Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Russian Space Projects Become More Expensive Due to Crisis
29.03.2015 21:53
Russian Space Projects Become More Expensive Due to Crisis

Russian space projects have risen in price on average by 27 percent because of the current difficult economic situation, Yury Koptev, a representative of the Russian Space Agency Roscosmos said on Tuesday.

      "The crisis in our economics has led to a 27-percent price jump on average for every space project," Koptev said during his press-conference. He added that the Russia's Ministry of Economic Development had probably expected a lower level of inflation.

      According to Koptev, the rise in prices makes some perspectives for Russia's space industry look different. At the same time, Roscosmos doesn't plan to reduce or cancel any of the projects which have been planned for a couple of decades immediately ahead.

      Russia is currently experiencing an economic downturn, partly because of falling oil prices and sanctions imposed on Moscow by the Western countries. The ruble has lost about half its value against the dollar since summer 2014.




Author: Julia Alieva

Tags: Russia in space crisis space exploration economics  

Next Previous


You might also find interesting:

VkusVill Opened in Netherlands
02.06.2020
Seven Russian Banks Entered the World Top-150 for Accepting Cards in Stores
08.10.2020
Russian Venture Capital Market Shrank by almost 10% in 2020
16.12.2020
The State Duma Approved Imprisonment for Libel on the Internet in the First Reading
22.12.2020
Only a Third of Russian SMEs will be Able to Receive State Support
02.05.2020



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share


TAGS:
Lipetsk Region  Andrey Zvyagintsev  Cossack village  Leningrad Region  Russian language  Russian Romance Song  Russian regions  Street Art Museum under Open Sky  Russian people  Russian business  Egan-Jones Ratings  Joseph Stalin  St. Petersburg  crime  Campfires  travel to Russia  Newborn  Russian transport  Russian churches  Festivals in Moscow  Russian oil companies  Clint Eastwood  French Chanson  Okean Elzy  Transportation  Rostov-on-Don  Award Ceremony  Funicular  Mercedes-Benz Fashion Week Russia  Architecture Monuments  Russian art  Russian directors  TV Channels  children  Towers   Days of Ethnic Cultures  Russian polical parties  Russian tourism  Exhibitions in Moscow  Sergey Yesenin  Gourmet Tours  Dmitry Levitzky  Moscow  Tatar Cuisine  Kostroma  Tver region  Flaertiana   Arkhangelsk region  Russian social networks  Russian Cinema 


Travel Blogs
Top Traveling Sites