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  • AK-47 bankrupted

    Maker of AK-47 assault rifles goes bankrupt
    BUSINESS - Maker of AK-47 assault rifles goes bankrupt
    ISTANBUL - Doğan News Agency
    An estimated 100 million AK-type rifles have been sold around the world. AFP photo

    An estimated 100 million AK-type rifles have been sold around the world. AFP photo
    Izhmash, the manufacturer of assault rifle AK-47, or Kalashnikov, officially went bankrupt over unpaid debts, according to the Russian Ria Rovosti news agency.

    More than 100 million AK-type rifles are estimated to have been built since they were first introduced by inventor Mihail Kalashnikov in 1947.

    Izhmash is a unit of the Russian Technologies Corporation, a state holding company with mining, arms and automotive assets.

    A court has given the green light to Izmash factory being wound up, following a lawsuit issued by a creditor owed 814,000 rubles ($275,000). The Kalashnikov maker is now in receivership, and an administrator has been appointed by the court.

    The bankruptcy is part of the re-organization procedure that was launched last year by Kalashnikov’s parent company, Russian Technologies State Corporation. Its director Maksim Kuzyuk said the bankruptcy procedure would help save the brand and most of the company’s property.

    Izhmash, which has 5.3 billion ruble loan debts, registered 2.4 billion rubles of loss in 2011. Its production volume decreased by 45.5 percent last year. A major blow for Izmash came when the Russian Defence Ministry announced that it would not purchase the newly-created rifle the AK-12, which was unveiled in February.

    April/10/2012
    “the misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all” -- Joan Robinson

  • #2
    for fun, I am looking for some classic AK photos, if you have some, please post.
    “the misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all” -- Joan Robinson

    Comment


    • #3
      Here are some that I have
      Attached Files
      “the misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all” -- Joan Robinson

      Comment


      • #4
        Of all the weapons in the vast soviet arsenal, nothing
        was more profitable than Avtomat Kalashnikova model of 1947. More
        commonly known as the AK-47, or Kalashnikov. Its the worlds most
        popular assault rifle. A weapon all fighters love. An elegantly
        simple 9 pound amalgamation of forged steel and plywood. It doesnt
        break, jam, or overheat. Itll shoot whether its covered in mud or
        filled with sand. Its so easy, even a child can use it; and they
        do. The Soviets put the gun on a coin. Mozambique put it on their
        flag. Since the end of the Cold War, the Kalashnikov has become the
        Russian peoples greatest export. After that comes vodka, caviar,
        and suicidal novelists. One thing is for sure, no one was lining up
        to buy their cars.

        “the misery of being exploited by capitalists is nothing compared to the misery of not being exploited at all” -- Joan Robinson

        Comment


        • #5
          ^ My favorite N. Cage movie.

          The gold plated guns are very interesting.
          sigpic"If your plan is for one year, plant rice. If your plan is for ten years, plant trees.
          If your plan is for one hundred years, educate children."

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          • #6
            I recall seeing some spectacular stats for the AK47

            Stockholm Institute estimated of the known small arms used in 3rd world conflict some 90% were AK's.
            Spawned so many knock offs and licensed prod.

            You have to wonder whether all the knock off builds did the company in - eg some 20m+ were estimated to be unlicensed builds
            Linkeden:
            http://au.linkedin.com/pub/gary-fairlie/1/28a/2a2
            http://cofda.wordpress.com/

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            • #7
              they are still working, and came out with new model, ak12

              Last edited by omon; 07 May 12,, 20:48.
              "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!" B. Franklin

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              • #8
                wondering why the guy in the first pic has the finger near the trigger, when the safety is on ?
                J'ai en marre.

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                • #9
                  Personal preference. For some, sliding your finger down onto the trigger shaves a couple milliseconds off lifting your finger off the grip and onto the trigger.
                  Meddle not in the affairs of dragons, for you are crunchy and taste good with ketchup.

                  Abusing Yellow is meant to be a labor of love, not something you sell to the highest bidder.

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                  • #10
                    Leave it to Troung to save the day...
                    Attached Files
                    To sit down with these men and deal with them as the representatives of an enlightened and civilized people is to deride ones own dignity and to invite the disaster of their treachery - General Matthew Ridgway

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                    • #11
                      Originally posted by bigross86 View Post
                      Personal preference. For some, sliding your finger down onto the trigger shaves a couple milliseconds off lifting your finger off the grip and onto the trigger.
                      but you cant push the safety down while holding the grip, because the finger does not reach that far forward and the safety is rigid enough.

                      he has to let go of the grip and press the safety down with the right hand thumb,
                      so keeping his finger that way does not help.
                      J'ai en marre.

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                      • #12
                        In the end, a shooter will always hold the gun in the way he's most comfortable
                        Meddle not in the affairs of dragons, for you are crunchy and taste good with ketchup.

                        Abusing Yellow is meant to be a labor of love, not something you sell to the highest bidder.

                        Comment


                        • #13
                          Originally posted by USSWisconsin View Post
                          ^ My favorite N. Cage movie.

                          The gold plated guns are very interesting.
                          IIRC, the gold-plated AK (and the pistols) were found in Saddam Hussein's personal collection.
                          "There is never enough time to do or say all the things that we would wish. The thing is to try to do as much as you can in the time that you have. Remember Scrooge, time is short, and suddenly, you're not there any more." -Ghost of Christmas Present, Scrooge

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                          • #14
                            Originally posted by Stitch View Post
                            IIRC, the gold-plated AK (and the pistols) were found in Saddam Hussein's personal collection.
                            Is that gold engraving on the grenades too? What a deal - money to burn it appears.
                            sigpic"If your plan is for one year, plant rice. If your plan is for ten years, plant trees.
                            If your plan is for one hundred years, educate children."

                            Comment


                            • #15
                              Who's got a shortage of money when you rule a country and couldn't even give a runny shite about your citizens/slaves?
                              Meddle not in the affairs of dragons, for you are crunchy and taste good with ketchup.

                              Abusing Yellow is meant to be a labor of love, not something you sell to the highest bidder.

                              Comment

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