This is a pocket watch. I think it is Russian. But I am not sure, can anybody read this?!

This is a pocket watch. I think it is Russian. But I am not sure, can anybody read this?!

It's Молния (Lightning). I believe such font was very popular in 60-es in the Soviet Union. You could see it on many logos like on cars Москвич, Чайка, Волга, on the Янтарь clock, or on a refrigerator МИР.