Kislovodsk is a Russian city located in the Stavropol Krai. After the October Revolution, the mansions of the rich were nationalized and turned into sanatoriums. Many folk craftsmen who carved figurines from bones and horns were among those who came to the sanatoriums. In 1934, they formed the 1st May Craft Cooperative. As early as 1937, representatives of the cooperative participated in an exhibition in Paris.
After the end of World War II, a bone carving guild was established in the city. With time, products were also made of materials other than horn and bones, such as amber, wood, plaster, plastic, and stone.
In 1960s, the production of porcelain souvenirs began. From the very beginning, the focus was on unique products of artistic value, avoiding the production of cheap porcelain trinkets. The then director of the plant, Nariman Kairov, played an important role in this direction of production.
The Kislovodsk Souvenir Factory after the collapse of the Soviet Union was transformed into a limited liability company Kislovodskiy farfor - Feniks.