Net profit of the Uralvagonzavod Corporation exceeds RUR 12bn in 2012

11.01.2013 — News

SVERDLOVSK REGION

By the end of 2012, the net profit of the Uralvagonzavod Research and Production Corporation, OJSC, will total 12.126 billion rubles, thus exceeding the 2011 level by 26%.

The press service of the corporation has informed RusBusinessNews that EBIDTA will amount to 20.291 billion rubles. The corporation’s revenues will reach 125.357 billion rubles, by 44% higher than the revenues in 2011. The corporation exported 80% of its military products.

In 2013, the amount of the state defense order placed with Uralvagonzavod will increase 1.5 times.