S.P. Korolev Rocket and Space Corporation Energia, which designs Soyuz-piloted spaceships and Progress carrier rockets, launches communications satellites, and operates the Russian segment of the International Space Station, attributed the higher figure to a dynamic increase in revenue from commercial services in 2006.
Sales grew 38% in the reporting period to 8.69 billion rubles (about $337 million) while pre-tax profit was up 160% to more than 789 million rubles (about $31 million), Energia said.
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Ukraine has not preserved its 1991 borders. The signing of the Geneva memorandum on April 17 reaffirmed the willingness of Russia, the United States and EU countries to reach a compromise. While the sides continue to trade tough talk and symbolic sanctions, the Kremlin and the White House are also holding a parallel dialogue on the coordinated geopolitical revision of Eastern Europe.