The Corporation Board of Directors chaired by N.F. Moiseev took place at S.P. Korolev RSC Energia. The President, General Designer N.N. Sevastiyanov and RSC Energia's Managing Board submitted draft Program of the Corporation Long-Term Development over the period till 2015 aimed at the following activities: manned space systems, automated space systems, rocket systems.
As per Draft Long-Term Program, by 2009 it is planned to double the rate of manufacture and launches of rocket-space systems according to the core business of the Corporation. This move reflects increased demand from both domestic and international space markets.
The Board of Directors approved the Corporation work program for 2007, which foresees a 30 % increase in its budget revenues as compared with those in 2006, as well as the investment plan for 2007 to the extent of 1 bln, 787 mln rubles with the aim to expand and modernize production capacities available at RSC Energia. In addition, the Board of Directors approved the Corporation performance over the 9 months of 2006.
The Corporation receipts have increased by 31 % for 3 quarters of the current year as compared with those for the same period of 2005. Board of Directors took decision that the President, General Designer N.N. Sevastiyanov and RSC Energia's Managing Board should submit Draft Program of the Corporation Long-Term Development till 2015 to the respective state administration body for concurrence in the established order.
