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, and is a subsidiary of Rostec.[2] It is one of the largest companies in Kirov Oblast.[3]

Vyatskiye Polyany Machine-Building Plant
Open joint-stock company
IndustryFirearms
Founded26 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)
ParentRostec
WebsiteOfficial website

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

  1. "Годовая бухгалтерская отчетность". Retrieved 1 November 2018.
  2. "Vyatskiye Polyany Molot Machine-Building Plant Open Joint-Stock Company". Bloomberg. Retrieved 11 October 2017.
  3. ""Молот" пойдет с молотка". Коммерсантъ (Н.Новгород). 2 July 2017. p. 8. Retrieved 11 October 2017.
  4. "История ОАО ВПМЗ "Молот"". Molot.biz. Retrieved 11 October 2017.
  5. "The classic scooters made by Soviet Union". Trussty.com. Retrieved 11 October 2017.
  6. "Molot shows why we need to import all the things from Russia". Guns.com. 29 November 2016. Retrieved 11 October 2017.
  7. "BREAKING: Russian "Molot" is Bankrupt and will be Sold". The Firearm Blog. 2 March 2017. Retrieved 11 October 2017.


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