Development of a new submachine gun chambered for the 9×21mm Gyurza cartridge (also used by the SR-1 "Vektor" pistol) was launched in the mid-1990s on the request of Russia's Federal Security Service (FSB).

"Veresk" and its round were created as a compact weapon capable of engaging enemies wearing Russian class-II body armor (able to stop ordinary pistol bullets, such as 9×19mm Parabellum and 7.62×25mm Tokarev), and soft-skinned vehicles, at distances up to 200 metres.

There are two AK-style control levers on both sides of the receiver: the right one is the safety switch, the left is a fire-mode selector.

There is a mount for a "red dot" sight on top of the receiver (unlike the AK-style side rail).

[2] The SR-2MP further modernisation upgrade that features picatinny rails on each side of the handguard and a sound suppressor.