The revenue of the Uralvagonzavod Corporation will be more than 135 billion rubles in 2014

24.12.2014 — News

MOSCOW

By the end of 2014, the revenue of the Uralvagonzavod Corporation will total 135.1 billion rubles. The profit on sales will amount to 5.8 billion rubles, while the net profit will reach 663 billion rubles, the Corporation Press Service has informed RusBusinessNews.

As Oleg Sienko, General Director of the Uralvagonzavod Corporation, pointed out, in spite of the adverse economic situation, more than 90% of the subsidiaries of the integrated entity came with positive results to the end of the year. The amount of the government orders totaled 54.4 billion rubles in 2014, thus exceeding 2.7 times the amount reached in 2013. In total, more than 1,500 units of new and upgraded equipment and machines were supplied to the Russian Army. The export contracts were estimated at 90 billion rubles.