| REF. NO. | DENOMINATION | DESCRIPTION | NO.ISSUED | VALUE |
|---|---|---|---|---|
 Image courtesy of Boone Shares |
||||
| 101 | 1 share dated 1917 | blue | 5000 #2005 |
€2,400 Boone May 2025 |
Première Société Anonyme Russe des Fabriques de Fusil et de Mitrailleuses
Первое Русское Акционерное Общество Ружейныхъ и Пулеметныхъ Заводовъ
Other city spellings: St.-Pétersbourg, St. Petersburg, Petrograd,
Founded during WWI (1916) on the initiative of the branch of the Swedish company A. Johnson & Co.in Petrograd. Initial capital was 5 million roubles in shares of 1000 roubles. More info under History tab.
1916
Description
Founded during WWI (1916) on the initiative of the branch of the Swedish company A. Johnson & Co. in Petrograd. The intention was to produce machine guns according to the system of the Swedish officer Wilhelm Hermann Olaf Madsen. The weapons factory was set up in the city of Kovrov, Vladimir Governorate. After initial problems caused by the war and the start of the revolution, production only started after 1918, after the foreign founders were excluded from the company and the Russian military appointed its own officer and weapons master Vasily G. Degtjarev as production manager. The arms company still exists today and is now called “Degtjarev”. (Source: Boone Shares May 2025)
