The head of Roscosmos noted that private businesses in several industrial sectors are more efficient than state-owned enterprises.

The head of Roscosmos noted that private businesses in several industrial sectors are more efficient than state-owned enterprises.

The state monopoly in the field of space must be maintained in segments related to ensuring strategic security and protecting sovereignty; In other areas, private companies can be more efficient, Roscosmos CEO Dmitry Bakanov said. "There are a number of sections where the state monopoly must be maintained, they are related to ensuring strategic security and protecting sovereignty, but in other areas, private businesses can be more efficient," Bakanov said at a meeting with students of the Russian Economic University named after him.