More than 20 states that produce more than half of world's oil take part in OPEC meetingBusiness & Economy December 10, 13:05
Russian energy minister Novak sees 'no risk' OPEC agreement failsBusiness & Economy December 10, 12:43
Defense ministry organizes mass escape for Aleppo civilians via humanitarian corridorsWorld December 10, 12:38
Almost 18,000 civilians evacuated from areas of Aleppo controlled by militantsWorld December 10, 7:41
Russian swimmers win 11 sets of medals at FINA World Swimming Championships (25 m)Sport December 10, 7:00
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
MOSCOW, July 1. /TASS/. The Russian military-industrial complex continues its positive development despite Western sanctions, Russian Deputy Prime Minister Dmitry Rogozin said on Wednesday.
"In general, the dynamics of major financial and economic indicators of the military industry remained positive in 2014 although the external environment has been clearly changed," Rogozin told a government hour at the State Duma, Russia’s lower house of parliament.
This is despite the sanctions "which have been first of all directed against the leading concerns and corporations of the Russian military-industrial complex," Rogozin stressed.
Last year, the total profit of the military industry enterprises grew by 29.4% and the net profit saw an almost 2.6-fold increase. The average workforce productivity was up by more than 24%
The output of the military-industrial complex in 2014 grew by 15.5% The maximum level (24%) was reached in radio electronics industry, in aircraft manufacturing (17.1%) and rocket and space sector (8.6%).