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MOSCOW, February 6 (RIA Novosti) - Russia's most famous firearm designer, Mikhail Kalashnikov, says he is happy to give his name to the brand of a small-arms corporation being formed by the merger of Russian gun makers Izhmash and Izhmekh, the Izhmash press secretary said on Wednesday.
Izhmash has been manufacturing Kalashnikov guns since the world-famous assault rifle first went into mass production in 1949, while Izhmekh is best known for producing Makarov and Yarygin pistols.
However, both companies have been recently experiencing financial difficulties and a sharp drop in production.
The government is now planning to revive them by merging them under the new brand.