In a Russian AK manufacturer Molot, who are a subsidiary of AK-74/AK-1xx maker Izhmash and who make the VEPR AK-style rifles, announced at the Moscow ARMS & Hunting ’11 expo that they would be producing an AR-15 style rifle called the HPE-140 (впо-140). The rifle is in a M4 configuration and includes a quad rail, ergonomic pistol grip and muzzle brake. It weighs ~7 lbs.
I never thought I would see the day that a subsidiary of Izhmash would produce an AR-15. It is a pity Eugene Stoner did not live to the worldwide popularity of his invention.
[ Many thanks to Russian Surt for emailing me the photos. ]