United Wagon Company makes first appearance in Rating of the largest Russian companies RAEX-600
Research and Production Corporation “United Wagon Company” (“RPC UWC” or “Company”) (MOEX: UWGN), the market leader in innovative railcar manufacturing in the 1520 mm gauge area, has made its first appearance in annual Rating of the largest Russian companies RAEX-600 and has received award in Growth Dynamics nomination.
Basic rating parameter is annual sales of products and services. In 2014, IFRS revenue of RPC UWC totaled RUB 17.1bn, 5.6 times more than in the previous period. Thus, Company managed to achieve absolute record in growth dynamics increasing its share in the railcar market from 1% to 15% and accounting for 58% of volume in innovative railcar production, according to RAEX data.
The current Rating of the largest Russian companies has become the most representative since it was created more than twenty years ago. The number of its participants has increased from 200 to 600. From 2015 Rating of Russian top industrial companies will be made under trademark RAEX-600.