Meeting with Putin of exceptional importance for Serbia - premierWorld March 27, 4:16
Election in Moldova shows people support rapprochement with Russia - Socialist factionWorld March 27, 4:06
Former Zenit FC player Kazachenok dies at 64Sport March 27, 1:37
Russian senior MP calls on EU politicians not to hide heads in sand in Syrian settlementRussian Politics & Diplomacy March 26, 18:09
Three Russian fans stabbed after football match in BelgradeSport March 26, 3:28
Russia ready to take part in restoring oil production in Syria - energy ministerBusiness & Economy March 26, 3:27
Moscow disappointed over new US sanctions against Russian companies - Foreign MinistryRussian Politics & Diplomacy March 26, 1:28
US sanctions 8 Russian companies over non-proliferation lawWorld March 25, 21:53
Russia's Defense Ministry says US-led coalition unlikely to launch battle for Raqqa soonRussian Politics & Diplomacy March 25, 19:06
MOSCOW, April 1. /TASS/. The share of small arms in the amount of products the Kalashnikov concern supplies under the state defense contract does not exceed 5%, the concern’s CEO, Aleksey Krivoruchko, told Forbes magazine in an interview.
"Last year the state defense contract will yield 75% of the revenue. This year its cash value went down to 60%. And the share of small arms in the supplies of weapons under the state defense contract does not exceed 5%," Krivoruchko said.
Currently one of concern’s main tasks is to build up the share of civilian products in the overall output.
"We are addressing this issue in full seriousness. Already now civilian products constitute half of the firearms we produce," Krivoruchko said.
Kalashnikov makes a wide spectrum of weapons - from small arms to guided missiles. Its products are exported to tens of countries around the world. The Rostec corporation owns a 51%-stake in Kalashnikov. Another 49% of shares are distributed among private investors.