In the first quarter of 2012, the revenues of Uralvagonzavod Scientific & Production Corporation coming from the production and sales of special purpose machines and vehicles dropped by 43.7% against a year earlier, that is, from 2.37bn RUR down to 1.34bn RUR. This information is available in the company’s quarterly report uploaded on the enterprise’s website.

‘The decrease in revenues had to do with lack of shipments under the government contract,’ the report states.