[2] The reorganization continued into 2014[3] with a Sberbank cooperation agreement,[4] and 2015 with a process to merge with the Russian Federal Space Agency to create the Roscosmos State Corporation.
[6] In announcing the new corporation in August 2013, Russian Deputy Prime Minister Dmitry Rogozin said "the failure-prone space sector is so troubled that it needs state supervision to overcome its problems.
"[citation needed] More detailed plans released in October 2013 called for a re-nationalization of the "troubled space industry," with sweeping reforms including a new "unified command structure and reducing redundant capabilities, acts that could lead to tens of thousands of layoffs.
"[11] In November 2014, it was announced that one part of the URSC charter is to increase the relative wages of those who work in the Russian space sector in order to attempt to counteract the low productivity and brain drain that has been hindering the industry.
URSC's publicly-stated long-term goal in late 2014 was to increase productivity of the space sector, threefold while doubling real wages by 2025.
[1] The decree to actually abolish Roscosmos as a state agency was signed by Vladimir Putin in December 2015, which was replaced by a state-run corporation effective 1 January 2016.
The rocket would be intended to place a payload of 100 tonnes (220,000 lb) in a baseline low Earth orbit and is projected to be based on the Angara launch vehicle technology.