19 Jan 2014 15:56

RSC Energia sales grew by quarter in 2013 - Lopota

MOSCOW. Jan 19 (Interfax-AVN) - The Rocket and Space Corporation Energia ended 2013 with good business indicators, its president and general designer Vitaly Lopota told Interfax-AVN on Friday.

"The expected sales revenues of RSC Energia in 2013 will grow 25% compared to 2012. The main growth was generated by the Piloted Rocket and Space Systems division," he said.

Meanwhile, "the company profit will somewhat decline which is related to a drop in the prices under a contract for the production of transport vehicles in the middle of the year and the completion in 2012 of an international contract for ATV to which RSC delivered a number of systems, in particular, the docking unit," he said.

"Sales revenues are expected to increase by 8% in 2014 and profit will grow accordingly," Lopota said.

He said that in 2014 the corporation will have to carry out a number of operations concerning modules of the International Space Station (ISS).

"The production and pre-flight preparation of Soyuz TMA-M and Progress M-M spacecraft will continue. Four manned and four cargo spacecraft are to be launched in 2014," Lopota said.

"We will be producing Soyuz MS spacecraft (six vehicles at varying stages of readiness) and Progress MS spacecraft (9 vehicles at various stages of readiness)," Lopota said.

The corporation "will guarantee control over the flight of the Russian segment of ISS and transport vehicles and the execution of sixty space experiments," he said.

"In 2014 work will continue to develop automatic space vehicles under state and foreign contracts," Lopota said.