CZ in Bankruptcy??

[coyote trapper1928]

Hi:

  What is the news concerning CZ firearms? I read their website, and it appears that they are either in bankruptcy or just getting out of bankruptcy. I had thought about getting a new CZ rifle , but with this news I am not so sure about it now.

[SuperstitionCoues]

I don't think so.  Here, read this.  I found it in the Community section of the website.

CONSOLIDATION IN CZECH FIREARMS INDUSTRY
Zbrojovka Brno, at one time the largest firearms manufacturer in the Czech Republic has been purchased out of bankrupcy by Brno Rifles Company. Brno Rifles is a wholly owned subsidiary of Eximat a.s, the majority owner of Ceska Zbrojovka a.s. (CZUB). Brno Rifles production through the remainder of 2006 will focus on shotguns and custom firearms. This will be expanded during 2007. The Brno shotgun and custom production will complement the existing CZUB product line currently available in the US through CZ-USA, a subsidiary of CZUB.


Sounds like the parent company of CZUB bought out Zbrojovka Brno. Z-Brno's website:  http://www.zbrojovkabrno.com/

It also sounds like CZUB is going to start making their own shotguns instead of importing/re-exporting the HUGLU line from Turkey.  Just my guess though... 

[Norseman]

I am new to CZ's.  After finding out about how great they are, I MIGHT HAVE TO FILE FOR BANCKRUPCY!

[torpedoman]

They have always made some of the finest pistols there are.