Well, I saw the news both in petapixel and the russian forum (my russian is very bad so I needed help from mr. Translator).
My 1st SLR was a praktica. I had the possibility to get a Zenit (11 or 12 were available at that time) and I laughed at the tall shutter release button and the crude exposure counter.
My 2nd Slr in 1991 was a new BX20 (in Spain we got stuff much later than other countries, so GDR prakticas were being sold in 1991, when the factory already belonged to Schneider).
Praktica soldiered on until 2001 as a camera manufacturer, and zenit continued until 2005. They still make lenses.
Fast forward to 2016. Contax user since 1994 (S2) which breaks down. Hahaaa no parts available, no one who dares to look at it (meter dead, had been fighting with out of focus images for 10 years at full aperture. After 100s of euros found it was a flat bayonet spring which fixed myself). Now meter dead, and looking for replacement boards all over the world.
Guess what? Found a sorry Zenit 122 from a school which put and end to film shooting. 25 euros with lens. Had shot countless rolls as shutter release was sooo soft and aperture spring was very weak. But worked! HAd a little fungus which I removed, and one of the LEDs was burnt out
Took it apart, threw away rotten foam, refoamed it, renewed the 3 leds soldering and sanding new ones, calibrated exposure meter with my lunasix and loaded one expired roll "just for test". Lively sharp images. Speeds were spot on as I tried from 1/30 to 1/500 on the same subject and everything was uniformly lit. So I can say the Zenit grew on me (who could have told me that 20 years ago?).
So guess what? My S2 is being confined as shelf queen until repaired, and the Zenit put into use (and bought several more, even some 3Ms and a very nice cute C -a Leica with pentaprism, which was what it was).
Don't know if Rostec will succeed, and wish them plenty of luck
Film SLRs are no more (only the F6). Cosina quit camera manufacturing (so the Cosina clones as the Vivitar and FM10 might go bust as well). Only Phenix remains active, in chine, churning out dozens of Yashica FX3 clones (the DN60-DN66 being nikon mount, the latter one with 1/4000 mechanical shutter), the DC303 (PK mount, 1/2000 top speed).
Don't know if Rostec might get hold of the Cosina manufacturing facilities, or license, or what, or they might rebrand the Phenix products, or restart production of classic Zorki rangefinders or Zenit SLRs.
I visited the Zenit museum in Krasnogorsk in december and the devices they made (not for sal to the public) were impressive. Zenit is celebrating its 100th anniversary next year, so they might come up with something new.
But I'm pretty sure that, if they come up with a nice film mechanical camera, I will be buying it.
Anybody brave enough to market a new film product deserves support
Best regards