The 7.5-meter tall statue features Kalashnikov holding his famous rifle.
Mikhail Kalashnikov was born in a rural area of Russia in 1919.
The weapon gained popularity because it worked equally well in hot, wet jungles and cold, dry mountains. Some users can take an AK-47 apart in just 30 seconds.
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As a boy, Mikhail was interested in making farm equipment. But, later he became a soldier and was injured in World War Two. But in 1947 he designed the weapon that came to be known as the AK-47.
Kalashnikov and some other soldiers decided that the Russian army needed better rifles than those used by the Germans. It got its name because it was an automatic rifle designed in 1947.