Uralvagonzavod Published 2016 Financials

Uralvagonzavod reported net profit of 1.54 B RUB (27 M USD) in 2016, the Gudok reports. In 2015 the company reported net loss of 10 B RUB (178 M USD).

Uralvagonzavod’s revenue is up 1.7 times to 94 B RUB (2 B USD). In particular, the revenue received from sales of gondola and tank cars is up 2.7 times to 14.919 B RUB (266 M USD).

Uralvagonzavod manufactured 7,200 freight cars in 2016.

Uralvagonzavod is one of Russia’s largest freight car manufacturers. Since recently the company

is owned by Rostech. Uralvagonzavod is also Russia’s largest manufacturers of tanks and other military equipment.