Builders under restructuring successfully reduce loss in 2013
Seoul - Yonhap
South Korean builders undergoing restructuring have successfully reduced operating losses last year, a sign that their self-help measures are bearing fruit, a report by a local construction association showed Thursday. According to findings by Construction Association of Korea (CAK) that checked 14 companies presently under court protection or in debt-restructuring programs, their combined operating losses reached 45.6 billion won (US$42.5 million) in the third quarter of last year, down sharply from over 972.1 billion a year earlier.
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Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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