Vyatskiye Polyany Machine-Building Plant
JSC Vyatskiye Polyany Molot Machine-Building Plant (Russian: Вятско-Полянский машиностроительный завод) is a Russian company based in Vyatskiye Polyany. The plant manufactures rifles and shotguns under the Molot-Oruzhiye (Hammer Weapon) and VEPR ( Wild Boar) brands, and is a subsidiary of Rostec.[2] It is one of the largest companies in Kirov Oblast.[3]
Type | Open joint-stock company |
---|---|
Industry | Firearms |
Founded | 26 April 1940 |
Headquarters | , |
Revenue | $1.36 million[1] (2017) |
$20.5 thousand[1] (2017) | |
$139 thousand[1] (2017) | |
Total assets | $23.4 million[1] (2017) |
Total equity | -$13.6 million[1] (2017) |
Parent | Rostec |
Website | Official site |
Molot was established in 1940, and was originally based in Zagorsk, Moscow Oblast. It was the main manufacturer of the PPSh-41 submachine gun.[4] In 1941 the plant was evacuated to Vyatskiye Polyany with its workers, including G. S. Shpagin and N. F. Makarov, designer of the eponymous Makarov pistol.[4] In the 1950s the plant manufactured the Vyatka motor scooter.[5]
In the 1990s the company diversified by launching a line of sports and hunting weapons.[4] Rifles manufactured in the Molot plant are exported to the United States under the VEPR brand.[6] In recent years, Molot has produced shotgun variants of the Mosin-Nagant rifle, the SKS carbine and the AKM rifle for the Russian civilian firearms market utilising the "Lancaster" rifling and up-necked, shotgun versions of the 7.62x54R and 7.62x39mm cartridges (Under Russian law, gun owners must hold a shotgun licence for five years in order to get a rifle licence).
The company entered bankruptcy proceedings in 2012; as of 2017 it is being controlled by a bankruptcy managing company.[7]
References
- "Годовая бухгалтерская отчетность". Retrieved 1 November 2018.
- "Vyatskiye Polyany Molot Machine-Building Plant Open Joint-Stock Company". Bloomberg. Retrieved 11 October 2017.
- ""Молот" пойдет с молотка". Коммерсантъ (Н.Новгород). 2 July 2017. p. 8. Retrieved 11 October 2017.
- "История ОАО ВПМЗ "Молот"". Molot.biz. Retrieved 11 October 2017.
- "The classic scooters made by Soviet Union". Trussty.com. Retrieved 11 October 2017.
- "Molot shows why we need to import all the things from Russia". Guns.com. 29 November 2016. Retrieved 11 October 2017.
- "BREAKING: Russian "Molot" is Bankrupt and will be Sold". The Firearm Blog. 2 March 2017. Retrieved 11 October 2017.