Russia sells stake in maker of AK-47 rifle

Russian President Vladimir Putin (L) speaks with Mikhail Kalashnikov (R), the Russian inventor of the globally popular AK-47 assault rifle during his working visit to 'Kalashnikov Concern' small arms factory in Izhevsk on September 18, 2013. 

The Russian government is privatizing gunmaker Kalashnikov, selling off its stake in the maker of the AK-47 rifle for about 40 million dollars. The BBC's Famil Ismailov joins Marketplace Morning Report host David Brancaccio to discuss. 

About the author

David Brancaccio is the host of Marketplace Morning Report. Follow David on Twitter @DavidBrancaccio

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