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Last updated on May 30, 2012 at 16:36 EDT

Russian Space Industry Output Grows 15% in 2004

December 28, 2004
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MOSCOW. Dec 28 (Interfax) – Russian space industry enterprises have increased their output by 15% this year, head of the Federal Space Agency Anatoly Perminov said on Tuesday.

“The space industry will finish the year 2004 with good results. Output has grown by 15%, and labor productivity by 16.3%. Average monthly wages amounted to 7,892 rubles ($284),” Perminov told a news conference in Moscow.

At the same time, the industry still has problems. “There are several serious enterprises whose financial and economic performance causes our concern,” Perminov said.