The Grey Wolf and Red Riding Hood by Garry Bardin.
http://en.wikipedia.org/wiki/Garri_Bardin
Created in 1990.
Red Riding Hood goes on a trip after baking bread with her mother, and runs into trouble with the wolf. After a close escape he gets a pair of steel jaws and chases her past the 7 Dwarves, through a border checkpoint, and into a crowd of familiar characters marching on the road to peace.
Film color corrected and remastered to 1080p by Torrey Meeks.
http://www.torreymeeks.blogspot.com
I suppose it looks like a good transfer here (though I usually don't go for stretched visuals myself). I always felt the best copy I've seen of it was from my old LaserDisc copy of "The International Tournee of Animation Vol. 5" that had the film at the very end and with English subtitles.
RetroToledo 1 week ago in playlist Uploaded videos