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.
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.