Russian Space Industry Output Grows 15% in 2004
Posted on: Tuesday, 28 December 2004, 21:00 CST
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.
Source: Daily News Bulletin; Moscow - English
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