Sanctions led to rescheduling of several satellite launches - ISS CEO

ZHUKOVSKY. Aug 26 (Interfax-AVN) - Companies of the Russian aerospace industry are overcoming the effects of Western sanctions imposed on Russia, Nikolai Testoyedov, CEO of Information Satellite Systems (ISS), headquartered in Zheleznogorsk, Krasnoyarsk territory, announced on Wednesday.

"Due to the sanctions the situation is serious but not deadly. They caused the rescheduling of the launch of several satellites," he said.