Straight Line of the Day: Cool. What Can We Do With Assets of Russian Space Agency?

Russia’s Space Agency Forced to Sell Off Assets as Sanctions Take Toll
Newsweek | Feb. 28, 2024 | Isabel van Brugen

A representative of the company told Russian news outlet RBC that the decision was made after Roscosmos lost almost 80 percent of its export income after losing orders and key partners due to the war in Ukraine. This year, it intends to sell its “non-core” assets …

Borisov said in December that the company had lost contracts worth 180 billion rubles ($1.9 billion) out of 230 billion ($2.5 billion) as a result of the ongoing conflict in Ukraine and subsequent sanctions imposed on Russia by Kyiv’s allies.

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