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Company type | Open joint-stock company |
---|---|
Industry | Firearms |
Founded | 26 April 1940 |
Headquarters | , |
Revenue | $1.36 million[1] (2017) |
$20,534[1] (2017) | |
$138,852[1] (2017) | |
Total assets | $23.4 million[1] (2017) |
Total equity | −$13.6 million[1] (2017) |
Parent | Rostec |
Website | Official site |
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]
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]
The company entered bankruptcy proceedings in 2012; as of 2017 it is being controlled by a bankruptcy managing company.[7]