Breaking News: Izhmash is not insolvent and operations will continue as normal

This is great news for Saiga rifle and shotgun fans the world over can sleep easy tonight. Backyard Safari reports (Translated in Google, emphasis mine):

The fact is this: on 21.09.2009 has been reported that a company declare named Gremikha LLC "at the Economic and Trade Arbitration matters relevant indicative of the Republic had requested Udmurtia, the" Izhmash AG "for insolvent. More backgrounds were, and are not known. Maybe Gremikha is or was a creditor of Izhmash who wanted to recover in this way its accounts receivable. As the court date was 07.10. scheduled and thus took place yesterday, the court dealt with the case. Result: The application is not accepted. Izhmash is not insolvent and can thus continue its business operations as normal. Good news!

I was very worried about the outcome of the court case and am relived the supply of Saiga's and Tigr's will not run out anytime soon.

Related Posts

Steve Oct 8th 2009 rifles Tags: , , 5 Comments

5 Responses to “Breaking News: Izhmash is not insolvent and operations will continue as normal”

  1. Dannyon 08 Oct 2009 at 3:54 pm link comment

    Thats way 2 good lets they get time to upgrade their line

  2. Rexon 08 Oct 2009 at 11:03 pm link comment

    Tigr’s? HA! I would buy one *tomorrow* if I could get a new .308 from Izhmash.

    But I can’t. (And neither can any other American.)

    Hell, sell me this one, I don’t mind:
    img src=”http://www.dragunov.net/tiger/tigr_37_vmak.JPG

    I’ll take care of the rest. But Izhmash can’t sell them to me. :( <– Sad Rex.

    I've often wondered why some American company hasn't tried to reproduce the SVD stateside, but I suppose they can't meet a decent price point?

  3. Steveon 09 Oct 2009 at 12:59 am link comment

    Rex, saigas chambered in .308 can be gotten easily enough!

    Does Russia not export the Tigr, I always assumed that they did? Personally the gun holds no appeal to me. If you want a marksmen rifle, there are much better options!

  4. Rexon 09 Oct 2009 at 1:25 am link comment

    Russia does export the Tigr, just not to the United States anymore:

    http://www.ttb.gov/rpd/tdatf6.htm

    Thanks Clinton! Your legacy lives on!

    And an S308 just isn’t the same. :( Long stroke piston, stamped receiver, it’s just a big AK!

  5. Tomon 09 Oct 2009 at 5:07 am link comment

    Steve:

    Nope, the TIGR, Dragunov and other similar guns in that series (including Norinco copies) were banned by name in the ‘91 import ban bill if I remember correctly. That’s why you can’t find the thing for less than a few thousand bucks, and I’ve seen them climb over $5000!

    The Dragunov pattern rifle is one of my favorite rifles, but I’m something of a collector of com-bloc weapons. For serious DMR-class shooting I’ll take an M1A over it any day, but there’s something classic about the Dragunov and I would love to have one someday. We can dream…

Trackback URI

Leave a Comment

Comment Policy: I reserve the right to remove comments at my discretion. Think of comment threads like a dinner party at someone's house. If you make the party unpleasant for others or me, you won't be invited back. I am happy to tolerate a wide range of viewpoints, even extreme ones, but I'm not going to tolerate nastiness, rudeness, trolling, vitriol, or excessive snarkiness toward the author(s) or other commenters. You may make your case passionately, but civility is expected. Please stay on topic and respect the technical nature of this blog.
Spam Filtering: To avoid spam, comments are filtered using Akismet and then manually approved. Do not be alarmed if you comment does not appear instantly. I do not check the spam folder more than once per day.