Published on rabble.ca (http://rabble.ca)

Insist on a genuine Kalashnikov - before it's too late!

By Doug
Created Jan 4 2010 - 4:10am

Losing out to low-cost competitors isn't just something happening to car manufacturers.

 

For years, the AK-47 assault rifle has been the world's most popular weapon, the gun of choice for dictators, gang members and Third World revolutionaries. [1]

But the global recession and a proliferation of copycats has left the Russian maker of the Kalashnikov, OAO Izhmash, in financial turmoil. [1]

Monday, a court in Russia said it will consider a bankruptcy application filed against Izhmash by a supplier owed more than $13-million (U.S.). According to reports out of Russia, Izhmash has been losing money for years on its small-arms business and closed its largest gun factory in Izhevsk for much of 2009. [1]

Comments

Submitted by conrad yablonski on January 4, 2010 - 4:35pm.

Some of the copies I've seen are better made than the original not significantly cheaper but made to last.

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Source URL (retrieved on May 27 2012 - 6:54am): http://rabble.ca/babble/labour-and-consumption/insist-genuine-kalashnikov-its-too-late

Links:
[1] http://www.theglobeandmail.com/report-on-business/kalashnikov-faces-bankruptcy/article1296238/
[2] http://rabble.ca/print/babble/labour-and-consumption/insist-genuine-kalashnikov-its-too-late#comment-1098243
[3] http://rabble.ca/user
[4] http://rabble.ca/user/register