Shiveluch volcano in Russia’s Far East spews ash to 11 km in airWorld December 10, 5:28
Ceasefire agreements enter into force near Damascus, in Idlib province ― mediaWorld December 10, 4:18
Russian pair Tarasova/Morozov win final of ISU Grand Prix of Figure Skating in MarseillesSport December 10, 4:00
Matviyenko to visit UAE to participate in Forum of Women Speakers of ParliamentRussian Politics & Diplomacy December 10, 3:21
Doping samples of all athletes from past three Olympics should be re-analyzed ― lawmakerSport December 10, 2:01
Russia’s figure skater Medvedeva leads with world record after SP at Grand Prix finalsSport December 10, 1:28
Russian energy minister expects OPEC, non member countries to sign agreement on oil outputBusiness & Economy December 10, 0:46
40 ceasefire violations reported in Syria in past day ― Russian reconciliation centerWorld December 10, 0:02
Russia open for cooperation with IOC, WADA ― ROC presidentSport December 09, 23:44
MOSCOW, January 4. /TASS/. Russia should develop the market of space services, Deputy Prime Minister Dmitry Rogozin said on Sunday commenting on the government’s order to establish the GLONASS joint stock company.
“Russia should receive benefits from its unique orbital group … and should develop the market of space services,” he tweeted.
The Russian government’s website reported earlier on Sunday that Prime Minister Dmitry Medvedev had signed an order on establishment of the GLONASS joint stock company, where the chartered capital would make 100 million roubles ($1.8 million). All the 100% of the shares will be owned by the state.
Russia’s most known satellite monitoring system - the Global Navigation Satellite System (GLONASS) was developed as an alternative to the US’ Global Positioning System (GPS), the EU’s future Galileo positioning system, and China’s future BeiDou positioning system.
At present, the GLONASS partnership comprises twelve companies, including state-controlled telecom giant Rostelecom, the Internet company Yandex and the country’s three largest mobile operators - MTS, MegaFon, and VimpelCom operating under the Beeline brand.