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Soviet-era factory or industrial badget. Factory worker badges - $5 (Aurora)
condition:
excellent
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What the badge shows
Red geometric shape: This style (a central pillar with two horizontal “arms”) is common in badges representing industrial production, machine-building, or construction trusts.
Green text at the bottom: The Cyrillic text appears to read something close to “ИПЕМЗЯКОМ” or “ИПЕНЗЯКОВ”, but the stylization makes the letters hard to read precisely.
These sorts of abbreviations almost always stand for:
A specific factory (завод—“Zavod”)
A construction or engineering trust
A technical institute or training enterprise
Most likely identification
Badges with this layout and lettering are typically:
Factory worker badges
Commemorative shop/department badges
Internal factory awards
Trade-union or professional affiliation pins (especially for machine-building and construction)
The “tower” symbol strongly resembles the stylized markers used by Soviet construction trusts (тресты) in the 1960–1980 period.