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Industry

Izhmash formally renamed Kalashnikov

12 August 2013

Russia's Izhmash weapons factory has been formally renamed Kalashnikov Concern as it begins the process of consolidating Russia's small arms industry, the company announced on 13 August.

The move is part of a broader plan to house Russia's small arms manufacturing capability under one corporate entity in order to cut costs and improve productivity and quality.

Izhmash said that "renaming the Izhmash Concern 'Kalashnikov' is another step towards the vertical integration of Russia's small arms holding companies", and confirmed that in addition to the Izhmash and Izhmekh factories it would include the Progress R&D Technical Institute, Vyatsko-Polyansky Machine Works and L.N.



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