TS News - Forced Holidays At Satellite Maker
From: email@example.com (Martyn Williams)
Date: Sat, 17 Aug 1996 14:21:08 +0900
From firstname.lastname@example.org Sat Aug 17 01: 34:52 1996
TELE-satellit News, 17 August 1996
Forced Holidays At Satellite Maker
MOSCOW, Russia, 96/08/17 (OMRI) -- Some 8,000 workers at the Applied
Mechanics Association company (OPM) in Zheleznogorsk (the former
Krasnoyarsk-26), which manufactures space satellite communications systems,
were sent on forced leave until 1 October, ITAR-TASS reported on 16 August.
OPM lacks the money to pay wages and continue production, due to the fact
that in 1996 its customers--the Defense Ministry, the Russian Space Agency,
and the Moscow--based association Informkosmos--only paid 10% of the money
they owed. The company was in part paid with bills of exchange issued by the
recently collapsed Tveruniversalbank.
By: Natalia Gurushina
Source: This material was reprinted with permission of the Open Media Research
Institute, a nonprofit organization with research offices in Prague,
Czech Republic. For more information on OMRI publications, please
write to: email@example.com
(c)TELE-satellit 1996. All rights reserved.
[Other mailing list archives]