Thursday, October 15th, 2009...7:48 pm
Kalashnikov Manufacturer Faces Bankruptcy
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“It produces the most popular automatic rifles in the world but the company that makes the Kalashnikov, or AK-47, is in trouble. It has had to deal with a slump in arms exports and competition from the makers of copycat versions around the world. Now a shady businessman has filed bankruptcy proceedings against the company.” more@Spiegel.com
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