It is a Romanian military training rifle, the sight picture approximates the sights on an AK rifle. Trigger is similar to an AK too, long takeup, some resistance, then the trigger breaks. I bought a bunch of them when they were first imported back around 1995. If you bought four, you could get them for $55 each.
Pretty neat rifles, fairly accurate, light and handy. They are copies of Winchester Model 69 target rifles, and can use the same magazine.
The dates on the ones I had ran anywhere from 1969 to 1984.
I traded of all but the best one, which I still shoot frequently. I use it a lot as a canoeing gun, figure if I capsize and lose the rifle, I'm not out a bunch of money.