DATELINE: MOSCOW May 7
Russian state corporation Rostekhnologii, established in late 2007 to facilitate development, production and export of hi-tech industrial products for civilian and military purposes, has made the decision to concentrate its production of firearms at the Izhmet and Izhmash plants, Rostekhnologii General Director Sergei Chemezov said.
“We have decided to switch military production to Izhevsk, Izhmet and Izhmash, and we will re-orient the Molot company,” Chemezov told Prime Minister Vladimir Putin.
Molot (based in Vyatskiye Polyany), Izhmet and Izhmash make the same products as part of Rostekhnologii corporation, he said.
“This amount of similar products is too much,” Putin remarked.
“We can’t get enough orders for all three companies,” Chemezov said. “Therefore, we will set up a center for firearms disposal. Also, talks are under way to set up a joint venture with Italy’s Beretta, which plans to set up, hopefully early next year, a joint venture to make hunting and sport weapons ,and pistols for police and special services,” he said.
These products will be exported, including to countries of the Commonwealth of Independent States, and sold in Russia, Chemezov said.