PJSC “Research and production corporation “United Wagon Company” (“UWC”, the Company or the Holding) (MOEX: UWGN), the market leader in innovative railcar building in the 1520 mm gauge area, has once again been ranked among the 50 fastest-growing companies in Russia according to an annual survey in the business journal RBC. For the second year running, the company claimed second place.
The ranking is based on a coefficient of average annual revenue growth. In 2016, UWC’s revenue reached RUB 48.5 bln, compared with RUB 3.1 bln in 2013.
In 2016, the Company also climbed to 211th place in RBC’s ranking of the 500 biggest companies in Russia, up from 230th in the previous year.
This upward trend in UWC’s revenues reflects the Company’s stable development and provided by increased production and sales and growth of the average owned fleet.