Uralvagonzavod's 2012 revenues have already topped 80 billion rubles

07.12.2012 — News

SVERDLOVSK REGION

The parent company of the Uralvagonzavod Research and Production Corporation, which is located in Nizhny Tagil, manufactured 25,678 items of railroad equipment between January and November of 2012, meeting its yearly quota ahead of schedule and exceeding the company's production figures from the first eleven months of last year by 8.5%.

The corporation's press office told RusBusinessNews that earnings from sales during that period totaled 80.7 billion rubles, 52.7% of which came from the sale of gondola cars and 14.5% from tank cars.

Uralvagonzavod had net profits of 9.8 billion rubles, and its investment program has grown by 40%.