Here is the Yugoslavian AKM variation of the Avtomat Kalashnikov-47 with a spigot launcher for rifle grenades.
The integral grenade sight flips up and blocks the gas port to the cycling mechanism so that all gas is diverted into the barrel for launching. With the sight down it will cycle as a regular AK.
Also show are Yugoslavian M60 HEAT and M60P1 HE grenade types.