OREANDA-NEWS. April 13, 2009. The Cabinet of Minister of Ukraine has approved the State Program for Reforming (Restructuring) and Development of Enterprises of Rocket Space Branch, in particular M.K. Yangel Pivdenne State Design Bureau and O.M.Makarov Pivdenny Machine-Building Plant Production Association. The Prime Minister Yulia Tymoshenko informed on the outcomes of the away session of the Government in Dnipropetrovsk.

According to her, the State Program outlines the direction of reforming of the branch and also contains proper financing.

Yulia Tymoshenko emphasized among the decisions approved is to increase to UAH 412 mn the financing of space rocket domain for 2009. These changes to the State Budget fully correspond to the needs of the branch whereas additional funds will enable, particularly, financing of innovation projects.

“We have assumed certain commitments to the branch which we are to fulfill,” she assured.

Moreover, Yulia Tymoshenko disclosed one more decision of the Government is the resolution to earmark UAH 160 mn to Pavlograd Chemical Plant for utilization of solid propellant.