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:

Russia has Made up a Schedule for Reducing Oil Production by Months
18.12.2018
Russia Returned to the Top 10 European Countries in Terms of the Number of Projects with Direct Foreign Investment
14.06.2019
More than Half of Entrepreneurs in Russia Consider their Occupation to be Dangerous
25.07.2019
Skolkovo LegalTech 2018 Conference
08.09.2018
The Most Popular Offshore Choice of Russians is the British Virgin Islands
20.12.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Russian regions  Russian Cinema  Sheremetyevo Airport  Filipp Malyavin  Ivan the Terrible  pensioners in Russia  Moscow events  Exhibitions in Moscow  St. Petersburg  Britney Spears  Pioneers  Kemerovo Region  New Films  Ilya Shiyan  A warm place  Russian children  Mercedes-Benz Fashion Week Russia  migration in Russia  Christies  Norilsk Nickel  Tatarstan  Festivals in Moscow  Russian holidays  Russian business  Architecture Monuments  Monumental Art  airline tickets   Krasnodar Territory  health  Russia-Africa  Alzheimer's Disease  Theatre Festivals  Russian tourism  travel to Russia  Dolmens  Graphic Art  Russian sanctions   Marina Gisich Gallery  activity holidays  Russian souvenirs  Moscow  anti-blasphemy law  E621  Leo Tolstoy  Novotroitsk   Russia 360  helicopter tours  Russian politicians  Feodosiya  Russian directors 


Travel Blogs
Top Traveling Sites