With tha latest news of AK-12 being accepted as one of the weapons of choice for russian army, it would be good to list a few differences from the AK-74M.
First of all and most notable is the improvement in ergonomics. It is possible to perform most manipulations with tha gun with a single hand. Notable is the ambidextrous fire selector(with burst fire added), which is easy to use with a thumb, absolutely new to AK series, and a new magazine release. It is now possible to drop the mag with the help of a single finger. Also AK features new ventilated handguard and a foldable telescopic stock. As for the other notable improvements, AK-12 features a new compensator and a new receiver cover.
A couple words abouth the cover. It is far more hard and got rid of the backlash problem, which is usual for any AK. Moreover, it features a picatinny rail, and new sights, with a longer sight line, that should considerably increase iron sight fire accuracy.
The system is left classic, with a couple improvements to the manufacturing process. The parts are made with far more precision.
The price, voiced by IZhMASh, is $1000. The gun should be availible by spring-summer 2015.

Ukrainian company "Fort" widens it's interaction with the Israeli IWI adopting 3 new designs: Fort-227, Fort-228 and Fort-229. Each one is based on the Israeli-designed Galil ACE, the evolution of an AK rifle.

Fort-227 is the 5.56 design, with the barrell length of 332 mm. Fort-228 is designed for 7.62x39 ammo, and has the barrell length of 215 mm. Fort-229, in its turn, has the barrell length of 400 mm and is designed for  7.62 NATO ammo.
Ukraine adopted Fort-227 and Fort-228 for the Army, as well, as it has adopted the Fort-made Tavor rifle for the National guard.
Nevertheless, not too many soldiers have used these rifles in the battlefield. Moreover, the profit of these guns is arguable, as Ukraine has no factories to massively produce 5.56 ammo, nor to rearrange the existing ones, as Lugansk ammo factory is in separatists' control