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Sanctions have not significantly affected civilian arms export — Kalashnikov concern

July 02, 2015, 17:05 UTC+3 IZHEVSK
Kalashnikov Concern is the Russia’s largest producer of assault rifles, sniper rifles, guided munitions and a broad range of arms for civilian and sports purposes
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Soldier with Kalashnikov AK-74M rifle

Soldier with Kalashnikov AK-74M rifle

© ITAR-TASS/Sergei Bobylev

IZHEVSK, July 2. /TASS/. Civilian arms export of Russia’s Kalashnikov Concern hit by western sanctions dropped by just 2%, the Russian rifle-maker said in the annual report released on Thursday.

"Despite sanctions of certain Western nations and further block of access to markets of these countries, export sales [of civilian arms] declined in 2014 by just 2% year-on-year owing to entry to new and promising sales markets, including countries of the Asia-Pacific Region," the company said.

Kalashnikov Concern is the Russia’s largest producer of assault rifles, sniper rifles, guided munitions and a broad range of arms for civilian and sports purposes.

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