Molot is bankrupt

[Sixshot6]

http://www.thefirearmblog.com/blog/2017 ... will-sold/

Didn't know where to put this but.....

If you want a Vepr 12 bore, maybe buy, for if KC buys them they will be hit by the sanctions and no more will come in. Anyone have any ideas for what to replace Molots with for the AK shotgun market in the uk?

[snayperskaya]

No mention of this on the Molot website....

http://molot.biz/en/media/

In August 2012, Russian Technologies State Corporation (Rostec) guaranteed a RUB 100 million Novicombank loan for Molot Firearms. The loan was needed to replenish the company’s working capital and for the company to continue manufacturing operations.Molot Firearms becomes part of Russian Technologies State Corporation.

Rostec is the major stakeholder in JSC Kalashnikov Concern and it has been rumoured for a long time that Molot would become part of Kalashnikov Concern and it is highly unlikely that Rostec would close Molot’s doors and turn the lights out......but as said elsewhere Molot’s products could then be hit by sanctions.

[Sixshot6]

If you read the article it links to a Russian Newspaper so you're gonna be relying on google translate or having an understanding to read it. http://kommersant.ru/doc/3212116

It seems like its an ongoing thing starting 5 years when a metal supplier sued them. If they get bought by the Russian state which could be possible, it will fall under the sanction hammer (once again no more veprs) and it maybe that the website for Molot won't mention it for reason's best known to them.