkSarBen http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-15572 Darth AkSarBen Mon, 05 Oct 2009 02:50:14 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-15572 From what I have read, the AK-47 was never patented. It was a joint effort in a "State" republic that did not patent the design. Hence, the AK-47 and similar design made all over the world. Could also be made in Kentucky just as well. There is, after all, not a lot of complicated mechanisms in it. It is made from a stamped receiver and rails with a simple action that is reliable as hell. From what I have read, the AK-47 was never patented. It was a joint effort in a “State” republic that did not patent the design. Hence, the AK-47 and similar design made all over the world. Could also be made in Kentucky just as well. There is, after all, not a lot of complicated mechanisms in it. It is made from a stamped receiver and rails with a simple action that is reliable as hell.

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]]> By: jdun1911 http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-15123 jdun1911 Sat, 26 Sep 2009 23:27:03 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-15123 American AK clones are overpriced. It cost almost the same as an AR. American AK clones are overpriced. It cost almost the same as an AR.

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]]> By: Clodboy http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-15120 Clodboy Sat, 26 Sep 2009 21:50:27 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-15120 A company called "Molot" in Ukraine actually produces an improved version of the Saiga shotgun, called the Vepr 12, which offers modernized features like picatinny rails and a magwell, although it seems to be hard to find in the US -though that may change once they realize the opportunity of a growing market niche for AK-derived shotguns. They also make a line of rifles (basically their versions of Izhmash's Saigas, as well as a few semi-automatic RPK clones with fake drum mags), atleast some of which are imported by Robarms. A company called “Molot” in Ukraine actually produces an improved version of the Saiga shotgun, called the Vepr 12, which offers modernized features like picatinny rails and a magwell, although it seems to be hard to find in the US -though that may change once they realize the opportunity of a growing market niche for AK-derived shotguns.

They also make a line of rifles (basically their versions of Izhmash’s Saigas, as well as a few semi-automatic RPK clones with fake drum mags), atleast some of which are imported by Robarms.

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]]> By: Chandan http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14988 Chandan Thu, 24 Sep 2009 03:59:26 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14988 Izh's bankruptcy will not make any difference to the AK market cause overall Izh hardly produces 10 to 20% of the world's AKs, largest being Norinco only guys gonna take a hit from its winding down will be Russia and Venezuela, whereas excellent Ak clones are made by Arsenal INC its knowhow taken frm a Bulgarian firm, that very supplied around 100000 AKs to Indian Army in around 1990 to fight Kashmir insurgency. Izh’s bankruptcy will not make any difference to the AK market cause overall Izh hardly produces 10 to 20% of the world’s AKs, largest being Norinco only guys gonna take a hit from its winding down will be Russia and Venezuela, whereas excellent Ak clones are made by Arsenal INC its knowhow taken frm a Bulgarian firm, that very supplied around 100000 AKs to Indian Army in around 1990 to fight Kashmir insurgency.

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]]> By: Matt Groom http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14974 Matt Groom Wed, 23 Sep 2009 22:22:22 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14974 What?! You mean that Socialist economic models will never succeed no matter how profitable the industry or desirable the product?! You don't say! Look, if they can't make money selling firearms, AKs no less, in the kind of political climate the world's largest gun market is experiencing right now, that points to one thing and one thing only; bad management and a obsolete corporate culture. I look forward to AKs being produced in the good old US of A where the one industry that has never gotten or needed a bail out continues to thrive. What?! You mean that Socialist economic models will never succeed no matter how profitable the industry or desirable the product?! You don’t say!

Look, if they can’t make money selling firearms, AKs no less, in the kind of political climate the world’s largest gun market is experiencing right now, that points to one thing and one thing only; bad management and a obsolete corporate culture. I look forward to AKs being produced in the good old US of A where the one industry that has never gotten or needed a bail out continues to thrive.

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]]> By: subby http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14954 subby Wed, 23 Sep 2009 03:59:27 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14954 Who bets the Russian government will step in once some US entrepreneurs start nocking on their door? An american made Ak? Who bets the Russian government will step in once some US entrepreneurs start nocking on their door? An american made Ak?

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]]> By: redmanlaw http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14947 redmanlaw Wed, 23 Sep 2009 01:41:39 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14947 Wow. Capitalism is not for everyone. Wow. Capitalism is not for everyone.

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]]> By: Steve http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14945 Steve Wed, 23 Sep 2009 00:04:24 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14945 Mark, acually I asked Max about them. he said a minor update, like rails added, nothing major. i bet its not gonna happen now Mark, acually I asked Max about them. he said a minor update, like rails added, nothing major.

i bet its not gonna happen now

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]]> By: NoneMoreBlack http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14944 NoneMoreBlack Tue, 22 Sep 2009 23:46:22 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14944 I'm not sure about your advice to buy now. There will certainly be interruptions in manufacturing, but once all the dust has settled and some company in China or wherever has the toolings and patents, prices will probably fall below their current level. I’m not sure about your advice to buy now. There will certainly be interruptions in manufacturing, but once all the dust has settled and some company in China or wherever has the toolings and patents, prices will probably fall below their current level.

