Russians Clash On Energia President

LAUNCH PAD

Moscow (UPI) May 25, 2005
Russian rocket and space corporation Energia is set to elect a new president at its annual meeting.

Shareholders will gather Saturday to elect a president to a new term of five years, Roskosmos, the Russian space agency said.

Roskosmos said the corporation has been unprofitable since 2002 and has put up Nickolay Sevastianov, the director general of the joint-stock company Gascom, as the candidate for Energia's presidency.

The nomination of Sevastianov was endorsed by state-owned bodies controlling 38.22 percent of the corporation's stocks, as well as other shareholders consolidating 12.6 percent, according to Roskosmos.

Boris Gromov, the governor of the Moscow region, as well cosmonauts and the corporation's technical management, have appealed to Russian President Vladimir Putin to support the nomination of Yuriy Semenov, Energia's functioning president and designer general.

Semenov has been heading Energia for almost 20 years.

Energia is a Russian manufacturer of spacecraft and space station components. Its products have included the Energia launcher, the Progress spacecraft and the R-7 rocket, the world's first intercontinental ballistic missile.

Gascom is involved in the development of space systems and implementation of telecommunications and television projects.

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LAUNCH PAD

Russia To Spend More On Its Space Program

Moscow (UPI) May 23, 2005
The Russian Ministry for Economic Development and Trade has endorsed a draft space plan for 2006-2015 that calls for a significant increasing in spending.

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