Russia has begun to fulfil a 250-million-dollar contract to deliver surface-to-air missiles to seven countries including Libya, Syria and Venezuela, the Vedomosti business daily reported Friday.

Russia will also deliver the S-125 Pechora-2M missile batteries to Egypt, Myanmar, Vietnam and Turkmenistan under the contract, the newspaper said, citing a source in the state-owned Russian Technologies corporation.

Contacted by AFP, a spokeswoman for the company declined to comment. Russian Technologies includes arms exporter Rosoboronexport among its holdings. The paper did not say which parties had signed the contract.

The Pechora-2M -- known as the SA-3A Goa in NATO parlance -- is an upgraded version of a surface-to-air missile originally developed in the 1960s that was widely shared with the Soviet Union's allies around the world.

Under the contract, 200 missiles are to be delivered including 70 for Egypt, an unnamed manager at a Russian defence-industry factory told Vedomosti. He added that most would be built at the Obukhov factory in Saint Petersburg.

"It is a simple but effective system, like the Kalashnikov assault rifle," he said of the Pechora.