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]]> By: Mark http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14943 Mark Tue, 22 Sep 2009 23:14:24 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14943 Probably not the right time to ask such question, but what happened to these plans: http://www.thefirearmblog.com/blog/2008/12/14/izhmash-will-launch-new-ak-line-in-2009/ ? Probably not the right time to ask such question, but what happened to these plans:
http://www.thefirearmblog.com/blog/2008/12/14/izhmash-will-launch-new-ak-line-in-2009/
?

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]]> By: jdun1911 http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14942 jdun1911 Tue, 22 Sep 2009 22:35:43 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14942 bullzebub, The bankrupted still own all their patents and trademarks. With that said the banks or creditors might have first dibs on them depending on the loans. bullzebub,

The bankrupted still own all their patents and trademarks. With that said the banks or creditors might have first dibs on them depending on the loans.

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]]> By: Steve http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14939 Steve Tue, 22 Sep 2009 22:12:37 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14939 SpudGun, I think this is one company the freedom group will not be able to get their hands on! SpudGun, I think this is one company the freedom group will not be able to get their hands on!

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]]> By: bullzebub http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14935 bullzebub Tue, 22 Sep 2009 21:09:41 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14935 what happends with patents and trademarks when a company goes bankrupt? this could be a good thing if its as bad as kurt is saying... what happends with patents and trademarks when a company goes bankrupt? this could be a good thing if its as bad as kurt is saying…

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]]> By: Michael B http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14934 Michael B Tue, 22 Sep 2009 21:05:26 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14934 There's a private equity group that's wildly discounting nationalization risk, right now. There’s a private equity group that’s wildly discounting nationalization risk, right now.

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]]> By: jdun1911 http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14933 jdun1911 Tue, 22 Sep 2009 20:14:42 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14933 Steve posted a video on Izhmash manufacturing plant few months back. To me it looks very efficient well run factory. Izhmash does not lack the experience, knowledge, or tools to complete in the world market. However what they do lack is the willingness to change with the times and probably a better marketing department. That's what killed them. In the old Soviet days, the AK was given away or sold at below cost. Who wouldn't like free guns? When capitalism enter mother Russia, they couldn't sale it below cost and have to complete with AR. Izhmash modernized their factory but didn't modernized their products and marketing department. Izhmash should have made a modernize version of the AK similar to Robinson XCR. It would at the very least allow them to complete in the world market. BTW The Freedom Group went bankrupted and I don't believe in bailouts. Steve posted a video on Izhmash manufacturing plant few months back. To me it looks very efficient well run factory.

Izhmash does not lack the experience, knowledge, or tools to complete in the world market. However what they do lack is the willingness to change with the times and probably a better marketing department. That’s what killed them.

In the old Soviet days, the AK was given away or sold at below cost. Who wouldn’t like free guns? When capitalism enter mother Russia, they couldn’t sale it below cost and have to complete with AR.

Izhmash modernized their factory but didn’t modernized their products and marketing department. Izhmash should have made a modernize version of the AK similar to Robinson XCR. It would at the very least allow them to complete in the world market.

BTW The Freedom Group went bankrupted and I don’t believe in bailouts.

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]]> By: Erik http://www.thefirearmblog.com/blog/2009/09/22/izhmash-official-maker-of-the-ak-and-saiga-rifles-filed-for-bankruptcy/comment-page-1/#comment-14928 Erik Tue, 22 Sep 2009 18:24:39 +0000 http://www.thefirearmblog.com/blog/?p=8038#comment-14928 I respect Mr. Popenker's opinion however I must offer this, there is no news about this bankruptcy on the official news site of the Russian Federation, there is no news about it on the Izhmash webpage (updated today even), and the rag that published the story, Pravda.ru, is little more than a tabloid masquerading as a real news source. Not that the official news would be much better, but I am going to adopt a wait and see approach here. www.itar-tass.com http://russiatoday.com/ There is nothing on either of those sites about it. Again, wait and see IMHO. I respect Mr. Popenker’s opinion however I must offer this, there is no news about this bankruptcy on the official news site of the Russian Federation, there is no news about it on the Izhmash webpage (updated today even), and the rag that published the story, Pravda.ru, is little more than a tabloid masquerading as a real news source. Not that the official news would be much better, but I am going to adopt a wait and see approach here.

http://www.itar-tass.com
http://russiatoday.com/

There is nothing on either of those sites about it. Again, wait and see IMHO.

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